Economy

Two stories on the same Manpower employment report: Hiring Outlook Bright For 2006 - CBS NewsNew year job market bleak - NewsdayI like the opening to the Newsday article: Waiting for January to find a new job? It might not happen even then. If you need a job, you might not want to just sit around for a month waiting for one to fall in your lap, because as Newsday so insightfully points out, it…

The latest issue of Newsweek featured an almost 4,000 word article – written by Evan Thomas and Richard Wolffe, with assistance from Holly Bailey, Daniel Klaidman, Eleanor Clift, Michael Hirsh and John Barry – that painted a pretty bleak picture of President Bush as possibly being “the most isolated president in modern history.” The authors referred to Bush as being in a “bubble” that blocks out…

A recent report  published by the Gallup Organization stated: “a majority of U.S. investors continue to describe the current economy as being ‘in a slowdown’ or ‘recession’ as opposed to being ‘in a recovery’ or ‘sustained expansion.’” Regardless of continuously strong economic reports, such bearish assessments have been regularly portrayed by public opinion polls for several years. During this…

“I know, Dan, the President’s giving a speech on the economy coming up, but there are people, including Alan Greenspan of the Fed, and also the GAO, the top auditor in the country, who have said with these deficits, these mounting deficits, it is simply hard to look at this economy as anything but on thin ice, no matter what. No new taxes?” -- Good Morning America's Diane Sawyer to Dan Bartlett,…

The media’s pessimistic holiday shopping forecasts fail to register with reality.Don't miss my latest at the Free Market Project:  Contrary to the media’s pessimistic forecasts for the Christmas shopping season reported by the Free Market Project in late October, strong retail sales this Thanksgiving weekend got the annual end-of-the-year buying bonanza off to a bang. In fact, the economic data…