Small Business Optimism Dips Third Month; Business Owners Cite Lack of Customers, Inflation as Problems; Keynesian Claptrap from Summers

In spite of all the yapping about banks not lending to small businesses, only 8% of businesses report getting loans is a problem. In contrast 25% say getting customers is the number one problem. An increasing number of owners cite rising inflation as a problem. Please consider Small business Optimism Dips Lower in May The [...]

Bernanke's Self-Serving Bold-Faced Lies

Inquiring minds are reading Bernanke's blatantly self-serving speech including some bold lies regarding the U.S. Economic Outlook. I can condense Bernanke's speech down to a single paragraph. An interesting set of word cloud images follows this summation. Blah, blah, blah brief update. Economic growth slower than expected. Blah, Blah, uneven across sectors and frustratingly slow, [...]

© 2012 Global Economic Trend Analysis Suffusion theme by Sayontan Sinha