The Shopping Mall Of Market Democracy
My dear Marxist friends of whatever denomination you may be – post, neo, proto, salon, caviar, vulgar… , here’s the bad news for you: Macedonia has outlived the fall of capitalism.Stealing From the Poor and Giving It to the Rich – Inflation
In today’s complex economy it is useful for the ordinary citizen to understand a few simple principles about economics. That way, they can manage their own money better and also contribute their voice to policy making in their countries.Academic Advising Economists Create Limited Sets and Quantify Irrelevance to Decision Makers
Not long ago, someone asked me what I’d do to turn around the US economy. Well my answer was quite simple; we need a red magic market committee. “What the hell are you talking about,” he said, “I asked you what you would do to fix the economy if you were in charge.” You see, I run a think tank which happens to operate online, and we talk a lot about economics. However, since he was an academic who advises political leaders on economic affairs, he’d never heard of such a thing.We Need To Forward
FOR DECADES, much of the emphasis regarding native economic development has been driven by federally administered programs, which are out-of-date and out-of-step with what’s going on in the real world. While the Canadian government has invested significant dollars over the years in the area of economic development the results have been lack luster on reserves. Why is this you ask?The Economy Is Fundamentally Fine – He Said
During the 2008 Presidential election cycle, along about the end of August, Presidential Candidate, Senator John McCain, said in the mainstream media that; “the economy is fundamentally fine.” Of course, this was just weeks before everything completely fell apart, not that there weren’t signs of cracking up until then. The opposing party, the Obama Campaign, challenged him on this, and then as the financial real estate banking bubble burst, it was obvious that things; were not fine.Unemployment Is Not Going Down, Not Even In the Swing States
We’ve been told over and over again by President Obama that our economy is recovering and we have solid GDP growth. He’s told us that our unemployment numbers are coming down and they will continue to do so. He’s told us that our economy is fundamentally stable and things are looking up; that he’s “never been more hopeful for the future of America,” than he is today. Well, this president has told us lots of things I suppose, most written for him by others, then read from the teleprompter.The New Economic Development Sector
There are several economic sectors, the newest one that will come to light will be the development sector. This is my take on why the global economy is not doing so well and where funding needs to go instead of tax breaks and trying to relieve an economy that’s not working. I also write about how to implement such a movement and how society needs to “repair” itself or face destruction from war for limited resources in the future.Businessmen Call To Arms, How You Can Help Your Country – Layoff All Workers to Pay Higher Taxes!
The other day, I was talking to a business owner after the final votes came in for the presidential election on November 6, 2012. He said since Obama was reelected that he was pretty sure his taxes would go up because he is self-employed, and he makes well over $250,000 per year and employs about 10 people in his company. “Yes,” I told him, “I am absolutely positive your taxes will go up, and you will have to find ways to maximize your deductions, or severely cut your costs.”How Economic Created Realities Swing National Political Elections
After looking at the results of the 2012 Presidential elections, I realize President Obama made history once again. You see, he is the first president ever to be reelected while the unemployment figures were over 8% since the great depression. That’s amazing, but I am not sure he deserved to. Okay so, that’s a heavy statement so, let’s talk shall we?Rating Agencies Didn’t Wait Long After Obama’s Reelection to Threaten On Downgrading US Debt
As the European Union and ECB got into full crisis mode, the rating agencies had no choice but to downgrade the debt of many nations. Not just the PIIGS (Portugal, Ireland, Italy, Greece, and Spain) but all the rest too. Meanwhile, they started looking at the US debt and considering the GDP-to-Debt ratio. Trust me it is not pretty and unfortunately under the Obama Administration it’s looking even worse. Consider that this Administration, the same one the voters just reelected, has added no less than $5 Trillion in new debt – in only 4-years. That is a staggering by any sense of the imagination, and it is also so irresponsible that one might even ask; what the hell were they thinking.Will Raising Taxes On Entrepreneurs, Business People and The Rich Lower the Deficit?
Well, “glory be, we have reelected our Prince, Barack Obama,” I felt like singing in sarcasm. So what will happen to our economy now you wonder? Well, the Congressional Budget Office (CBO) has already explained that if we go into sequestration, or even if we have large budget cuts of our federal government – along with tax increases that we will go into another recession in 2013. Interestingly enough, this is one time I do agree with the CBO. Many Democrats and political pundits are stating that it wouldn’t matter who was reelected, we are headed for recession anyway.