Tag Archives: debt

Recession Anxieties

It seems to me…. “Keynes’s contribution was not just to advocate spending government money in the middle of a recession. Every government had done that going back to the days of the Irish potato famine. What he gave to us … Continue reading

Posted in Asia, Asia, Bonds, Brazil, Brexit, China, China, Daimler, Debt, Debt, Deficit, Deficit, Economic, economic growth, Economics, Economy, Employment, Europe, Europe, Factor Intensity, Federal Reserve, Federal Reserve, Financial, financial crisis, France, France, GDP, Germany, Germany, Gini Coefficient, Gini Coefficient, Gini Index, Globalization, Globalization, Great Britain, Great Britain, Gross Domestic Product, human capital, India, Inequality, Inequality, Iran, Iran, Italy, Italy, Japan, Japan, Jobs, Liquidity Crisis, Liquidity-Trap, Mexico, Mexico, Mexico, Michael Polanyi, NAIRU, National, Nestlé, Physical Capital, Post-Industrial, Productivity, Recession, Recession, Stimulus, Swizerland, Technology, Total Factor Productivity, Trade, Trump, Wages, Xi Jinping, Xi Jinping | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Universal Basic Income

It seems to me…. “A certain small income, sufficient for necessities, should be secured for all, whether they work or not.” ~ Bertrand Russell[1]. In the U.S. and some other nations; e.g., Finland, Netherlands, Kenya, and Canada (and in Alaska); … Continue reading

Posted in Alaska, AmeriCorps, Automation, Automation, California Conservation Corps, Canada, Canada, CCC, CNCS, Corporation for National Community Service, Debt, Debt, economic growth, Education, Education, Employment, Finland, GDP, Gini Coefficient, Gini Coefficient, Gross Domestic Product, Healthcare, Income, Inequality, Inequality, Kenya, Mortgages, Netherlands, Peace Corps, Populism, Precarity, Productivity, Robotics, Taxes, Taxes, UBI, Universal Basic Income, VISTA, Volunteers in Service to America, Works Projects Administration, WPA | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Lessons From The Past

It seems to me…. “The heart of the 2008 financial crisis was a coterie of reckless financial executives, working for too-big-to-fail financial companies, who were handsomely compensated for taking risks that almost ruined the economy when they failed.” ~ Gary … Continue reading

Posted in Banks, Barack Hussein Obama II, Budget, Bush, Business, China, Clinton, Debt, Debt, Deficit, Deficit, DJIA, Dodd-Frank, Dodd-Frank, Dodd-Frank, Dow Jones, Dow Jones, Dow Jones Industrial Average, Economics, Economy, Education, Employment, employment, Federal Reserve, Financial, financial crisis, Fiscal Policy, GDP, GDP, GDP, George W. Bush, Glass-Steagall, Glass-Steagall Act of 1933, Gross Domestic Product, Inflation, Jobs, John Maynard Keynes, Keynes, Liquidity, Liquidity Crisis, Liquidity-Trap, Monetary Policy, NAIRU, National, Non-Accelerating Inflation Rate of Unemployment, Obama, Obama, Qualitative Easing, Quantitative Easing, Recession, Sarbanes-Oxley, Stimulus, Stocks, Taxes, Troubled Asset Relief Program, William Jefferson "Bill" Clinton | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 2 Comments

Overcoming U.S. Stagnation

It seems to me…. “There’s no light at the end of the tunnel in the Republican message, no promise of better things to come. There’s only the present stagnation, followed by a slow decline.” ~ John Podhoretz[1]. Resolution of important … Continue reading

