Tag Archives: Great Recession

It’s 1931

I channel Dow Jones Market Talk, which channels Brad DeLong, who channels Rogoff, Reinhart, and Krugman. MARKET TALK: It’s 1931 DOW JONES NEWSWIRES 5:20 (Dow Jones) “I have been complaining for some time now that Reinhart and Rogoff think that … Continue reading

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Bad News: Government Handouts Make Up 35% of All Wages

This is much worse than I thought.  http://www.cnbc.com/id/41969508 Even as the economy has recovered, social welfare benefits make up 35 percent of wages and salaries this year, up from 21 percent in 2000 and 10 percent in 1960, according to … Continue reading

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