Comments for Sky Dancing in a Man's World

Comment on Did he come to bury or praise Suppy-Side Economics? by dakinikat

dakinikat — Sat, 17 Oct 2009 19:14:53 +0000

th e dollar is a means of exchange, store of value, and a unit of account … it is its functions not its content and if it functions it’s all good … when it loses its ability to function … it’s all bad

Comment on Did he come to bury or praise Suppy-Side Economics? by rawdawgbuffalo

rawdawgbuffalo — Fri, 16 Oct 2009 19:24:56 +0000

so in other words the dollar is just ink and paper

Comment on Death by Bubble by dakinikat

dakinikat — Tue, 13 Oct 2009 01:35:17 +0000

yeah, that’s what I really afraid of …

Comment on Death by Bubble by mgreenwood

mgreenwood — Sat, 10 Oct 2009 23:18:59 +0000

You know, the financial institutions are not going to put up with regulation from any government, let alone the current US one.

If you look at Obama’s top contributors to his election campaign, you see Goldman Sachs, Citigroup and JP Morgan Chase. The members of these institutions that contributed obviously are going to want a return on their investment and I don’t think regulation is in their plans. If Obama is looking to be reelected, he’s going to need money from these companies again and so he’s not going to annoy them.

(for the full list see here http://www.opensecrets.org/pres08/contrib.php?cycle=2008&cid=N00009638)

Comment on A Dismal Labor Market by BloggerDude

BloggerDude — Fri, 09 Oct 2009 02:03:19 +0000

I don’t know If I said it already but …Hey good stuff…keep up the good work! I read a lot of blogs on a daily basis and for the most part, people lack substance but, I just wanted to make a quick comment to say I’m glad I found your blog. Thanks,)

A definite great read….

Comment on Keith Olbermann is a BOOB (open thread) by Cynthia

Cynthia — Thu, 08 Oct 2009 16:15:03 +0000

keith is a lil special LOL

Comment on A Dismal Labor Market by mgreenwood

mgreenwood — Fri, 02 Oct 2009 17:18:56 +0000

You know, I thought about it a bit more after I posted and realised that that was a pretty simplistic view, although it may explain the underlying increase. And I suppose it’ll only get worse with people retiring at a later age, or being forced to by a poor economic climate. Actually, that being the case, would you expect to see the unemployment rate top out at the 1980s level? Cos looking at the graph it seems to be turning and you usually get a steep 2% decrease pretty soon after a recession.

And yes, I really should write more often. I have been keeping track of your blog though, it’s one of my homepages.

Comment on A Dismal Labor Market by dakinikat

dakinikat — Fri, 02 Oct 2009 14:31:14 +0000

Yup, part of the 1970s unemployment was due to increased labor market participation of women and the entrance of baby boomers. Technology can cut both ways, in the 1990s it actually made workers more productive (microcomputers) and so gave workers an advantage. Robotics or globalization that sends jobs elsewhere can do the opposite. Demographics are a huge part of the underlying structural rate!

(good to see you!!!! write your american mom more often!!!)

Comment on A Dismal Labor Market by mgreenwood

mgreenwood — Wed, 30 Sep 2009 01:20:52 +0000

Not being an economist, I dunno whether I’m qualified to make any comments, but isn’t the upward trend due to population growth and automation? You have more people who need jobs, but you need less people to do those jobs because of robotics, computers, etc. Where I work we had redundancies about 5 months ago and got rid of some a good portion of the production staff, but seem to still get out the same amount of product.
Education seems to be a good career choice in a recession though.

Comment on Bloggers Under the Bus and Over the Rainbow by Joanelle

Joanelle — Mon, 28 Sep 2009 17:02:43 +0000

I didn’t get a chance to read this when you first posted it at TC, Dak – I fell last week and have been pretty much “laid up” – so I’m just getting back to “normality” whatever that may be.

I did not see this post aimed at any particular gender – or even group except those “not nice” folks.

This post is great – it gets to the heart of some of the craziness that we’ve seen evolve in the last few months.