Arnold’s Ramblings will be taking the next two weeks off for the holidays, we’ll be back as usual the week of January 5th with all new and stimulating commentary direct from Arnold.
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Archive for December, 2008
Why The U.S. Is In A Recession, Not A Depression, The Auto Bailout, Debt Is Evil, Economic ForecastingTuesday, December 16th, 2008
Apparently I was not clear last week in my comments regarding the possibility that we are in a depression or are headed for a depression. First, I do not believe that we are headed into a depression, but a very long and deep recession. Secondly, while I watch (and listen) to the talking heads telling […]
Is The U.S. In Another Great Depression? Republicans Take The Last Two Congressional Races, Our Awful Economy, Economic ForecastingTuesday, December 9th, 2008
I have spent the past several weeks thinking about our economic situation. Are we, as the media contend, in another Great Depression? And if so, what was so great about the Depression? Let us start with the first question: We are NOT in another Great Depression. But, if Federal Reserve policy and US Government policy […]