Nice duds from Washington fail to fix Detroit jobs problem
An federal grant was supposed to buy decent clothes for 400 Detroit job seekers. How did that work out? Not too well.
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When big investors clamor for zero interest US bonds
Before the Occupy movement kicked the conventional narrative back into reality, we spent most of 2011 talking about the imaginary immediate threat of the dreaded deficit. That’s not to say we should never address eliminating it, but as I’ve said about a million times, the time to cut spending is not when the economy is … Continue Reading →
Speed 3: High-Speed Buses
There’s a new movie coming out, and it’s starring Gov. Rick Snyder. And really, though he is the billed star, the real sight to see is the high-speed bus flying from the flaming wreck that is Detroit, Michigan. Citing the fiscal situation in Detroit, Secretary of Transportation Ray LaHood makes the obvious even more obvious. … Continue Reading →