economy – The Musings of the Big Red Car

The US Economy Is Going To Boom

Big Red Car — Sat, 17 Apr 2021 19:02:13 +0000

Before the China Virus, the United States had the best economy in its history — since 1776 — and the strongest economy in the world. Then came the pandemic and we made some bad decisions. Economic growth declined — it contracted it — and the economy was essentially in TIME OUT. Now we sit 15 […]

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The Economy, Darling

Big Red Car — Fri, 20 Dec 2019 21:37:16 +0000

I am no fan of polls primarily because I find them to be statistical malpractice in the unscientific, haphazard manner with which the polling samples are constructed and the sponsorship. There was a CNN poll on the economy completed a week ago that had some surprising outcomes. 76% of respondents agreed the “Economy is very […]

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The Numbers — The Trump Economy

Big Red Car — Fri, 06 Dec 2019 18:02:18 +0000

It does not matter whether you love or hate President Trump, the economy is not influenced by your individual feelings or emotions. Nancy Pelosi, who does not hate President Trump and who is a great Catholic, is praying for the economy and President Trump. [President Trump is praying for her also. The Big Red Car […]

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The Economy

Big Red Car — Fri, 26 Apr 2019 15:04:22 +0000

Big Red Car here back from a nice tour of Savannah. Today, the numbers came out for Q1-2019. Gross Domestic Product is up 3.2%! [Special note to “you know who” — yes., the government fiscal year starts in October, so, yes, it would be Q2-2019 of the government year, but this is Q1-2019 of the […]

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Economy – how good?

Big Red Car — Tue, 18 Sep 2018 16:10:13 +0000

How good is the US economy? We hear a lot of interesting things, but the media is still not adequately reporting on this subject. Let’s discuss two small issues: full time v part time jobs and Hispanic unemployment. Full time v part time employment This chart says it all. Full time employment is headed up. […]

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GDP Growth 4.1% – do not overreact

Big Red Car — Fri, 27 Jul 2018 16:14:15 +0000

GDP, Big Red Car? Huh? Big Red Car here on a lovely, warm Texas summer day – sun shining and headed to 101F. Ahhh, summer! Something else which is hot is the economy. It is hot as evidenced by today’s GDP number which shows growth in excess of 4%. This is Q3 2018 (April, May, […]

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Recovery? Won’t Get Fooled Again

Big Red Car — Thu, 12 May 2016 15:16:41 +0000

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: […]

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Let’s Cut the Crap — the Economy Sucks

Big Red Car — Wed, 26 Aug 2015 10:17:27 +0000

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 […]

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Raising Taxes, A Presidential Thing

Big Red Car — Mon, 09 Feb 2015 15:20:11 +0000

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 […]

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The Reality of Our Terrible Economy

Big Red Car — Mon, 10 Feb 2014 16:29:47 +0000

Big Red Car here. Hey it was 72F yesterday. The Boss took a long, long walk in shorts and a tee shirt around Town Lake (the damn Lab tripped him and he went down hard but executed a paratrooper three point landing, so nothing broken — that Lab is in big trouble). That Lab is […]

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