Tag Archives: recession

So glad for so little

Posted on February 17, 2014 by jackgoldstone

So this is what is has come to: anything other than outright recession is cause for rejoicing! Here is one triumphant quote: “The eurozone’s recovery has moved up a gear,” said Chris Williamson, chief economist of Markit. “Not only has … Continue reading →

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Pessimism, Refreshed

Posted on September 6, 2013 by jackgoldstone

Readers of this blog know that I have been skeptical of the recent enthusiasm, buoyed by a few scattered bits of positive data, about the prospects that the developed nations have entered a vigorous recovery.  I can only guess that … Continue reading →

Posted in The Global Economy, U.S. Politics | Tagged , , , | 1 Comment

Told you so

Posted on April 5, 2013 by jackgoldstone

The job figures out of Washington today were a mixed but mostly very sad story.  There were upward revisions in the January and February hiring numbers, and construction employment remained strong (houses being built on unfounded optimism of a major housing … Continue reading →

Posted in The Global Economy, U.S. Politics | Tagged , , , | 1 Comment