GDP is Up, Profits are Up, So Where are the Jobs?

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The unemployment rate in the United States

I just read an article over on CNBC called, Why GDP Growth Has Not Provided Jobs Yet, the article is well written, well thought out and honestly gives a good free market text book explanation to answer the question, where are the jobs and why aren’t . . . → Read More: GDP is Up, Profits are Up, So Where are the Jobs?

Pontiac Michigan – A Canary In The Coal Mine

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When the canary dies, the miner who lingers is next! – Photo Credit to afagen via flickr.

The phrase “canary in the coal mine” refers to the old practice of mining workers taking canaries into mine tunnels with them. If poisonous gases such as methane or carbon monoxide leaked into the mine-shaft, . . . → Read More: Pontiac Michigan – A Canary In The Coal Mine

Ben Bernanke Calls it Quits on Printing Money and Some Are Not Happy About It

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Ben Calls it Quits and is Confused

Recently in remarks from his latest speech Fed Chairman Ben Bernanke acknowledged that the Fed has done all it can do to prop up the economy and it is now up to the nation itself to rebuild the economy. You can see his speech here. My . . . → Read More: Ben Bernanke Calls it Quits on Printing Money and Some Are Not Happy About It

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