Posts Tagged ‘ unemployment ’

10 Housing Markets That Will Collapse This Year

Sep 16th, 2011 | By | Category: Housing
The real estate market is already in the deepest depression in modern U.S. history. If you think it can't get any worse, think again. In several cities, the real estate market is about to drop even more. Home values in many of those cities, such as Las Vegas, have already collapsed ...read more


How the Government Can Create Jobs

Sep 15th, 2011 | By | Category: Economics, Featured
Mr. Chairman, Mr. Ranking member, and all distinguished members of this panel. Thank you for inviting me here today to offer my opinions as to how the government can help the American economy recover from the worst crisis in living memory. Despite the understandable human tendency to help others, government spending ...read more


The Economics of Technological Advances

Apr 20th, 2011 | By | Category: Economics, Featured, Technology
Recently I saw a Youtube clip of Congressman Jesse Jackson Jr. of Illinois, in which he claimed that the Apple’s iPad will be the cause of future unemployment. His claim was that people will no longer buy actual books and everything will be downloaded onto e-readers. This is supposed to destroy ...read more


A Self-Employed Carpenter’s Thoughts on the Future

Feb 9th, 2011 | By | Category: Economics, Featured, Housing
The world is changing. Currently, as a nation, we have a large and well-trained section of our work force dedicated to residential construction. Unemployment within the construction industry now exceeds 20%. That number takes into account only workers getting unemployment compensation. There are also many self-employed individuals, ineligible for unemployment ...read more


Slow Growth or Contraction

Oct 27th, 2010 | By | Category: Featured, Macro Economics
The economy is either growing slowly, or contracting. Housing is probably going down. Remember, Mr. Market has to destroy the idea that “housing always goes up.” When he’s finished people will think that “housing never goes up.” Unemployment? People are gradually beginning to realize that the last ten years were the worst ...read more


Oil Spill Just the Beginning of Florida’s Troubles

Aug 18th, 2010 | By | Category: Economics, Featured
Media coverage of the oil spill’s effect on the Gulf focusing on tourist income lost by the waterfront towns – with footage of empty beaches, restaurants and T-shirt shops – dominates the news. Interviews with devastated business owners are heart rending. But they always end with references to somehow hanging ...read more


Recession, Texas Style

Apr 28th, 2010 | By | Category: Featured, Morning Whiskey
We Texans pride ourselves on everything being bigger and better, but the definition of a "better" depression is a smaller, lighter one. I wrote months ago about how Texas was last into the Depression and has been hit less hard than most areas. At that time, only Brownsville, on the ...read more


Next Up: The No-Jobs Bill

Feb 22nd, 2010 | By | Category: Featured, Morning Whiskey
Last July while many of us were in Vancouver attending the Agora Financial Symposium, the Congress of the USA passed yet another increase in the mandatory Minimum Wage. I wrote about it at the time (see Why Minimum Wage Means Maximum Slavery). In that article, I pointed out that as the ...read more


The Jobless Recovery, So Called

Oct 19th, 2009 | By | Category: Featured, Morning Whiskey
Agora Financial's Founding Father Bill Bonner, writing in his Daily Reckoning, says there are approximately 131 M jobs in the USA. Justice Little, Editor of Taipan Daily, also out of the AF stable, says that 26 M jobs have been lost. The Federal Government says that the unemployment rate is 9.8%.  Traditional ...read more


Recovery and Jobs; Where’s the Next Bubble?

Sep 7th, 2009 | By | Category: Featured, Investing Strategies, Macro Economics
The phrase, “surviving a game show” just became more serious. According to USA Today — I know, not the most hard-hitting rag out there — contestants on shows like America’s Got Talent and Deal or No Deal have undergone a dramatic change in the past year. Instead of dreaming of building a ...read more