It looks like all the hoping by the Democrats in Denver for a recession are being dashed. In the second quarter the U.S. Economy grew by 3.3%. The economy shifted to a higher gear in the spring, growing at its fastest pace in nearly a year as foreign buyers snapped up U.S. exports and tax rebates spurred shoppers at home.…Read More »
What are your thoughts on the minimum wage? Would you be upset to hear about a company – a for profit company – that pays less than minimum wage? What if I told you I knew of a company that appears to not be paying minimum wage, would you complain to the company? I’ll let you know the company… after…Read More »
It appears the U.S. Economy still endures, growing by a 1.9% annual rate in the 2nd quarter of the year. While the economy actually contracted in the last quarter of 2007 (by -0.2%, pff!), this marks the second quarter of growth, albeit slow growth, in 2008. Economic growth picked up in the second quarter as tax rebates energized consumers and…Read More »
(An interesting discussion regarding what Americans are used to (growth at 3-5% a year since Reagan) and what Europe has been used to (1-3% growth a year for the last 30 years) in terms of economic activity.
1% annual growth isn’t great, but it is NOT a depression, nor are we even in a recession.
Phil Gram was right. We…
( – promoted by Cool Cal) All day Wednesday, the Fox News Channel was repeating some poll in which around 45% of Americans believed we are in a recession. It’s not like the signs aren’t all around us. While Neil Cavuto reminded fact-challenged, Clinton operative Lanny Davis that 95% of homeowners are indeed paying their mortgages on time, Davis continued…Read More »