Georgia Republicans believe the cause of unemployment is drugs, propose random drug testing as condition for receiving unemployment benefits. Ignoring that it was unbridled free marketeering and deregulation, and a host of other policies favored by the ruling class (of which they are members) that caused a dearth of jobs. Do you think I’m making [...]
Posts Tagged ‘perkypants’
Anti-perkipants report. southern California unemployment rising
Imperial County: Decrease in unemployment rate likely due to hiring seasonal agricultural workers. Consider what will happen to the rate when they are laid off at the end of the cool crop season.
Heard in the trenches: Several CPA firms in Orange County plan to furlough staff to a 40% work week after April, [...]
Everything’s fine, just fine! (Except it’s not…)
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 [...]
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 [...]
Some swell pessimism porn for all you doom mongers
Clusterstock has thoughtfully assembled a list of the most bearish financial pundits, but really, they’re all a bunch of perkypants compared to Jim Kuntsler, except for Dimitry Orlov, who also basically predicts we’ll be living in caves and grubbing for worms as penance for our excess while society collapses around us. Such prognostications apparently fill [...]
Perkypants Alert!
Lawrence Summers: Positive economic news few months away
(Sue has dubbed me Mr. Perkypants for my misguided optimism about the economy while she’s ok with her new moniker, Mrs. GloomyDoom)
Perkipantied? I got your antiperk right here
(Note: Sue has dubbed me Mr. Perkypants over my optimism that the current financial crisis will lessen by 2010 – Bob)
New trend … ghost ships.
Housing keeps going down and is not anywhere near the bottom.
Geithner plan will work only if the economy is hysterical and “what it really needs is a slap in the face [...]
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)
Doug Kass calls a stock market bottom
I’ve followed money manager and financial commentator Doug Kass for quite a while. He’s plenty smart, savvy, and often takes gutsy moves in advance of the herd (like when he shorted Berkshire Hathaway early last year).
Kass predicted the current decline long before most mainstream media did. He now says the stock market will bottom out [...]
Warren Buffett tells everyone to chill
“Our Country has faced far worse travails”
The Disaster Chic police are going to be all over him, how dare he be perky, especially since his company had a horrible year. Why isn’t he telling people to buy gold, guns, and dried food instead?
Oh wait, survivalists have done that any number of times these past several [...]
The Panic of 2008: How bad is it?
After reciting a litany of horrifying statistics, Newgeography ends with a surprising conclusion.
The reality is that the country achieved astounding economic and social progress since World War II. The reality remains that even after the losses we are not, objectively speaking, experiencing Depression like conditions. Critically, the answer to the question, are you better off [...]
Perkypants virus spreading. Doomsters aghast
Yesterday we brought the troubling news that a VC investor was no longer gloomy. Well, this dangerous contagion is spreading, a noted economist has now become optimistic.
Perkypants Alert. VC getting giddy, not gloomy
Venture Capital investor Paul Kedrosky at Infectious Greed is becoming dangerously perky, apparently refusing to believe the sky is falling in.
A confession: I’ve been offline most of the weekend and am only now catching up on the usual Sunday night chatter about how it’s the end of the world as we know it. Of course, [...]
