Still There

I’ve posted this chart periodically over the last year. But it always help to have a little refresher when new jobs reports come out:

Nonfarm payroll employment was little changed (-36,000) in February, and the unemployment rate held at 9.7 percent, the U.S. Bureau of Labor Statistics reported today. Employment fell in construction and information, while [...]

Say It Ain’t So

What do you do when you’ve been trapped in your DC apartment for days on end because of the Snowpocalypse/Snowmageddon and can’t make it to your worthless Georgetown Law classes? You read 1,000,000 word articles from The Atlantic, apparently.
And that is exactly what Steve has done. He forwarded me this uplifting piece this morning. A [...]

Sputtering

We’re not there yet:
From supermarkets to department stores, sales fell 0.3 percent from November, a decline that economists attributed to a bleak jobs market and a reluctance by consumers to spend freely. Analysts, encouraged by signs that consumers were regaining confidence, had expected sales to rise 0.5 percent.
Consumer spending drives 70% of the US economy. [...]

Invade Iceland

There used to be some random fact that the US has never gone to war with a country that currently had a McDonald’s in it. That still might be the case, but either way, it’s not good sign for Iceland:
Iceland’s McDonald’s Corp. restaurants will be closed at the end of the month after the collapse [...]

Free Golf Carts!

Obama is finally good for something after all: helping my golf game.

Thanks to an IRS ruling that golf carts, as long as they are road worthy (side-view mirrors, seat belts, etc.), can qualify for the electric vehicle rebate up to $5500.
The federal credit provides from $4,200 to $5,500 for the purchase of an electric vehicle, [...]

It Only Makes AdSense

I’m trying out some Google ads with their AdSense program, because I can. I think get paid per 1000 views or 100 clicks or something like that. I imagine it’ll amount to pennies/month, if that, but I figured I’d try it out anyway just to see how things go.
So, you’ll see on the right some [...]

Loopy

A few days ago, I commented about the adverse feedback loop in our economy and how that might severely retard a recovery effort in the short- to mid-term. Today, we got an updated reading on one of the largest components of that loop, home foreclosures.
The number of households caught up in the foreclosure crisis rose [...]

Adverse Feedback Loop

The Great Wahl is very versatile. I can switch from boiling beer pong balls to really nerdy econ discussions in just one post.
A lot of economic articles I follow have been talking about a “W”-shaped dip coming in the American economy. Jobs continue to drag on the economy, and unemployment continues to climb despite the [...]

Interesting Reads

Sunday morning is a great time to catch up on some reading. May I suggest:
1. A woman is paralyzed from eating a burger her mom grilled at a BBQ: Trail of E. Coli Shows Flaws in Inspection of Ground Beef
Stephanie Smith, a children’s dance instructor, thought she had a stomach virus. The aches and [...]

The Countdown Begins

Fact 1. My birthday (November 29th) is only two months from today (September 29th).
Fact 2. I don’t really read fiction. I much prefer non-fiction. And in that subset, I prefer non-fiction about business, economics, psychology, and sociology.
Fact 3. I enjoy learning, and sharing, random facts.
Fact 4. Combining facts 1, 2, and 3, you arrive at [...]