Economic Conditions

Ghost of Tom Joad

November 12, 2014 Economics

Somehow the “The Ghost of Tom Joad” feels timely. Bruce Springsteen and the E Street Band with Tom Morello at Madison Square Garden in NYC, October, 2009.

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Life Amongst the 47 Percent

September 19, 2012 Economics

Mac McClelland, of Mother Jones, visits her father, a college friend, and others in Ohio’s War on the Middle Class, “Wherein I go home, watch public servants get axed, visit the warehouse of unbearable sorrow, hang with jobless thirty somethings living in abandoned homes, and consider whether my generation is flat-out screwed.” I’d forgotten that […]

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A Nation in Decline? Commentary by Ed Luce

April 20, 2012 Economics

I’m excerpting liberally below, but you should still consider reading the original. This is a conversation that goes beyond the conventional and superficial. It’s not fun and it’s not optimistic, but if you believe that the first step required in dealing with challenges is to learn and think realistically about them, then this is worth […]

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GASB Proposal to Require State & Local Governments to do Five Year Cash Flow Projections

December 19, 2011 Cash

Thanks to Lisa Henty, from the Orange County, NC Budget Office, for reminding us that the Government Accounting Standards Board (GASB) is seeking public comment on a Preliminary Views proposing that state and local governments prepare financial projections to better present their economic conditions. From the December 6, 2011, GASB press release: The GASB is […]

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