10 spicy bits of economic news:
1. Jobless claims rise unexpectedly.
The number of Americans filing first-time claims for unemployment insurance climbed unexpectedly last week.
There were 473,000 initial jobless claims filed in the week ended Feb. 13, up 31,000 from the previous week’s upwardly revised 442,000, the Labor Department said on Thursday.
A consensus estimate of economists surveyed [...]
Posts Tagged ‘economy’
Everything’s fine, just fine! (Except it’s not…)
Gateway to New Economy
After operating on the periphery around Polizeros for a while, I’ve been invited to do a little scribble now and then. Honored.
Polizeros has been a super-trooper blog pushing those frost heaves of progressivism for years. I’ll begin my foray here with not a news entry, nor a scathing commentary, nor a blog-esque diary musing all [...]
A message to all you perkypants out there
We’ve “stopped falling off a cliff.” Oh, sure, sure. Now we’re bouncing down the scree:
Housing starts unexpectedly slid 13 percent to an annual rate of 458,000, led by a 46 percent tumble in multifamily starts, which tend to be more volatile, Commerce Department figures showed in Washington. Building permits, a sign of future [...]
Who do you trust on the economy?
The video above comes from a Mother Jones fundraiser held recently out on the west coast. You can view the rest here, but this one in particular got me thinking about which sources I actually trust for economic news. Turns out, not that many. Before I list them though, I should tell you that [...]
Yet another Perkypants outburst of optimism amidst the nihilism
Christina Romer, head of the White House’s economic advice council says she is “incredibly confident” the US economy will recover within 12 months.
Is there no end to these Happyfaces who insist we are not facing TEOTWAWKI? Don’t they understand that Disaster Chic is what’s going on and that optimism is so not welcome.
Happily though, Douglas [...]
Perkypants alert!
B of NY economist sees recession ending this summer
(“Mr. Perkypants” is what Sue called me after one of my unfortunate bursts of optimism amidst the gloom and doom)
