Cash for Clunkers May Cost Up to $45,354 Per Vehicle [View article]
Avery could have connected the dots better. He is focusing on the total cost of the program in relation to the incremental gain. $1 billion divided by 22,000 incremental vehicle sales= $45,460 per vehicle.
Companies Say Cuts Are Here to Stay [View article]
Everyone talks about the need for more and better education as if that is the "answer" to many of our problems. I think not. Society says to college students: "It is good to load-up with student debt because you will need that degree." But reality is, our society has not provided a sufficent number of challenging jobs commensurate with the educational achievements of today's college graduates. And it has been this way for at least the last 10 years. The graduate is stuck with student debt which low-paying "entry" jobs will not cure.
This Recession Will Be Anything but Deep [View article]
Thank you for reminding everyone that the sky is not falling despite what an omnipresent sensationalized media would have us believe.
Living in the age of instant information, we are able to witness every important event. Modern day Americans have come to expect events and history in fast motion. We no longer know or accept patience.
In a few months we will have a new administration and the spend spigot will continue wide open. A year from now we will be dealing not with recession but a different subject, inflation. By then the media will need a new event to shove in our face.
Cash for Clunkers May Cost Up to $45,354 Per Vehicle [View article]
Companies Say Cuts Are Here to Stay [View article]
Society says to college students: "It is good to load-up with student debt because you will need that degree."
But reality is, our society has not provided a sufficent number of challenging jobs commensurate with the educational achievements of today's college graduates. And it has been this way for at least the last 10 years.
The graduate is stuck with student debt which low-paying "entry" jobs will not cure.
Just Another Day of Bad Reporting [View article]
The Ultimate Game Changer: Why 2009 Will Be Worse Than 2008 (Part 1) [View article]
It requires gray matter. Thank you, Allen.
This Recession Will Be Anything but Deep [View article]
Living in the age of instant information, we are able to witness every important event. Modern day Americans have come to expect events and history in fast motion. We no longer know or accept patience.
In a few months we will have a new administration and the spend spigot will continue wide open. A year from now we will be dealing not with recession but a different subject, inflation. By then the media will need a new event to shove in our face.
What Happened to Free Markets? [View article]
Witness Washington Mutual and Wachovia. Welcome to big brother's new world order. Next victim?
Time Not for a Bailout, But for Nationalization [View article]
You say you want the folks that brought us Fannie Mae and Freddie Mac to be our commercial bankers, DMV style.
Canada will have a population explosion.