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  1. One more sign of the current recession:

    Chart Of The Day: Continued Collapse In Capital Goods New Orders Confirms US Is In Recession

    http://www.zerohedge.com/news/2012-11-27/chart-day-continued-collapse-capital-goods-new-orders-confirms-us-recession

    Notice the drop off in 2007/2008 and the current drop off…Charts! Tom, Charts!

    But of course the GOP will be blamed because they won’t do exactly as they were told by the Democrats, it’s all their fault. That is why the GOP fearing this outcome will cave on the Fiscal Cliff negotiations as I said before, the Democrats stealth position was the Fiscal Cliff from the get go.

    The Democrats will demand cuts in Medicare to which the GOP will accede and in the process the Democrats then will blame the GOP for pushing granny over the cliff. Seniors will believe it because that is what the MSM will push. So the GOP will lose either way unless they get shrewd.

    Comment by dscott — November 27, 2012 @ 11:24 am

  2. The Best and Worst Run States in America: A Survey of All 50

    http://247wallst.com/2012/11/27/the-best-and-worst-run-states-in-america-a-survey-of-all-50/#ixzz2DSY3RsEF

    North Dakota the best, California the worst. It is interesting to note the bifurcation of the population (income inequality) in the worst managed states having a high median household income versus the high unemployment and poverty rate.

    I have to question the use of “median” and wonder if they really meant to say “average”. It is counterintuitive to have a high median income with a high poverty rate.

    Comment by dscott — November 27, 2012 @ 4:22 pm

  3. The poverty rate may have state-specific income thresholds.

    Comment by Tom — November 27, 2012 @ 5:19 pm

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