Archive for December, 2009

Good Riddance Lost Decade

Tuesday, December 29th, 2009

As far as decades go… I can not wait for this one to.

What started out as a time of incredible promise, ended as a 10 year epoch of loss- lost lives, security, trust and wealth. It all went very bad, very quickly. I say good riddance. (more…)

Listen For Improved Judgment

Monday, December 28th, 2009

2009 might well be remembered as the year of horrible judgment. Unfortunate examples abound.

Who can forget South Carolina Representative Joe Wilson’s ridiculous outburst of “you lie” during a September address to Congress by the President. Or Kayne West’s idiotic impromptu on-stage appearance interrupting a well deserved bit of recognition for Taylor Swift at the VMA awards. Then there’s the grandaddy of all bad judgment purveyors, Tiger Woods. (more…)

The New Employment Reality

Saturday, December 19th, 2009

We have heard for months that recovery in the employment market will lag the economic rebound. This position is well grounded historically, as we have seen this phenomenon time and again. Until recently, I believed that the current recovery would follow the same pattern. But now I am forced to utter those four words that we so often regret- it’s different this time. (more…)

Innovate To Differentiate

Tuesday, December 8th, 2009

As a long time football fan (of the currently dreadful Pittsburgh Steelers), I have heard the National Football League described as a “copycat” league. As soon as one team finds an offense or defense that is unique and successful, it is quickly imitated by every other team looking to replicate the success. True enough, but by no means unique. (more…)

Guns And Butter

Wednesday, December 2nd, 2009

I remember first hearing it as a freshman in my macroeconomics 100 level class in 1977. It was every bit as true in 1777 as it will be 100 years from now. Guns and butter. The economic trade off that every society faces. (more…)