Filtered by tag: economy Remove Filter

Flocks of Chickens

In the simplified versions of history we often use in conversation, a past disaster is reduced to its ultimate scenario and immediately preceding event: the Titanic hit an iceberg and sank. In fact, as with most disasters, there’s more to the story: the Titanic was speeding in the dark in an area that its captain had been warned had icebergs, contributing to both not seeing and not being able to timely avoid the berg.

Many disasters have been analyzed forensically, providing a 20-20 view of all the contributing factors and unfortunate decisions that led up to the final scene of the drama. Seldom are we, as observers, able to watch as factors and decisions unfold in our view, moving toward a disastrous result that, despite the warning signs, seems inevitable.

Read More

Opportunism or Reckless Indifference?

A few legal definitions:

• Reckless endangerment is “behaving indifferently to the consequences [of an action or inaction] in such a way as to create a substantial risk of serious physical injury or death to another person.”

Read More

Congressional “Stimulus” Rebuffs Unions, Lets the USPS Go Deeper in Debt

By voice votes in the Senate on March 26 and the House on March 27, Congress last week passed HR 748, the Middle Class Health Benefits Tax Repeal Act of 2019, a $2.2 trillion program to help the nation’s economy and citizens deal with, and recover from the consequences of the ongoing virus-related crisis. Conspicuously missing was any aid for the Postal Service. Instead, the bill only allowed it to borrow another $10 billion from the Treasury, going even deeper in debt.

Read More

Translating Predictions of Postal Privatization - Part II

The following is the second in a two-part commentary, excerpted from the Jan. 6 edition of Mailers Hub News, in response to the Fortune Magazine article on Dec. 27, USPS Could Privatize As Early As Next Year

Any decision to sell-off or otherwise privatize the USPS would not be something arising from the Postmaster General, so campaigning that he or she should protect the ramparts of L’Enfant Plaza against the huns of privatization is somewhat misguided.

Read More

The 2020 Economy: Slowing, but No Recession

Several economic indicators suggest that the US economy will slow in 2020 but that a recession is unlikely. That was the message delivered to attendees during a December 17 Mailers Hub webinar presented by Andrew Paparozzi, Chief Economist for the Specialty Graphic Imaging Association.

(Miss the webinar? Subscribers can view the recording here, in the Mailers Hub Archives.)

Read More

Below the Headlines: The 2020 Economy

Our guest blogger today, Andy Paparozzi, is Chief Economist for SGIA, and presenter for the December 17, 2019 Mailers Hub webinar, the 2020 Economic Outlook. 

The American economy has now grown 125 consecutive months, making the current upturn the longest on record. And headline numbers, such as 615,000 jobs added and retail sales up 4.0% over the last three months, suggest more growth is ahead.

Read More