As a longtime member of the National Association of Business Economics (NABE), I look forward to their quarterly surveys. It is important to know when my thoughts are in the economic mainstream . . . or not. Their just-released survey is interesting. I have never seen less agreement at NABE. Take your choice: continuing economic expansion, severe recession, or a modest recession or “soft-landing” —…
As a proud card-carrying “child of the Sixties”, it seems unnatural to respect anything or anyone. Worse, even if you do, it still seems unnatural to show it. However, I cannot hide my respect for the people of Ukraine, who have fought so bravely and have suffered so much at the hands of Russia. I respect the Ukrainians greatly and salute them! In the Army,…
Friday, the Department of Labor released its monthly reports of jobs created last month. It was a great report but too good to be true. Analysts expected about 185 thousand new jobs, as the economy slows down due to higher interest rates. To everyone’s surprise — no, I mean to everyone’s shock — 517 thousand new jobs were created last month. While that is not…