Paulitical Economy™
A snapshot of what’s going on in the world’s economy.
Paulitical Economy™
Post 365: Home Sizes Shrink as Their Prices Soar And Spirit Soars No More
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Paul Musson
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- Home Depot is still experiencing slow growth due to consumer uncertainty and normal interest rates.
- Spirit Airlines goes bankrupt.
- No taxpayer rescue.
- Prices of Kimberly-Clark products are falling and volume is rising.
- There are many apologists out there for soaring home prices i.e. those who own houses.
- But no, increasing home sizes do not justify higher home prices.
- And home sizes have been falling over the last ten years.
- But no, increasing home sizes do not justify higher home prices.
- Financial Ructions
- The driver of Canada’s GDP growth has been government spending.
- And investment has been weak.
- Which does not bode well for our economy’s future productive capacity.
- And investment has been weak.
- The driver of Canada’s GDP growth has been government spending.
- Book Review
- In the next two chapters of George Selgin’s False Dawn we see that:
- Herber Hoover was much very much a Keynesian while Franklin Roosevelt was not.
- And that the Roosevelt administration was extremely hostile to business.
- And thus the collapse of investment.
- In the next two chapters of George Selgin’s False Dawn we see that: