Written by John Lounsbury and Steven Hansen The New York Times this week posted Consumers Unlikely to Rekindle the Recovery. To “prove” their point they presented three nasty but unfortunately correct graphics.
Tag Archives: Joe Sixpack
Joe Sixpack’s Recession – Part II
Written by Steven Hansen Last week I presented a picture of Joe’s portion of the economy being in a recession. Richjoy403 wondered: ….. do you suppose there could be relevant factors affecting Joe’s ‘world’ that are not reflected in your charts? My answer is absolutely there are both good and bad factors which are not …
Joe Sixpack’s Economy Is Already in a Recession
Written by Steven Hansen It comes as no surprise to me that many believe we are in a recession. Joe Sixpack’s portion of the economy sucks (e.g. not good, for those who are uncertain what “sucks” means). The metric used to gauge economic growth by APP (Academics, Pundits and Politicos) is GDP (Gross Domestic Product). …
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Leading Economic Index Upward Movement Continues
The Leading Economic Index is measuring the economic gains for the rich – and is not measuring well the real economy of Joe Sixpack.
Is it Possible the Jobs Cavalry Will Ride to the Rescue?
There are growing pains in the economy (employment, housing and personal income) and Joe Sixpack is at the center of all the pain.