Category: Daily Society

Cost of Tea II

The Tea Party logic that we go from a high government cost to a low government cost overlooks the transition costs.  All the social contract based on the current government structure will be affected.  That contract includes current government employment, level playing field for investors, retirement plans based on social security and medicare, education, energy…

Jobs Growth

Finally, we’re getting some jobs growth again.  151,000 in October.   From the demographic data, we know that 60,000 are needed to absorb natural population growth. That leaves 90,000 to reduce unemployment. That’s 6 years to make up the 6 million lost in this Great Recession – at this rate.