05/12/16

Recovery? Won’t Get Fooled Again

Recovery. Talking recovery today.

Big Red Car here. I’m vexed. People think that the economy is doing fine or, worse, that it is headed in the right direction. It is not.

Let me tell you why. First, say: STRUCTURAL CHANGES to the ugly face of employment.

There are four things we need to look at: total unemployment, unemployment for 25-54 year olds, the Labor Force Participation Rate for the same 25-54 year olds, and Employment-to-Population ratio for the same 25-54 year olds.

So, the hypothesis of this post is this — while America has been engaged in the weakest recession recovery dynamic in the history of the United States, the job market and the structure of our employment force has changed STRUCTURALLY.

A historic example of something like this was the wholesale introduction of women into the work force in the early 1980s. It changed things. Forever.

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08/26/15

Let’s Cut the Crap — the Economy Sucks

Big Red Car here. Going to be a great day in the ATX, as usual. How many days until Longhorn football?

You do the math, dear reader. The Horns play Notre Dame in South Bend (Touchdown Jesus, y’all!) on 5 September. The game is on NBC and starts at 6:30 EST.

So, the economy? What is going on with the economy?

The economy is not good, y’all, but you wouldn’t know that if you listened to the folks in the White House who are spiking the ball and touting their success in growing the economy.

Let’s cut the crap about the economy and get into some facts. Continue reading

02/9/15

Raising Taxes, A Presidential Thing

Big Red Car here in the ATX which is enjoying some convertible weather. I am headed out to the Hill Country this afternoon and why not?

Folks up north, please don’t hate me — the azaleas will be blooming in about five weeks here in Texas. Always coincides with Spring Break.

So The Boss has been digging into the issue of taxes. Taxes are an important consideration for those in the startup business as they hope to ultimately monetize their work and investment. In the course of doing this they will likely be subject to capital gains. Not a bad thing. Continue reading

12/18/12

A Gig, a Product, a Job, a Career, a Profession (The Leadership Series)

Big Red Car here.

The Boss is still up skiing in Steamboat.  Snow is still pouring down and I am starting to feel just a bit sorry for myself.  I have been cooped up all week since Sunday and am getting a bit anxious.

I want to get out and run.  My job, my work, is to lower the top and run like Hell.  Through the neighborhood — never, ever violating the speed limit mind you — and when The Boss is feeling a bit wild through the Hill Country and out to the lake and back again.  I have a great job.  I am in the pleasure business.  Come ride with me.

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