Every wonder what happened to all that TARP money the government invested to secure the US financial system. Well it looks like they might make money from the investments. They a pretty good web site detailing all of the investments and the returns. TARP Web Site
Slate also has an article about TARP breaking even. Here
Monday, August 31, 2009
Thursday, August 27, 2009
Saturday, August 8, 2009
Okun's Law
Again unemployment is the big topic this week. Jobs will be on the radar for the foreseeable future. No one really has any idea how to create or sustain good jobs so the area is ripe for discussion.
One interesting topic continues to arise relating to unemployment: That is Okun's law, which states that every 1% increase in unemployment will lead to a 2% drop in GDP.
One interesting topic continues to arise relating to unemployment: That is Okun's law, which states that every 1% increase in unemployment will lead to a 2% drop in GDP.
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