economic

A Federal Government Imposed Recession

A Federal Government Imposed Recession

By Doc Vega The United States had an opportunity to turn around an ailing economy and fix a disastrous foreign policy, but after the re-election of President Obama all bets are off. This rigid ideologue is committed to forcing America [...]

Less than a “Deal”

Less than a “Deal”

Three days ago as 2013 raced up upon us, the infamous ‘Fiscal Cliff’ was brought to a halt by the passing of a less than evenly negotiated deal. After all, Obama and Senate Democrats barely budged on their tax increases [...]

White House Statement on May Unemployment

White House Statement on May Unemployment

Statement on the Employment Situation in May    WASHINGTON, DC – Alan B. Krueger, Chairman of the Council of Economic Advisers, issued the following statement today on the employment situation in May. You can view the statement HERE.     The Employment [...]

If the United States were a stock, America, Inc would have a 44 Trillion Negative Net Worth

If the United States were a stock, America, Inc would have a 44 Trillion Negative Net Worth

Mary Meeker has created quite a buzz with her cover story this week in Bloomberg Businessweek.  It is based on her analysis of the U.S. as if it were a corporation.  Her assessment? The bottom line on USA Inc.? Cash [...]

Government sees Healthcare benefits swamping economy

Government sees Healthcare benefits swamping economy

Government sees Healthcare benefits swamping economy The United States will find little relief from its bleak long-term fiscal outlook so long as growing federal healthcare and retirement programs gobble up more and more of the country’s resources, said a new [...]

Japan Quake / tsunami will cost $235 billion or a third of Obama stimulus disaster

Japan Quake / tsunami will cost $235 billion or a third of Obama stimulus disaster

On top of the estimated 10,000 lives that will be lost because of Japan’s devastating earthquake and tsunami, as well as the deepening nuclear crisis, the country will see heavy economic losses. Economists estimate that the direct economic hit will [...]

The Failure of the Liberal Economic Experiment?

The Failure of the Liberal Economic Experiment?

The plunge in the U.S. economy in 2008 and 2009 became an irresistible opportunity to pronounce the failure of the form of capitalism that emerged at the end of the 20th century. “One had expected competition and abundance for everyone, but instead one got scarcity, the triumph of profit-oriented thinking, speculation and dumping,” said Nicolas Sarkozy, the president of France. The current crisis, he noted with a certain pleasure, signaled the end of the “illusion of public impotence” and the “return of the state.”