Economy

The Economy is like a Mexican Standoff

I was trying to find a way to describe the current U.S. economic situation simply, and what I came up with was a Mexican standoff. You could just call it a stalemate, except I when I think of a Mexican standoff I usually think of buffoonish characters, like those below. And that seems more accurate…

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The US Recession is Over–That’s a Fact, Not an Opinion

A week or so ago, the National Bureau of Economic Research (NBER) put out announcement stating that the recession had ended in June 2009. Subsequently, numerous articles were written with titles like, “For Many of Us, the Recession Lives On” and “Recession Not over for Most People.” Although I get the point that a lot…

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