Daily Archive: Tuesday, August 3, 2010

Hanke on Greece

Hate to criticize someone proposing a payroll tax holiday- darn that Lerner’s law! A Big Bang for Greece There is a way out of the debt trap for Athens. By Stece H. Hanke June 30 (WSJ) — How did Greece get into the death spiral that it’s in? Unfunded entitlements. In other ...Read More

ISM/Bernanke

I tend to agree with Karim and Fed Chairman Bernanke. Modestly improving GDP growth with unemployment coming down very gradually until a consumer credit expansion takes hold. Good for stocks, not so good for most of the people still struggling to survive, as the Obama administration continues to preside over what might ...Read More