Tag Archives: Keynes

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

Trump Just Doesn’t Get It

It seems to me…. “We must speak our minds openly, debate our disagreements honestly, but always pursue solidarity.” ~ Donald Trump[1]. I have avoided directly commenting on Trump’s performance as U.S. President for quite some time. While believing his actions … Continue reading

Posted in AI, AI, Artificial Intelligence, Asia, Automation, Barack Hussein Obama II, Bernie Sanders, Budget, Carmen Reinhart, China, China, Climate, Clinton, Deficit, Deficit, Donald Trump, Economy, Elections, Employment, Environment, Federal Reserve, Global Warming, Globalization, Globalization, Harassment, Harvard, Hillary Clinton, Homosexual, Honesty, Howard Stern, Immigrant, Immigration, Inequality, Intelligence Agencies, John Maynard Keynes, Kenneth Rogoff, Keynes, Less-Educated, Lies, Lies, Manchurian candidate, Marco Rubio, Mental Health, Minorities, Muslim, News, Obama, Paranoia, Populism, President Vladimir Putin, Putin, Recession, Refugee, Russia, Russia, Schizophrenia, Sex, Sexual Assault, Sexual Misconduct, Taxes, Technology, Ted Cruz, trade, Trans-Pacific Partnership, Trump, Virgil, Voters, World Trade Organization, World Trade Organization, World Trade Organization, WTO | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 2 Comments

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

Fiscal Crisis Response

It seems to me…. “A clear lesson of history is that a ‘sine qua non’ for sustained economic recovery following a financial crisis is a thoroughgoing repair of the financial system.” ~ Janet Yellen[1]. Every major economy realized by late 2008 … Continue reading

Posted in Debt, Debt, Deficit, Economic, Economics, Economy, Fiscal, John Maynard Keynes, Keynes, National, Recession, Recovery, Recovery, Stimulus, Stimulus, Taxes | Tagged , , , , , , , , | Leave a comment

Fiscal Crisis Response

It seems to me…. “A clear lesson of history is that a ‘sine qua non’ for sustained economic recovery following a financial crisis is a thoroughgoing repair of the financial system.” ~ Janet Yellen[1]. It was realized in every major … Continue reading

Posted in Austerity, Austerity, Barack Hussein Obama II, Debt, Deficit, Economics, Economy, Financial, Fiscal, Fiscal Policy, John Maynard Keynes, Keynes, Obama, Recession, Recovery, Stimulus, Stimulus, Taxes, Wealth | Tagged , , , , , , , , , , , , , , , | 3 Comments

Stimulus Still Beneficial

It seems to me… “But to-day we have involved ourselves in a colossal muddle, having blundered in the control of a delicate machine, the working of which we do not understand.  The result is that our possibilities of wealth may … Continue reading

Posted in Budget, Conservatives, Crisis, Debt, Deficit, Economic, Economy, Employment, Federal Reserve, Financial, Growth, Jobs, John Maynard Keynes, Keynes, Long-Term, National, Recession, Recovery, Recovery, Stimulus, Unemployment | Tagged , , , , , , , , , , , | 5 Comments

Economic Recovery

It seems to me… “Economic growth without social progress lets the great majority of people remain in poverty, while a privileged few reap the benefits of rising abundance.”  ~ John F. Kennedy. Despite all the political rhetoric to the contrary, … Continue reading

Posted in Budget, Conservatives, Debt, Economy, Employment, Equity, GDP, Globalization, Home, Infrastructure, Jobs, Keynes, Middle Class, Recession, Recovery, Recovery, STEM, Stimulus, Stock Market, TARP, Technology | Tagged , , , , , , , , , , , , , , , , , , | Leave a comment