Funny, you’d think Wally Piper’s classic children’s book, The Little Engine That Could, would have been a rich source for cartoon metaphors, but I’m pretty sure this is the first time I’ve ever used it. The tragic oddity of the economic recovery now well underway is how few people are yet benefitting from it. Wall [...]

Great news. The Dow Jones Industrial Average reached its 52-week high the other day. The economy continues to show signs of recovering from the worst recession since the Great Depression. But where are the jobs? How many years will it take to absorb the massive numbers of unemployed, not to mention the new high school [...]

I find it amusing that every bit of good news about the economy seems to be that it’s bad, but just not as bad as it was before, or less bad than expected. If economists and newscasters were truly telling it like it is, it would sound like this. Oddly, even though every kid over [...]

We’re starting to see some signs that the Great Recession may be abating. Or, at least, that the beginning of the end may be almost in sight. Or that we’re almost nearly at the very bottom, after which the beginning of the start of the end may be starting to happen. Or that, well, you [...]

Goldman Sachs has recovered quite nicely from the recession they helped create. They’ve paid back the bailout money already, and freed from the strings that came with it, they’re rewarding themselves for their business prowess with executive compensation above pre-crash levels. How did they do it? By being smarter than the other banks. Oh, it’s [...]

Every day, it seems, I hear that there are signs that the recession has bottomed out, that things are beginning to turn around, that the second half of the year will see the turnaround, and then the very next day a new bit of economic data dashes those hopes. Two days later the whole cycle [...]