All Posts Tagged With: "economy"
The Dope on National Debt Revisited
In light of the gloom and doom IOUSA movie released last week, I thought it relevant to repeat my post from March on National Debt. Check out these statistics. You think you have debt problems.
The post:
Are you sitting down?
The US National Debt is 9.5 trillion dollars. If you divide that by the U.S. population, that […]
Lisa | 6 comments | Continued
I.O.U.S.A. - A Fathom Event with Warren Buffett
I.O.U.S.A. looks to be an intriguing one night event.
“May be to the U.S. Economy what An Inconvenient Truth was to the environment.” - Reuters
Here’s the rundown:
I.O.U.S.A.: LIVE with Warren Buffett, Pete Peterson & Dave Walker
8/21/2008
Fathom and Roadside Attractions present I.O.U.S.A.: Live with Warren Buffett, Pete Peterson & Dave Walker in an exclusive one night event […]
Lisa | 0 comments | Continued
Walmart Mobilizes Against Democrats
Walmart is holding nationwide meetings with its employees for the purpose of encouraging them to vote Republican in November.
So states the Wall Street Journal, after speaking with several Walmart employees.
The “Walmart word” is that if a Democratic President is in office, a proposed piece of legislation called The Employee Free Choice Act will pass.
The Free […]
Lisa | 2 comments | Continued
Cash for Clunkers - A Great Idea
Alan Blinder of the New York Times is proposing a new eco-friendly stimulus package called Cash for Clunkers. He describes it as “the best stimulus idea you’ve never heard of.”
I agree. The plan in a nutshell:
“Cash for Clunkers is a generic name for a variety of programs under which the government buys up […]
Lisa | 7 comments | Continued
Finally Some Relief for Struggling Home Owners
Finally, it’s the victim’s turn. The New York Times reports that the senate is about to pass a bill assisting suffering homeowners, and it’s a good one.
You’ll be able to cancel your subprime mortgage and replace it with a new fixed rate mortgage at 90% of your home’s current value.
There are other benefits for […]
Lisa | 2 comments | Continued
The Final Punch - Inflation
The last year has not been easy. What was a flourishing economy turned out to be nothing more than another fabricated economic bubble, inflated beyond recognition.
It was a nice dream while it lasted. The bottom feeders, subprime lenders and the like, were thriving, but so weren’t many of us.
I know for me, my […]
Lisa | 6 comments | Continued
Fight Back Against Walmart - When Does the Cost of Being Frugal Become Too High?
When I was growing up there were certain kids on the playground that ruled. They were the the bullies, the ones who either physically - for the boys- or verbally - for the girls - took control by plain force or other more devious means. Out of fear, I often joined in - because who […]
6Jul2008 |Lisa | 8 comments | Continued
Nickel and Dimed - Service Workers Adjust to Lower Tips
If you make your living in the service industry, you’re economic woes are going doubly deep.
“People can’t afford to be generous right now,” says Susan, a server at a Boston restaurant. “They’ll leave the 15%, but you don’t get the 20% tippers too often anymore. I guess it’s going into their gas tanks.”
The […]
Lisa | 3 comments | Continued
The Dope On Stagflation
(This is a repeat of an article I published March 1st, with some modifications)
From 1969-1982 the United States experienced its worst economic slow down since the depression. Deemed as a period of stagflation (stagnation + inflation),Richard Samuelson, in a recent Newsweek article, described it this way: “a spiraling combination of high (or rising) inflation, high […]
Lisa | 3 comments | Continued
The Dope on National Debt
Are you sitting down?
The US National Debt is 9.5 trillion dollars. If you divide that by the U.S. population, that means each American owes 31 thousand dollars. We are all paying interest on this money through our taxes.
The government adds to the national debt by not balancing the budget each year. Its current budget […]
Lisa | 12 comments | Continued
