Monthly Archives: May 2011

Why Aren’t the Unions Screaming?

The New York Daily News cites a report by UBS Investment Research that state and local governments may cut 450,000 jobs in fiscal 2012 (which starts in the summer of 2011 I believe). Part of the problem is that Federal … Continue reading

Posted in Uncategorized | Leave a comment

Waking Up the Dead Suits

A sad piece in Newsweek a few weeks back “Dead Suit Walking” about jobless men in their late 40’s and 50’s who can’t find work, fear they’ll have to accept a big downgrade in order to get another job and … Continue reading

Posted in Uncategorized | Leave a comment

Jobless Rate Up, but So Are Jobs

First time unemployment claims rose again this week to 474,000. It’s the third increase in four weeks. There were a lot of excuses for it, but supposedly the numbers have to get into the low 300,000’s before steady job growth … Continue reading

Posted in Uncategorized | Leave a comment

U.S. Public’s Support for “free market” Capitalism Drops Off a Cliff

The polling firm GlobalSacan has been asking the same question on the economy since 2002. The question asks if the “free market system” was the best economic system. In 2002 when GlobalScan first asked the question “strongly agree” or “agree” … Continue reading

Posted in Uncategorized | Leave a comment