Browsing All posts tagged under »Unemployment«

Ocean City And America, Fall 2010

September 21, 2010


The trip isn’t over till it’s over . . .  And I’m not sure it’s ever over . . . Ocean City Summer Turns Into Fall The 2010 season is just about done in Ocean City. Delmarvelous Bike Week finished it off with a roar. The bikers are gone . . . and they left […]

'Depression Amidst The Fun' — See Lost On The Shore

March 4, 2010


I want to call your attention to a very though-provoking article on the state of the Worcester County economy over at Lost On The Shore, which is one of Maryland’s best political blogs. <a href="">Blogitti<⁄a> The post is entitled “Depression Amidst The Fun,” and as you might gather from the title, it paints a gloomy […]

U.S. Political And Economic Crisis: Thoughts for a Snowy Weekend

February 6, 2010


As long as we’re all snowed in, we might as well use some of the time to think about our economic and political predicament  in the U.S. Jon Taplin has just written a very important post entitled “Men At Work.” I guarantee it will generate 40 or more comments from Mr. Taplin’s large community of […]

Hard Times, Part 2: The Double-Dip Recession

February 4, 2010


I think the second dip of the double-dip recession began this week. It’s hard to expect much, if any recovery in 2010 or 2011. Just my opinion. The worldwide stock sell-off might be only the beginning of another crisis. The financial story was Greece on Wednesday, Spain and Portugal on Thursday. It could be anywhere […]

Five Dismal Economic Indicators for 2010

December 29, 2009


The past two years have been punishing for businesses and consumers, probably the most painful years since the Great Depression. Things CAN ONLY IMPROVE in 2010, don’t you think? Not so fast. We yearn, in our heart of  hearts, to return to the comfortable status quo ante. Let the good times roll! Can’t we all […]

Continued Slow-Motion Implosion of America’s Hollow Economy

October 25, 2009


[picapp src=”0115/bfa4ded5-7f8c-4178-899a-f536d5f674a8.jpg?adImageId=6547791&imageId=119257″ width=”500″ height=”333″ /] Nobody can predict the future. But I have a hunch, so I might as well share it. I believe the United States economy has been so hollowed out that we will not return to the prosperity we were accustomed to in the latter part of the 20th Century. There is […]

Stupid Media Tricks (The Washington Post); And Blogging With Flair (Girl On The Brink)

October 13, 2009


The amazing implosion of the MSM (that’s mainstream media) continues. The Washington Post unveiled a new, dumbed-down version of its Sunday magazine a couple of weeks ago. More ads, less content. Don’t these newspaper guys get it? Don’t they understand that every redesign speeds up the downward death spiral. Last Sunday, The Post magazine featured […]

Rep. Frank Kratovil Votes Yes on Economic Stimulus

February 15, 2009


Rep. Frank Kratovil, the freshman Democratic congressman from the Eastern Shore, joined the team by voting with President Barack Obama and the overwhelming majority of Maryland’s congressional delegation to pass the economic stimulus package. The federal economic stimulus reportedly has the potential to create or save 66,000 jobs in Maryland over the next two years, […]

Snow in Ocean City; Budget Angst in State Capitals and City Halls

January 27, 2009


It’s snowing in Ocean City, Maryland, this morning, steady but not too hard. The temperature is shivering right around freezing. In Washington and New York, this is the winter of economic uncertainty. Nationwide, unemployment is spreading week by week. Unemployment may hit 10 percent by spring, which seems far away right now but really isn’t. […]

After The Banking Bailout, Can Congress Let GM Go Bankrupt?

November 16, 2008


We’re starting to see a pattern here, in the way the U.S. government responds to crisis situations. Consider: New Orleans — Hurricane Katrina assistance New York City — Wall Street bailout Detroit — Auto Industry collapse Is there a hint of classism in the magnitude and urgency of the government response, depending on the wealth and status […]