Originally posted on USNews

 

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Earlier I posted a summary of the jobs proposals President Obama laid out this morning at the Brookings Institution. Here are a few, still-preliminary thoughts. Since this will be the initial defining address on one of the issues that defines the economy today and will be a massive upcoming legislative debate, it’s worth looking at from a few angles... 

Image: SBResources President Obama announced yesterday that he will freeze non-military discretionary spending for three years. It’s mostly a political move, but what does it mean for the economy? The Atlantic has some good answers: The key fact is that non-military discretionary spending today is about 25 percent of the budget. Freezing... 

Economists are predicting that a coming wave of commercial real estate defaults will be the next problem facing the US economy. From imarketnews.com: The coming wave of commercial real estate loan defaults will likely limit the flow of credit to small businesses and extend the “jobless recovery,” an economist with Grubb & Ellis Co... 

We all need leaders in our lives: mentors, people to look up to, people that simply get it. Leaders inspire us, help us accomplish our dreams, and teach by example. Leaders make us better people and give us an ideal to strive for. The measure of leadership is always influence; leaders have an amazing ability to influence our lives. Leaders lead... 

Leaders aren’t necessarily special . They don’t wear a halo and they certainly don’t glow in the dark. Leaders are just the individuals who are further along the path that you’re traveling. Because leaders have traveled the path successfully, they are able to provide insights into the journey so by absorbing the lessons they have learned,... 

The wheels of the November election are already turning in California, and the results of this election could dramatically affect the green economy. California is one of the leaders in the green/clean teach industry, but now Proposition 23 threatens to sabotage this growing sector. The fall out could affect not only California, but the world green... 

The base of the GOP represents a flight from economic reality.  Read More →

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