More cheery economic news today: *” Not only has the unemployment rate risen sharply to 7.2%, but the number of workers only able to find part time jobs (or have had their hours cut for economic reasons) is now over 8 million. “Of course the U.S. population is significantly larger today (about 305 million) than […]
DougJ has been a Balloon Juice writer since 2009.
Entries by DougJ
Following up on John’s slanted take on the Pailn mockumentary, this should be a slap in the face to those of you who doubted Palin’s wit and authenticity: Conservatives will be thrilled to know that she immediately “got” and seemed to fully appreciate my joke that Pete Wilson (and not Arnold Schwarzenegger) would go down […]
I’ve got an idea for a new feature here. Compare a really stupid statement/post from wingnuttia with a really stupid one from the PUMAsphere, then debate which is stupider. For our PUMA entry, let’s start with the “PUMAs are the new Jews” thing John alluded to earlier (from NoIQ, natch): Is puma the new jew […]
More specifically, it’s our government’s securities: THE BIGGEST INVESTMENT BUBBLE TODAY may involve one of the safest asset classes: U.S. Treasuries. Yields have plunged to some of the lowest levels since the 1940s as investors, fearful of a sustained global economic downturn and potential deflation, have rushed to purchase government-issued debt. The market also has […]
Perry Bacon today during an online chat: Rochester, N.Y.: BlagoGate, BurrisGate, CommerceGate, PanettaGate….is is too early to declare the Obama presidency a scandal-ridden failure? Perry Bacon: In a word, yes. We’ve made a big deal of the Commerce flub for instance, but how many people,even in Washington, could name the current Commerce Secretary? (Carlos M. […]