The current debate over the economy has been written to suit political whims and the needs of floundering mainstream news outfits, such as CNN.

There is no doubt that the current shape of the US economy is wanting, but what is most ironic, is that despite claims to the contrary, Republicans demanded (and got) a slowing of government spending. Then ( Read more... )

More cold water on Republican hopefuls and ECRI, the latest survey of CFOs points to even better hiring prospects ahead ( Read more... )

Economic news out of the US over the past few days have gone from just ok to pretty decent, helping set the stage for this big relief rally now underway ( Read more... )

Remains Of Ancient Race Of Job Creators Found In Rust Belt

October 31, 2011


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They did leave out that our crops didn't do well this year because of the flooding, so ag is a little rougher. Hopefully it'll be better next year.

In other news, the oil boom may be expanding southward. But I don't talk about South Dakota, I'll leave that for someone else. XD

The government issues benchmark revisions to its jobs estimates every couple of years or so, upon reviewing more complete, and correct data. Often this comes after extensive reviews of tax receipts. This time, US income data from 2010 strongly suggests that there was actual net job destruction, again, during that year, compared with current ( Read more... )

"Great Recession" has really stuck as the name given to the downturn that officially began in late 2007 and officially ended in mid-2009... and unofficially started back in 2006 and unofficially continues in many ways to this day.

The downturn certainly has felt greatly awful, but how does it measure up against other recessions? Was it really and ( Read more... )

karnythia got pointed to the craigslist job posting from HELL and thoughtfully shared this nerve wracking reminder of just how bad the economy is with us. Read on:

administrative assistant/receptionist (Loop ( Read more... )

Consider this to be a follow-up to oil prices dropping 10 percent. All stories from WOOD-TV's YouTube channel.

First, the stories before the drop in oil prices last week.

Click to view

Gasoline averaged around $4.29 per gallon in West Michigan on Tuesday night, but there are several ways to avoid paying the wholesale price.
( See if you notice any theme tying the rest of these videos to high gas prices. )