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

You searched for: label/Auto bailout

Retail Sales

…February experience was repeated. Also note that in March auto sales actually fell from 13.4 to 13.1 million(SAAR) — a 2.2% drop. In January the deflator for GAFO– department store…

Thoughts on Detroit

auto companies to rampant corruption. For almost 40 years corruption has been well known and wide spread. In recent years, the administration of former Mayor Kwame Kilpatrick made corruption so…

Employment situation

…real incomes. The weakness in average weekly earnings calls into question the sustainability of the recent rebound in real retail sales. In November, for example auto and light trucks sales…

Credit: A Vicious Spiral

…soon, we may require a generation to get totally out of the cycle. There will likely be more subprime credit available, at higher rates. Some retailers (such as auto makers)…

INDUSTRIAL PRODUCTION

…and gas production. The slowdown was widespread as output of oil dirlling and the information technology sectors both fell. About the only increase was an expansion of auto and light…

Clinical Trial Ethics

…and dying. However, if any reader has malignant melanoma with metasteses but no metasteces to the brain or heart and no history of auto-immune diseases, I personally can arrange participation…