In This Crisis, Government Spending Isn't Likely to Do Us in -- But Private Savings Might.
Snippet: In a crisis, the ratio of public debt to GDP must rise.



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Krugman: We're Headed Right Back To The 1930s
Snippet: Paul Krugman says that the jobs report confirms that we're plunging right back toward another Great Depression.



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Why Are Employment Numbers So Bad?
Snippet: While GDP has hardly surprised me, I did not anticipate last fall that employment would get so low. Even with the benefit of hindsight, I am not sure I see a complete explanation.


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Friday Outlook: Game Over
Snippet: Maybe over the weekend investors will forget about the sting of today’s drop as no doubt the powers that be will roll-out their spokesmen to cheer everyone up...


Wall Street Still Near Full-Employment: How Can That Be?
Snippet: Why hasn't the crash devastated employment on Wall Street? One big reason is that we put the entire sector on welfare.


Oh, So Now There Are No Green Shoots?
Snippet: By now you know the non-farm payrolls report came out and the job loss for June was worse than expected. Fortunately the weekly jobless claims number stunk too


The Scariest Jobs Chart Ever
Snippet: The chart below, from Calculated Risk, shows the percentage decline in jobs from peak employment in all the recessions since World War 2.


Hey, Look, The Stress Tests Really Weren't Stressful Enough
Snippet: The larger story here, unfortunately, is that the Obama administration continues to blow its credibility on the economy. By being too optimistic from the get-go...


Socialism: Should Investors Panic?
Snippet: Those who raise the socialism boogeyman as a way to frighten investors either don't know the data or are intentionally misleading them.



Jobs Report: A Blow to Optimism
Snippet: A dismal June jobs report offers few, if any, "green shoots." Will a soft labor market slow a recovery?


Barron’s Confidence Index Indicates Bottoming for Equities
Snippet: This Index is calculated by dividing the average yield on high-grade bonds by the average yield on intermediy between the yields is


The Recession by the Numbers
Snippet: How consumers and companies alike leveraged themselves to the max, leading to a boom and a bust.


A Timeline of the Financial Meltdown
Snippet: In the days following September 11, 2001, Federal Reserve Chairman Alan Greenspan worried the tragedy would send shockwaves through the economy, which was already in a recession, following the burst of the technology stock bubble.