Posted in ACA, ACA, Accord de Paris, Affordable Care Act, Affordable Care Act, airports, anthropogenic, Assault-type, AWB, Background Check, Banks, Bill of Rights, Brady Bill, Bridges, Budget, Campaign, Carbon Tax, Change, Child Tax Credit, Citizens United, Citizens United, Climate, Climate Change, Clinton, College, College, College, Common Core, Common Core, Communications, Communitarianism, Congress, Congress, Constitution, COP21, Cost, Cost, Customs and Border Protection, DACA, Debt, Debt, Defense, Deferred Action for Childhood Arrivals, Deficit, Deficit, Deficit, Disaster, Dodd-Frank, Dodd-Frank, Dodd-Frank, Earned Income Tax Credit, Economic, Economy, Education, Education, Education, Education, education, Elections, Electoral College, Electric, Employment, Employment, employment, Environment, EVs, FBI, Federal Assault Weapons Ban, Federal Bureau of Investigation, Federal Emergency Management Agency, FEMA, Finance, Fire, Funding, George Washington, Gerrymandering, Gini Coefficient, Gini Coefficient, Global Warming, Global Warming, Globalization, Globalization, Greenhouse Gas Emissions, H-1B, Healthcare, Hurricane, ICS, Immigration, Income, Inequality, Inequality, Inequality, Infrastructure, infrastructure, Internet, Investment, Investment, James Comey, Jobs, K-12, Los Angeles, Los Angeles, Mass Transit, Medicare, Medicare, Military, Moon, NASA, NASA, National Infrastructure Reinvestment Bank, National Rifle Association, NRA, Obama, Paris Agreement, Post-Industrial, Postindustrial, Postsecondary, Progressivism, Public, Puerto Rico, Railways, Refugee, Research, Research, RFID, Roads, Russia, Russia, San Francisco, San Francisco, Sarbanes-Oxley, Sewers, Single-Payer, Space, Spending, STEM, STEM, Supreme Court, Supreme Court, Tax Reform, Taxes, Telecommunications, telecommunications, Temporary Protected Status, Thank You For Being Late, Thomas L. Friedman, TPP, TPS, Training, Trans-Pacific Partnership, Transportation, Transportation, Trump, Tuition, Tunnels, United Nations, United Nations, Universal Healthcare, Virgin Islands, Water, Weapon, Weather, World War II | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Trump And Associates

It seems to me…. “One immutable trait of the gullible is that they are credulous to a fault. Though no-doubt well-meaning, the naïve are Trump’s base.” ~ Pamela Meyer[1]. Legalized casino gambling was approved in my hometown of Atlantic City, … Continue reading

Posted in 14K Triad, Anthony “Fat Tony” Salerno, Atlantic City, bankruptcy, Boardwalk, Casinos, Casinos, Connecticut, Crime, Daily Beast, Daniel Sullivan, Danny Leung, Debt, debt, Delaware, Donald Trump, Education, Felix Sater, Finance, Gambling, Gambling, Games, Games, Genovese, Hong Kong, Huffington Post, Hurricane Maria, Immigrant, Junk Bonds, Kefauver, Kenneth Shapiro, La Cosa Nostra, Las Vegas, Los Angeles Times, Mafia, Manhattan, Maryland, Miss America Pageant, Monopoly, Native-American, Nevada, New Jersey, New York, New York Daily News, New York Times, Nicky Scarfo, Pennsylvania, Philadelphia Inquirer, Protest, Puerto Rico, Salvatore Testa, Special Committee to Investigate Organized Crime in Interstate Commerce, Taj Mahal, The Federalist, TIME, Tribal Lands, Trump, Trump Plaza, Wall Street Journal | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 2 Comments

Liberal/Conservative Tax Policies

It seems to me…. “Taxes are what we pay for civilized society, for modernity, and for prosperity.  The wealthy pay more because they have benefitted more.”  ~ Jill Lepore[1]. Tax reform recently approved by Congress, though long overdue, while correcting … Continue reading

Posted in Barack Hussein Obama II, Budget, Census Bureau, Cheney, Congress, Congress, Conservatives, Conservatives, Debt, Debt, Debt, debt, Deficit, Deficit, Deficit, Donald Trump, Economy, Economy, Economy, Education, Education, Education, Education, education, Education, Financial, Financial, Financial, Gini Coefficient, Gini Coefficient, Ideology, Ideology, Inequality, Inequality, Inequality, Infrastructure, Infrastructure, Infrastructure, infrastructure, Infrastructure, Infrastructure, Jude Wanniski, Laffer, Laffer Curve, Liberals, liberals, Mexico, Mexico, Mexico, News, Newspaper, Obama, Obama, Paul Krugman, Personal, Reagan, Research, Research, Research, Research, research, Stimulus, Stimulus, Taxes, Taxes, Taxes, Taxes, Taxes, Trump, Virginia Tech, Wall Street Journal | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

The Need For Economic Reform

It seems to me…. “There is a need for financial reform along ethical lines that would produce in its turn an economic reform to benefit everyone. This would nevertheless require a courageous change of attitude on the part of political … Continue reading

Posted in Banks, Banks, Business, Business, Capitalist, debt, Economics, Economy, Finance, Finance, Finance, Financialization, Hedge Funds, Housing, Income, Inequality, Investment, Investment, Jobs, Mutual Funds, Regulation, Stimulus, Stock Market, Taxes, trade, Wall Street, Wealth, Wealth | Tagged , , , , , , , , , , , , , , , , , , , , , , | Leave a comment