The economy continues to tank with Caterpillar announcing more layoffs today. In response to deteriorating business conditions, Caterpillar Inc., the world's largest maker of mining and construction equipment, disclosed nearly 20,000 job cuts, most of which already have been made. They include 5,000 new layoffs of white collar workers, which will occur globally by the […]
This graph of the United States' adjusted monetary base comes courtesy of the St. Louis Fed: Wow. Just wow. Can you say inflation? Stagflation?
I've noted before that the Republican Study Committee has a lot of good ideas on providing the economy a needed kick-start. Some conservative commentators have also suggested cutting the payroll tax -- something that would be felt by rich and poor alike and would also help businesses to keep employing workers. Unfortunately, it doesn't look […]
The Washington Post's Anne E. Kornblut has a hysterical article about women unable to break through the proverbial glass ceiling. I know, you think this is an old article about either: a) Hillary Rodham Clinton's failure to win the Democratic Party's nomination for president, or b) John McCain failing to win the presidency with Gov. […]