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Middle Class Musical Chairs

The recession ended 4 years ago. Where are the jobs, and where's the expansion?

A Shrinking GDP

4th quarter GDP shrunk by .1%. Are we heading toward another recession? Have we expanded our way out of the last one? A double dip recession can occur when the economy starts to shrink after only a quarter or two of growth. With two years of growth, even slow growth, behind us, a recession would [...]

Seeing the Light

A few weeks ago, I wrote an article Cash Hoarders QE3 Won't Help, and sure enough, the Bernanke wasn't listening, and has turned on the presses. The problem is not a lack of liquidity, it's the lack of velocity, no one is spending.

Cash Hoarders – QE3 won’t help

If you have a child in your family, you're probably familiar with the work of Laura Numeroff. She authored the books If You Give a Mouse a Cookie, If You Give a Moose a Muffin, and If You Give a Pig a Pancake. The premiss in this series is simple, one thing leads to another [...]

Something Fishy about Bain

In March I wrote a piece titled The Domino Effect, how I thought Bain Capital wasn't particularly good for capitalism. Shortly after, I hosted a guest post Why Private Equity Does What it Does, a well written opposing view on the matter. It seems the press and political cartoonists have jumped on the bandwagon, not [...]

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