Tag: conventional wisdom
-
What did I mean by ‘value’?
At the end of my last post I talked about value. Specifically I said: In the mean time, the Council needs to think long and hard about their ideas of revenue, expenditures, long-term liabilities, rate and most importantly, value. …phrases used in this and previous budget negotiations are empty political rhetoric unless they include specific…
-
Still Suffering from the Bush Economy
The Labor Department announced today that 651,000 new unemployment claims were filed in February, raising the national unemployment rate to 8.1%. Unemployment has been on a steady rise since December of 2006. The stock market has lost 53% of it’s value since peaking at over 14000 in October of 2007. The FDIC reports that 43…