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Ekosj's Posts

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As per a recent TED Talk by author Anand Giridharadas, I am part of the problem. “If you live near a Whole Foods. If no relative of yours serves in the military; If you’re paid by the year, not the hour; If no one you know uses meth; If you married once and remain married; If […]

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Today’s economic surprize was the revision to 3rd quarter GDP. It showed a surprising growth rate of 5%. Personal consumption was the key driver of the surge in GDP. So, what did Americans unexpectedly spend so much on? Cars, airplanes, food, clothing? Nope. HEALTHCARE!!!! http://www.bea.gov/newsreleases/national/gdp/2014/tech3q14_3rd.htm Preview Open

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Today’s report of 5.9% unemployment is being greeted as an historic achievement. Is it really? Like many things in life, it depends how you got there. In this case, how we got there is NOT entirely encouraging. The unemployment rate is calculated from the Bureau of Labor Statistics’ Household Survey. The BLS Household Survey released […]

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Ekosj

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