by Dave Johnson | Jul 12, 2011 | Blog, Making it in America
There was (yet more) bad economic news this morning. Reuters: US trade deficit grows to 31-month high. While oil takes part of the blame, the problem is not all oil: Oil imports helped widen the U.S. trade deficit to $50.2 billion in May from $43.6 billion in April,...
by Dave Johnson | Jul 10, 2011 | Blog
It seems that I begin a post every month by writing, “Another terrible jobs report.” And it seems I end that post each month asking why our leaders are ignoring the problem. Our country is in a jobs emergency, and our government is not doing its part to fill the gap...
by Dave Johnson | Jul 10, 2011 | Blog
In response to today's terrible jobs report Republicans are demanding that even more government employees, contractors and others lose their jobs. They also demand that even more construction workers and others receiving government contracts lose their jobs, too. They...
by Dave Johnson | Jul 10, 2011 | Blog, Economy, Making it in America
Negotiating with crazy people is always a bad idea and negotiating with hostage-takers is dangerous. But negotiating with crazy hostage-takers is worse than dangerously bad. The “debt-ceiling” deal being negotiated to keep the economy from being crashed could crash...
by Dave Johnson | Jul 10, 2011 | Blog, Economy
In the middle of the worst job crisis since the Depression many Democrats forgot about jobs and got all in a tizzy about cutting budgets. All the usual suspects made a lot of noise about deficit reduction, and the cocktail-party and dinner-party circuits all knowingly...
