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Category Archives: Economy
Privatization of the Post Office?
Congressional action is slow these days since the House and usually the Senate Republicans do not want to allow anything to be accomplished as long as Obama is President. So, something different. Privatization of the Post Office has been suggested. … Continue reading
Boston, West, and the danger to Americans
Last week there were two major explosive events — the bombing at the Boston Marathon and the explosion in West, TX. From a personal perspective, both of these hit home since I spent time in Boston and my ancestors lived … Continue reading
Senate Republicans Cowards Kill Gun Control
The story isn’t that the Senate failed, it is that Senate Republicans blocked passage. Don’t blame the institution, blame the individuals responsible. Senate (and House) Democrats have less to fear from a NRA backlash since the hard core NRA voter … Continue reading
US Taxes, how bad are they really?
CNN has an interesting graphic on top tax rates and income levels for various countries (Western Europe, Asia, and others). Generally, the US is in the middle (the chart is for combined state and federal, but does not seem to … Continue reading
The Sequester approaches
The Sequester (the result of a compromise that was required to raise the budget ceiling) approaches. The Sequester exposes the Republican economic policy — they are for cuts, just not “those” cuts. This illustrates how easy it is to be … Continue reading
Posted in Economy, Obama, U.S. Government
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Takers vs. Makers
Recently a number of state governors have traveled to California to entice companies to move. This is clearly a battle between the Makers (California make jobs) and the Takers (states that cannot create jobs on their own take them from … Continue reading
The Sequester approaches
The most important thing to consider about the Sequester is that it is the result of a bi-partisan compromise. (Just like the other issues involved in the previous Fiscal Cliff). This is important — what we need is action on … Continue reading
Posted in Economy, Jobs, Obama, U.S. Government
Tagged Boehner, Fiscal Cliff, sequester
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Sequester, Budget Cuts, and Prosperity
At least Obama said something about not cutting our way to prosperity, but it was in the context of working out a deal for cuts to avoid the cuts. If Congress continues to push the sequester into the future by … Continue reading
GDP drops in final quarter of 2012
The GDP dropped a bit due mostly to reductions in government spending. From this fact, the Republicans in Congress conclude that we must therefore cut spending even more. So, spending cuts lead to slowing of the economy makes the case … Continue reading
Posted in Economy, Jobs, U.S. Government
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A new year, a new cliff
We (the American public) were conned by the media (and some politicians) into believing that the Fiscal Cliff was something important and that it could be fixed if we could just agree, or maybe if we could agree on cuts. … Continue reading