Capitalism is apparently a continuous merry go round of bubbles and then burst where the economy is concerned, but the too big to fail are bailed out by the too poor and too insignificant to matter when it comes to returning the economy to its former self.
Archive for the ‘The Economy’ Category
Elizabeth Warren divined the reasons for the financial meltdown and continued economic sluggishness–the fact that the middle class now needs 104 paychecks a year to pay for a lifestyle their parents had with 52.
Essentially the economy has been left alone to heal itself for almost 4 years. It is a testament to the American spirit and work ethic that we’ve managed to heal ourselves to the extent we have.
I spend a lot of time at whack-a-troll at but one does get a little weary of all the Barack Obama naysayers..so every now and then I like to remind myself (and others) of why I continue to support him.
If we had jobs that paid well and a minimum wage that was livable we would not have nearly as many problems. People would be busy doing their jobs and living their lives.
Have you noticed that the people who rant about the size of our government are from States that receive the most assistance from the government? http://247wallst.com/special-report/2012/08/03/states-that-get-the-most-federal-money/2/ http://247wallst.com/special-report/2012/08/03/states-that-get-the-most-federal-money/3/ “No state in the U.S. received more money per person from the federal government than Alaska. One contributing factor is that […]
Was such a horrendous act that could galvanize The West against Russia inevitable? Was it only a matter of time until a brutal, militaristic dictatorship such as Russia would go too far to get what it wants that it shocks the rest of the world into turning against it in unity?
What the UK is doing sets a good example . Recovering waste land for the production of clean energy is a win win situation. The UK is leading the way to repair the wounds inflicted on this earth.
Hillary and Bill Clinton are incredibly wealthy people who move in the circles of the same wealthy and powerful who have inordinate control over our democracy and society, they are friends and peers with them…so is it most likely that if elected, she’s going to hammer her best friends to help “the others”?
Ah, the good old days, 1965 – when you could leave your doors unlocked, the temperature was a balmy 80 degrees, and your new Mustang convertible sat eagerly waiting for you in the carport. You had $10 burning a hole in your pocket, and Betty Lou was getting out, or […]
This is a continuation of my ongoing series of articles that deal with Modern Monetary Theory Today we are going to boil down parts 1-4 into a super-easy to understand “elevator pitch” for MMT. You may know what an elevator pitch/speech is, but for those that don’t here is how […]
First , let me say I am not a big fan of labels like “conservative” or “liberal”. I believe they are misleading at best.
Second, I have some questions and would appreciate some answers.
Leading MMT thinkers and authors insist often and loudly that they are simply trying to describe how money and thereby the economy, government and the private sector work. Whether a capitalist, socialist, communist, or any other -ist, everyone should want to know how the system they exist in operates.
At a time in our nation’s history when our Supreme Court has chosen the wealthy to dominate our politics and the press has mostly abandoned their duty to empower the public with truth, how can the people find their way back to a true and responsive democracy?
Just last November, pundits were saying that Obamacare’s troubled rollout doomed it to failure and Chris Christie was so nationally popular, he was the odds on favorite to win the GOP Presidential primary and perhaps the White House.
“Me know women get less pay for same job but speaking for all women as man, what feel worse to women is everyone knowing it. So me decree, on behalf of women, no one talk about it anymore.” Problem solved!