Category: Politics & Government

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.

The Cost of Tea

The Republicans and the Tea Party want to balance the budget and shrink the government. Laudable goals, but you have to get through the immediate economic reactions of lower aggregate demand – unemployment increase with government workers and sagging GDP growth. … and the lost Republican majority in the Senate …