June 06, 2011

Double dipping

Lots of people have been talking about the disappointing job numbers released late last week. The private sector added only around 54,000 jobs, even while governments at various levels are laying people off.

Deficit mania, which has taken precedence over job creation, could well lead us back to a double dip recession. As many people have noted, something similar happened in 1937, when FDR cut back on public spending and wound up prolonging the Depression by several years.

THIS IS SWEET. Ayn Rand groupie Paul Ryan, would be executioner of Medicare, is getting some pushback from religious groups.

DESTROYING MEDICARE in order to "save" it.

MASSEYLAND. Ken Ward takes a hard look at Massey Energy's board of directors here.

MARCHING TO BLAIR. I hope nobody gets hurt this week.

WAXING ROMANTIC. Here's the latest edition of the Rev. Jim Lewis' Notes from Under the Fig Tree.

THE MAGIC NUMBER for friends may be 150.

GOAT ROPE ADVISORY LEVEL: ELEVATED

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