Economics and You
Wednesday, August 5th, 2009Global Insight, an economic analysis company, released a new study predicting Montana will return to pre-recession job levels by 2011. Here’s a quote from their web site, “A cookie is a very small text file placed on your hard drive by a Web Page server.” Obviously, these people mean business! As kids, they probably knew their multiplication tables forwards and backwards. It just makes me sick.
The study also predicts Montana will come out of the recession with the 5th-lowest job loss among the U.S. states right behind Guam. Governor Brian Schweitzer said, “It’s an educated guess, but it’s the best we have to work with right now.” Statements like that really make my antiperspirant work. How about you?
It seems that these days the economy is on everyone’s minds. Not that we truly understand it. I’m still baffled by the Feds shelling out billons in the “Cash for Clunkers” program. Where does this money come from? Does it get delivered via parcel post? How long does it take the ink to dry after printing? Is a penny saved really a penny earned? These are tough questions about a complex subject.
Some folks envision the economy as a living, demonic creature capable of rearing its ugly head and sucking their investment portfolio dry. These saps wear knit wool hats in the summertime – they just aren’t very bright. Set an economy on a kitchen counter by a warm slice of pecan pie and it’ll just sit there – even if you prodded it with a spatula. (more…)