Posted on April 5, 2010 by Doug Henwood
Not much in the way of economic news since last we spoke. The U.S. economy continues to flatline, which only looks good next to the collapse of 2008 and 2009. The Chicago branch of the Federal Reserve puts out a monthly National Activity Index (CFNAI), a composite of 85 separate indicators, that’s a good a single measure of the state of the economy that we have. When it’s at 0, the economy is expanding at its historical average; below 0, it’s growing below trend; above 0, it’s growing above trend. The CFNAI broke… Read More
Posted on August 7, 2009 by Doug Henwood
[WBAI is fundraising this week and next. My fundraiser is next week—be sure to pledge during my slot, details to follow!—and I was pre-empted on August 6. My KPFA show for August 8 is mostly a rerun, but it did contain this fresh commentary.] If you’re an American taxpayer, you’re an owner of AIG, the failed insurance company. According to a piece in Thursday’s Wall Street Journal (which did the research itself—God, I’m going to miss newspapers), AIG and the Federal Reserve, a branch of the U.S. government, will be paying Wall Street… Read More
LBO News from Doug Henwood 
Posted on April 5, 2010 by Doug Henwood
Radio commentary, March 25, 2010
Not much in the way of economic news since last we spoke. The U.S. economy continues to flatline, which only looks good next to the collapse of 2008 and 2009. The Chicago branch of the Federal Reserve puts out a monthly National Activity Index (CFNAI), a composite of 85 separate indicators, that’s a good a single measure of the state of the economy that we have. When it’s at 0, the economy is expanding at its historical average; below 0, it’s growing below trend; above 0, it’s growing above trend. The CFNAI broke… Read More
Posted on August 7, 2009 by Doug Henwood
Radio commentary, August 8, 2009
[WBAI is fundraising this week and next. My fundraiser is next week—be sure to pledge during my slot, details to follow!—and I was pre-empted on August 6. My KPFA show for August 8 is mostly a rerun, but it did contain this fresh commentary.] If you’re an American taxpayer, you’re an owner of AIG, the failed insurance company. According to a piece in Thursday’s Wall Street Journal (which did the research itself—God, I’m going to miss newspapers), AIG and the Federal Reserve, a branch of the U.S. government, will be paying Wall Street… Read More
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