The economy is not well
Alan Abelson in Barron’s One in every 10 Americans missed a mortgage payment in the first quarter of this year — a new record. One in 10 Americans’ credit-card usage is being written off — also a new record. One…
"A republic, if you can keep it." Vegas, taxes.
"A republic, if you can keep it." Vegas, taxes.
Alan Abelson in Barron’s One in every 10 Americans missed a mortgage payment in the first quarter of this year — a new record. One in 10 Americans’ credit-card usage is being written off — also a new record. One…
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…
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…
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…
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…