Professor Mark J. Perry's Blog for Economics and Finance
Posted 11:19 AM Post Link
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The economy may be depressing, but the ongoing Gong Show courtesy of the GOP dunceworks is low comedy. Eat well today, and laugh, and ponder a Fed that talks about inflation when the CPI, PPI and unit labor costs are all down at leanest reading, and 9 percent are unemployed, and we are 13 percent below trend on GDP growth.But we have whipped the Great Satan, inflation. And showed some rag heads in the Central Boofoo-istan hinterlands that for $4 trillion, we can fight them to a standstill.Happy Thanksgiving!
"Benji",In your world there is no Thanksgiving, since every day is February 2cd, Groundhog Day, with you repeating the same nonsense over and over again.
I'd like to short Ron Paul.
who actually cares....not about Cain or Perry or whatever? but about INTRADE itself?What a waste of bandwidth/money!So I can "invest" money on the possibility, or not, that the US or Israel is going to bomb Iran??What is the point? What happened to the notion that capital is invested in more means of production and that's a benefit to ALL?And people wonder why we have an OWS!
So I shouldn't be "investing" my money in clothes either, since they are not a means of production? Music? Ice cream? Oh boy...
Hmmm, Intrade and the base of the active conservative voting blocks...Do they cross in any sort of meaningful numbers?
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Dr. Mark J. Perry is a professor of economics and finance in the School of Management at the Flint campus of the University of Michigan.
Perry holds two graduate degrees in economics (M.A. and Ph.D.) from George Mason University near Washington, D.C. In addition, he holds an MBA degree in finance from the Curtis L. Carlson School of Management at the University of Minnesota. In addition to a faculty appointment at the University of Michigan-Flint, Perry is also a visiting scholar at The American Enterprise Institute in Washington, D.C.
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