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Is Unemployment Really Down or Just A Fairy Tale ? A Lesson About Economic Reports & Media Tactics.

Richard Penney February 6, 2012
English: United States mean duration of unempl...

So, there was a big ol’ celebration last week among the political class and the media.  It was all over the headlines. 8.3%…8.3%…unemployment is down to 8.3%!! President Obama was [...]

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Economy, Politics & Government, The Media - Tags: Barack Obama, mainstream media, the media, unemployment, United States Department of Labor

A True Story of a Headline and a Black Sheep

Richard Penney February 3, 2012
Obama,Pelosi - 8.3% unemployment

  Here’s a true story.  This morning I sat down to check out what was happening in the world.  I was checking some of my favorite websites and was checking [...]

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Economy, The Media

Was Winston Churchill Right About Americans?

Richard Penney January 6, 2012
Winston Churchill (1874 – 1965)

Americans are frequently engaged in discussions about the direction of their country and what can be done to fix the problems.   People who see the political system, the monetary system [...]

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Economy, Society - Tags: culture, economy, quotes, United States, Winston Churchill

When The Bread and Circuses Are Gone In America

Richard Penney January 3, 2012
Circus

Many Americans simply do not want to face reality.  America is going broke.  America has some some fundamental problems that have resulted in serious negative consequences to the people who [...]

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Economy, Pop Culture, Society - Tags: Bread and circuses, Juvenal, United States

What Is A Nobel Prize in Economics Worth These Days?

Richard Penney December 19, 2011

People debate all sorts of topics in the world of economics.  Often in these debates, it will come to some kind of gridlock or standstill.  That’s when it happens.  Someone [...]

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Economy - Tags: Economic, economy, Nobel Memorial Prize in Economic Sciences, Nobel Prize

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