Joe Oliva
Friday, July 30, 2010
Economy Continues To Accelerate
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THE NEWS CAME OUT TODAY THAT THE ECONOMY GREW IN THE SECOND QUARTER AT A HEALTHY RATE OF 2.4%. But that is not what you will read in the med...
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Thursday, July 29, 2010
Slack Is Good
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Take it easy Lighten up Simplify We are living in the slack economy now and it is good. More leisure, no shortages of food or housing. Peopl...
Sunday, July 25, 2010
History Teaches Whole Civilizations Can Collapse
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Maybe that is a fallacious concept. What really happened to Rome or Athens? They did not disappear completely. But there are some civilizati...
Saturday, July 24, 2010
Take Care No Blame
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Take care of your animal Don't blame the economy What do I mean? Are you an animal? Or is only your body an animal? Your body is your an...
Tuesday, July 20, 2010
USA Per Capita GDP Hits All Time High in 2010
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This is a prediction. And it looks very likely. 2009 per capita GDP was only .5% lower than the peak of 2008. (LOWER BY ONE HALF OF ONE PERC...
Expectations Lead To Gloom
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Saw this headline "WHY GLOOM ON ECONOMY PERSISTS" It is all about expectations. If you expect a dollar and you get 80 cents then y...
Monday, July 19, 2010
Problem With Government Revenue
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It is generally thought that government spending is counter-cyclical. That is, when the economy slows down tax revenues go down and governme...
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