Relevant and even prescient commentary on news, politics and the economy.

You searched for: another look

The President’s Speech

…– as a government or as a people. I say this not to lay blame or look backwards, but because it is only by understanding how we arrived at this…

Capacity Utilization

…idle waiting for demand to appear. If you look at the chart of capacity utilization it shows a downward trend of generally lower highs and lower lows across time. For…

Recent Investment Growth in Historical Context

…make. We see the same lack of prima facie evidence looking at the time-series data. The following picture shows the annual growth rate of private fixed nonresidential investment – i.e.,…