As we are about to enter the third month of 2010, the nation is in its worst financial and economic condition since, perhaps, 1939. We have large-scale unemployment, foreclosures, bankruptcies, homelessness, hunger, lack of living essentials, and many working families with huge credit card debt. The Neoconservative Republicans who control the Republican Party, have [...]
Entries Tagged as 'economy'
The Grim State of the Nation
February 24th, 2010 · No Comments · Culture, Economics, Health Care, Politics, energy, jobs
Tags: clean energy·economy·energy·food banks·Health Care·health care lobby·health care reform·homelessness·hunger·jobs·reconciliation·Rupert Murdoch·stimulus·Supreme Court·tea parties·tent cities·unemployment·unemployment insurance
A Plan for Jobs and Ending the Recession
December 10th, 2009 · No Comments · Economics, Politics, jobs
There has been talk recently–finally–about creating jobs. The talk has been about using some of the TARP money to create jobs in various sectors. As a reminder, the TARP funds were those funds used from the Treasury to shore up certain banks and other investment firms plus AIG, which was ostensibly the only insurance firm. [...]
Tags: creating new jobs·economy·Geithner·green jobs·jobs·President Obama·right wing republicans·stimulus·the Stimulus plan·using TARP for jobs
The Economy–Will Commercial Real Estate Hold Up Recovery?
November 23rd, 2009 · No Comments · Economics
The economy is beginning to pick up. Unemployment numbers are falling. About a third of the Stimulus funds are in operation now with more and more coming every day. But there is one snag. The commercial real estate market.
Commercial real estate has been in trouble for a while, as a result of the general economic [...]
The Economy, the Stimulus and Coming Out of the Recession
October 13th, 2009 · No Comments · Economics, Politics
Economists like to say that the current recession began in December of 2007. But things had not been going well for the average American for some time before that. The recession only made things worse for the average American household. Long before the recession began, things had been in a gradual decline for the average [...]
Tags: economy·income inequality·incomes·jobs·recession·stimulus·wages
Free Enterprise Is the Province of All Americans, Neo-Conservatives and Liberals.
October 10th, 2009 · 1 Comment · Culture, Economics, Politics
The United States of America is the land of free enterprise. We base all our political and many of our personal decisions on that simple premise. We refer to the United States as the Land of Opportunity. The question we must ask is this: Is it true?
As you might expect, it is not as simple [...]
Tags: Conservative·economy·Free Enterprise·Liberal·Neo-Conservative·Politics
Tea Party Protestors Should be Blaming Bush, Not Obama.
September 18th, 2009 · No Comments · Politics
If you are reading this and you are one of the demonstrators at the so-called tea parties, there is a lot you obviously don’t know. If you demonstrate against the administration that was elected to restore some rights and some measure of equality for the middle classes then when you protest you are working against [...]
Tags: Bush·Cheney·deficit·depression·economy·national debt·Obama·recession·surplus
Wall Street Journal Under Murdoch: Propaganda Masquerades as Opinion, Opinion as Fact.
September 17th, 2009 · No Comments · Economics, Politics
In the Wall Street Journal this morning in mid-September 2009, John Taylor, a noted economist from Stanford has determined, in his wisdom, or that of Rupert Murdoch, or his lieutenants, or Roger Ailes or Sean Hannity or Ann Coulter…take your pick when you are dealing with Neocon propaganda…has said that the stimulus did not work. [...]
Tags: Dr. John Taylor·economy·Rupert Murdoch·stimulus·Wall Street Journal
The Choice Between Neoconservative and Progressive Becomes Clearer.
September 1st, 2009 · No Comments · Economics, Health Care, Politics
There is no mystery about the difficult circumstances in which we find the American economy. Since 1981, when Ronald Reagan cut income taxes for the top bracket, multi-millionaires, from 70% at the top marginal rate, down to 28%, the country has run very large deficits every year. We have been running deficits in the $200 billion [...]
Tags: Add new tag·Bush administration·Democrat·economy·Health Care·jobs·Neoconservative·Progressive·stimulus