So we always learn of the different possible effects that could cause the US economy to be spiraling downwards, but what effects are actually combining to produce our present-day, screwed economy?
Let’s take a look at the domino effect.
So what’s the biggest thing that our AP Econ class has discussed so far? It had to do [...]
Continue reading about Domino’s A-Crashing and I Don’t Mean the Pizza »
The Fed has begun to institutionalize a new revolution of monetary policy.
Previously, the Fed has only really been a big factor by lending out to banks, or by being the bankers’ bank. Right? Well not anymore! The Fed has begun to pursue a policy of keeping the economy afloat with new radical measures.
In the short [...]
A double-digit interest rate for government bonds?! In fact this website says its a 60% Government Bond.
After my dad got up from using my laptop, I saw this website open and realized that it was talking about the same government bonds that we were discussing in class. Whether this website is legit or not, I’m not gonna [...]
We talked about it in class and here’s an article that exactly describes what Mr. Welker has predicted to come about from the fiscal stimulus package. So the $168 billion dollars Congress is giving back to consumers in forms of tax rebates is great isn’t it? More money, more disposable income?
Whatever the size of the rebate checks, [...]
Continue reading about Fiscal Stimulus is not Stimulating Enough »
Fiscal Stimulus Package Denied. The economy that so badly needed a push back into growth has been denied that package by the Republicans in the Senate. The politics of this debate is coming open as Democrats openly support a more expansive package while Republicans are more hesitant of who gets aid.
The package needed 60 votes under Senate rules [...]
Continue reading about Who ordered some relief? Cuz you ain’t getting it. »
The US Government has instituted a new farm plan called Environmental Quality Incentives Program, also known as EQIP. It is aimed at giving farmers an environmentally friendly way of controlling their manure, or… animal crap.
And, in fact, when the program was created as part of the 1996 farm bill, that’s exactly what it was. At the time, the [...]
The US Economy gets nailed by the trifecta: threat of housing, pricey oil and tightening credit.
As in my previous blog post mentioned, oil prices have surged increasingly high lately. Consumers and firms alike have been affected by the housing slide, increase oil prices, and tough credit. Not only are the consumers directly affected, but even [...]
What does the America need more than any other country?
Oil.
A resource that is scarce enough as it is. Any American knows the strain of having to pay that $3 per gallon. It adds up and is already expensive enough. Now there seems to be a problem in the world the government cannot solve by invading [...]
Social Security is $13 trillion short
Social security is no new problem. Government officials have long foreseen a problem looming with the lengthening lifespan of the average adult and especially with the 78 million baby boomers about to retire. The social security program, for those of you who don’t know or haven’t taken US History, is [...]
Continue reading about Where the %&$# is my Social Security!? »
