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Monday, December 12, 2011

Daily Alert: Economy


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December 12, 2011
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Finally, A Rich American Destroys The Fiction That Rich People Create The Jobs Finally, A Rich American Destroys The Fiction That Rich People Create The Jobs
by Henry Blodget on Dec 12, 2011, 10:38 AM
The theory sounds great. It just doesn't happen to be true.


No, Entrepreneurs Like Steve Jobs Do Not 'Create Jobs' By Inventing Products Like The iPhone No, Entrepreneurs Like Steve Jobs Do Not 'Create Jobs' By Inventing Products Like The iPhone
by Henry Blodget on Dec 12, 2011, 10:39 AM
Apple's customers created those jobs. (And they didn't really even "create" them. They moved them.)


Obama Says Americans Think The Stimulus Worked Obama Says Americans Think The Stimulus Worked
by Zeke Miller on Dec 11, 2011, 8:22 PM
Rejects claims that he is for wealth redistribution.


4 Top Wall Street Experts Weigh In On Friday's EU Budget Deal 4 Top Wall Street Experts Weigh In On Friday's EU Budget Deal
by AP on Dec 11, 2011, 10:02 PM
Many questions remain.


RICHARD KOO: I'm Serious About My Oddball Way To Fix The Euro Crisis RICHARD KOO: I'm Serious About My Oddball Way To Fix The Euro Crisis
by Simone Foxman on Dec 12, 2011, 4:34 PM
Screw fiscal consolidation.


OECD: Animal Spirits Are Behind Soaring Sovereign Borrowing Costs OECD: Animal Spirits Are Behind Soaring Sovereign Borrowing Costs
by Sam Ro on Dec 12, 2011, 12:36 AM
And it could cause big problems for Europe next year.


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