Economics

Kevin on June 10th, 2009

These days you would think political math involved numbers in the billions, if not trillions. A really cool blog called Political Math is here to make things easy to understand. Obama was all about change afterall, so here they go explaining his promises about the Stimulus Plan versus The Reality.

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Jim Pethokoukis returned last night to talk about his move from US News & World Report to Reuters and the big initiatives that make up Obamanomics. Jim’s Political Risk blog can be found here. Jim was on a roll tonight, he managed to get off a great line that could only come from a former […]

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Kevin on May 18th, 2009

In the new issue of The New Republic Michael Lewis has a long, entertaining review of Alice Schroeder’s The Snowball: Warren Buffett and the business of life. There is now a long shelf of books about Warren Buffett, but this is the first time he has gone to any trouble to add to it. Reportedly […]

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Kevin on April 22nd, 2009

First, White House Senior Adviser David Axelrod referred to the Tea Party protests as “an element of disaffection that can mutate into something unhealthy.” Really? Will angrry taxpeayers end up on a Homeland Security watchlist or something? Obama must have been trying to prevent some “unhealthy mutaton” from taking place, so he tried to assuage […]

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He’s being schooled all right…. February 11, 2009 Obama: Caterpillar will rehire if stimulus passes Tuesday March 17, 2009 Caterpillar lays off 2,454 workers in 3 states PITTSBURGH (AP) — Caterpillar Inc. announced a fresh round of job cuts Tuesday, laying off more than 2,400 employees at five plants in Illinois, Indiana and Georgia as […]

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Kevin on March 5th, 2009

For you visual learners out there, from PageTutor, This pile is $1 million dollars (100 packets of $10,000) Here is $1 Billion And finally, here is what $1 Trillion looks like. BTW, those pallets are double stacked! Pretty soon, you’re talking about real money!

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