Tag Archives: labor participation rate

Our Sick Economy

  Dear Friends, It seems to me, when someone is coming down with an illness, initially the signs are slight and not too bad, later when the symptoms become worse they can be alleviated by aspirin and other medications, the … Continue reading

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CEO Pay

Dear Friends, It seems to me, a painter who charged for paint but used white wash, a drywaller who put up cardboard instead of sheetrock and a paver who used clay slurry instead of asphalt, would not deserve a huge … Continue reading

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Today’s Federal Reserve Meeting

  Dear Friends,   It seems to me, economists have been predicting three plus percent GDP growth since Obama came into office, and all their predictions have been wrong. The US GDP has stagnated for over five years despite the … Continue reading

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The Law of the Magnification of Jobs Due to Labor Saving Devices

Dear Friends,   It seems to me, there should be a law of economics called, The Law of Magnification of jobs due to Labor Saving Devices. In my conception of it, when new technology is added to an economy, jobs … Continue reading

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