Posts Tagged ‘ government spending ’
"Europe fights back against austerity" was how The Daily Telegraph headlined its weekend election coverage. "Anti-austerity movements are gathering pace across Europe following political earthquakes in France and Greece. A total of 12 European governments have now been dismissed in three years."
As the European welfare state is officially in its ...read more
Austerity American Style
Jun 22nd, 2011 | By Whiskey Contributor | Category: Economics, Featured, Macro Economics
The artificially engineered U.S. recovery is already starting to falter as a fusillade of weakening data continues to shoot the economy full of holes. Recent numbers on GDP, durable goods, housing, regional manufacturing, initial unemployment claims and leading economic indicators all indicate a sharp slowdown in GDP growth. All this ...read more
The Timeliness of Another Ron Paul Presidential Bid
May 13th, 2011 | By Gary Gibson | Category: Economics, Featured, Politics
At 7:00 a.m. EST, Dr. Ron Paul announced his U.S. presidential candidacy. When asked why he’s running yet again, Dr. Paul answered, “Time has come around to the point where the people are agreeing with much of what I’ve been saying for 30 years. So, I think the time is ...read more
How to Profit on the Road to National Serfdom
Jul 6th, 2010 | By Dan Amoss | Category: Featured, Macro Economics
We’re fast approaching the critical 1,040 “support” on the S&P 500 – below which technical analysts tell us there is a dark abyss that includes a retest of the March 2009 lows.
The idea goes: If the S&P falls below 1,040, then we’re likely to revisit the lows below 700. Who ...read more
Forced Giving Isn’t Charity and It Causes Harm
May 14th, 2010 | By Don Stott | Category: Featured, Macro Economics, Politics
One of life’s most blessed things, is to give. I mean it! Giving, voluntarily, to a cause, person, group, or candidate, really gives one a sense of accomplishment. At least it does me. Regardless of ones economic situation, giving to who or what one considers important, is one of the ...read more
Greece a Canary in the Deficit Mine
Feb 16th, 2010 | By Adrian Ash | Category: Featured, Macro Economics
So, who gets to play Lehmans in this comedic repeat...?
Isn’t Greece marvellous?
Paying income tax, or any kind of tax it would seem, has been entirely optional. Which should have powered its economy like 1960s’ Hong Kong.
But public spending, however, accounts for 40% of GDP. So who financed that spending if ...read more

