Despite GDP Gains, Economy Still in Deep Distress
Posted in News on 29 October 2009
Stats: 95 views and 6 Comments For immediate release – October 29, 2009 (Irvington, New York) Despite a reported increase in GDP in Q3 of 2009, the overall economy remains in deep distress says the Foundation for Economic Education, publisher of the Distress Index. The Distress Index combines government statistics measuring inflation, unemployment, GDP, household debt ...
Posted in News on 29 October 2009
Stats: 95 views and 6 Comments For immediate release – October 29, 2009 (Irvington, New York) Despite a reported increase in GDP in Q3 of 2009, the overall economy remains in deep distress says the Foundation for Economic Education, publisher of the Distress Index. The Distress Index combines government statistics measuring inflation, unemployment, GDP, household debt ...
Don’t Cry For Us, Argentina
Posted in Not So Fast! on 21 October 2009
Stats: 425 views and 3 Comments Economic news continues to be bad, and despite the government’s promises that the recession’s end is near, I don’t see it. Economic fundamentals are more skewed now than they were two years ago, which means a recovery is not near. We hear today that the Canadian dollar is almost at parity ...
Posted in Not So Fast! on 21 October 2009
Stats: 425 views and 3 Comments Economic news continues to be bad, and despite the government’s promises that the recession’s end is near, I don’t see it. Economic fundamentals are more skewed now than they were two years ago, which means a recovery is not near. We hear today that the Canadian dollar is almost at parity ...
Government Workers Facing Furloughs
Posted in In brief on 5 January 2009
Stats: 5 views and No Comments "Financially struggling universities, factories and even hospitals are requiring employees to take unpaid 'furloughs' — temporary layoffs that amount to one-time pay cuts for workers and a cost savings for employers. This year, the number of temporarily laid off workers hit a 17-year high. 'If they do it once, I ...
Posted in In brief on 5 January 2009
Stats: 5 views and No Comments "Financially struggling universities, factories and even hospitals are requiring employees to take unpaid 'furloughs' — temporary layoffs that amount to one-time pay cuts for workers and a cost savings for employers. This year, the number of temporarily laid off workers hit a 17-year high. 'If they do it once, I ...
