by Dave Johnson | Mar 22, 2011 | Blog, Economy
I was a guest on a segment of the Peter Schiff radio show this morning, guest-hosted today by Mike Pento. The show takes a libertarian/conservative point of view, and I welcomed the opportunity to contribute an alternative perspective. We need more like this to get a...
by Dave Johnson | Mar 18, 2011 | Blog, Economy
A "report" from Republican staff of the Joint Economic Committee says that the path to job creation is cutting ... the very things that create jobs. This is like saying that cutting taxes increases revenue. We know how that worked out, and the job-consequences of...
by Dave Johnson | Mar 17, 2011 | Blog
The Calculated Risk blog takes a survey of all the bad news that could hit the economy, in Crisis Fatigue? Make a list, (click through for details, etc.) • Risks from the earthquake in Japan. • Higher oil prices and a possible supply shock. • U.S. Housing Crisis. •...
by Dave Johnson | Mar 17, 2011 | Blog
Earlier today I wrote that External Shock Happens, and "we should be shoring up our public structures, our infrastructure, our protections and empowerments. That is what government is and what it does, and we need it." I just came across a post, Black Swans, 100 Year...
by Dave Johnson | Mar 17, 2011 | Blog, Economy
You wouldn't know it from looking around you but this country has grown much richer over last 30 years. We have a vastly higher GDP, higher average income, much more wealth... But American workers haven’t shared in it. It is all captured by a few billionaires and...