I understand that there are indicators predicting that the country will be out of this recession by the end of the year. I have been noticing some signs of things turning around already myself. So, don’t panic! I’m pleased to know that President Obama is concerned about the national debt, even in the present situation.
Tag: economics
The Economy: What’s Going On?
I’m concerned about the economy. The picture that seems to coming out isn’t a positive one. Here’s my attempt at capturing the situation as best as I can. Essentially, certain governmental policies and actions taken by the Federal Reserve in the past created a situation in which financial institutions had more incentive to make high
Sources of Current Economic Troubles
This article has a pretty good concise brief overview of the source of our current economic troubles: Downsize DC: What You’re Not Being Told
Economics: So What’s the Problem For Me?
Just a couple of weeks ago, the Federal Reserve called a special meeting in order to cut the interest rate by three-quarters of a percent. (I won’t explain here, but the Fed’s interest rate is the primary controllable variable which has a significant impact on the economy.) While that may well not mean much to
Immigration
Immigration has been a hot topic recently. To be honest, I’m not completely sure what all the issues and arguments are on each side. As I recall, last year there was some political pressure to crack down on immigration and illegal aliens. Though legislation would apply to any non-citizen, concern seems to be mostly about