Category Archives: Recession

Effects of Economic Inequality

It seems to me…. “Ill fares the land, to hastening ills a prey, Where wealth accumulates, and men decay.” ~ Oliver Goldsmith[1]. Every previous civilization has been destroyed by the unequal distribution of wealth and power. The more advanced the … Continue reading

Posted in Demagogue, Demagogue, Despotism, Economy, Education, Elections, Employment, Employment, employment, Gini Coefficient, Inequality, Inflation, Jobs, Jobs, Jobs, Low-Income, Middle Class, Middle Class, Middle-Class, Middle-Income, Populism, Poverty, Productivity, Recession, Trump, Wages, Wages, Wealth | Tagged , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Income, Wages, And Poverty

It seems to me…. “Inequality causes problems by creating fissures in societies, leaving those at the bottom feeling marginalized or disenfranchised.” ~ Nicholas Kristof[1]. Even with the economy continuing to expand and unemployment at its lowest point in ten years, … Continue reading

Posted in Automation, College, Debt, Economy, Education, Education, Employment, Employment, employment, Finance, Financial, GDP, High School, Income, Inequality, Inequality, Inequality, Inflation, Jobs, Jobs, Life Expectancy, Life Expectancy, Marriage, Middle-Income, Poverty, Recession, Recovery, Savings, Savings, Unemployment, Upper-Income, Wages, Wealth | Tagged , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Restoring Our Basic Values

It seems to me…. “It’s time that America’s government lived by the same values as America’s families. It’s time we invested in America’s future and made sure our people have the skills to compete and thrive in a 21st century … Continue reading

Posted in airports, Artificial Intelligence, Australia, Britain, Canada, Canada, Carbon, China, Chrome, College, Congress, Conservatives, Constitution, Cost, Debt, Debt, Declaration of Independence, Deficit, Deficit, Deficit, Economy, Education, Education, Education, Elections, Employment, Employment, Energy, Energy, energy, Environment, Facebook, Facebook, Financial, Fossil Fuel, Globalization, Google, Google, Great Britain, Great Britain, Health, Health, Healthcare, Homeless, House of Representatives, Hunger, Immigration, Incarceration, Inequality, Infrastructure, Internet, Investment, Jobs, Jobs, Lobbyists, Lower Class, medicine, Microsoft, Middle Class, Military, National, Office, Petroleum, Poverty, Poverty, Productivity, Recession, Renewable, Research, Robotics, Speaker, Taxes, Taxes, Technology, Thomas Jefferson, Veterans, Voters, War, Zika | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Thank You President Obama

It seems to me…. “Change will not come if we wait for some other person or some other time. We are the ones we’ve been waiting for. We are the change that we seek.” ~ Barack Obama[1]. President Barak Obama … Continue reading

Posted in ACA, ACA, Affordable Care Act, Affordable Care Act, African-American, African-American, Asia, Barack Hussein Obama II, Ben Bernanke, Bengasi, Bush, Change, Climate, Climate Change, COP21, Crisis, Cuba, Deficit, Dow Jones, Economic, Economy, Employment, Energy, English, Environment, Financial, GDP, George W. Bush, Globalization, Greenhouse, Growth, Hatemongering, Health, Health, Healthcare, healthcare, Income, Insurance, Internet, Iran, Iraq, Irish, Jobs, Johnson, Kenya, Kenyan, Lyndon Johnson, Manufacturing Technology Acceleration Center, Michele Obama, Middle Class, Middle-East, MTAC, Muslim, Obama, Pacific, Race, Race, Racism, Reagan, Recession, Recession, Recovery, Religion, Robotics, Russia, Science, Solar, Solar, Sports, Stimulus, Stimulus, Stock Market, Technology, Technology, Technology, Trump, Unemployment, Wages | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 1 Comment

Potential Employment Changes

It seems to me…. “I see three forces militating in favor of growing inequality: increasing measurement of worker value added, automation through smart software, and globalization.” ~ Tyler Cowen[1]. There is considerable evidence that technological advancement is eliminating job categories, … Continue reading

Posted in AI, AI, Architects, Artificial Intelligence, Artificial Intelligence, Automation, China, clerical, Computer, Computing, Economic, Economist, Economy, Education, Employment, Employment, engineer, Europe, Food, Globalization, Globalization, healthcare, Hospitality, Income, Inequality, Jobs, John Maynard Keynes, Keynes, Labor, Low-Skill, Luddites, Luddites, Lyndon Johnson, Manufacturing, Manufacturing, Middle Class, New York Times, Off-Shoring, Offshoring, Outsourcing, Productivity, Protest, Protest, Recession, Retraining, Retraining, Robotics, Sales, skilled, skills, Technology, Training, Upper-Income, Wages | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 2 Comments

Road To Recession

It seems to me…. “It’s a recession when your neighbor loses his job; it’s a depression when you lose yours.” ~ Harry S Truman[1]. It should be very obvious to even the most conservative Republican that their basic core platform … Continue reading

Posted in Alan Blinder, Andrew Mellon, Budget, Carter, Clinton, Debt, Debt, Deficit, Depression, Depression, Dwight Eisenhower, Economy, Eisenhower, Farming, Finance, Financial, George H. W. Bush, George W. Bush, Gerald Ford, Herbert Hoover, James E. Carter, Kennedy, Lyndon Johnson, Mark Watson, Military, National, Nixon, Obama, Obama, Protectionist, Reagan, Recession, Recession, Secretary of Treasury, Smoot–Hawley, Tariffs, Taxes, Taxes, Trade, Treasury | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

The Role of Debt

It seems to me…. “A national debt, if it is not excessive, will be to us a national blessing.” ~ Alexander Hamilton[1]. There always seems to be considerable condemnation, especially by conservatives, of any kind of debt. Historically, the British … Continue reading

Posted in Debt, Debt, Debt, Economic, Economy, Federal Reserve, Federal Reserve, France, GDP, Germany, Great Britain, Great Britain, Growth, Housing, Housing, Industrial Revolution, Inequality, Inequality, Inequality, Infrastructure, Investment, Investment, Italy, Japan, Mortgages, Napoleon, National, Railroads, Recession, Roads, Stimulus, Taxes, Water Systems | Tagged , , , , , , , , , , , , , , , , , , , , , , | Leave a comment