Category Archives: Economy

Taxes are Going Up – But Will Deficits and Debt Go Down?

By Gerard Francis Lameiro | Published: May 16, 2010
Lots of people have been calling for new taxes and tax increases at the Federal, state and local levels.  We also know that Washington will allow the Bush tax cuts to expire soon.  So, taxes are going up.  No doubt about it.  But, as our taxes go up and up, will our deficits and debt decline?  [...]
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The $1 Trillion Euro-Bailout, Riots in Greece, and Turbulent Markets – Should Americans Care?

By Gerard Francis Lameiro | Published: May 10, 2010
An editorial piece in The Wall Street Journal this week states that: “The EU’s bailout postpones the day of fiscal reckoning.”  What does that mean for Europe and for America?  What do they mean by a day of fiscal reckoning?  Plus, why were Greeks rioting any way?  And, why should that make our markets so turbulent?  Should Americans really care [...]
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Stock Market Crashes – What’s Going On?

By Gerard Francis Lameiro | Published: May 6, 2010
The stock market crashed!  The market went from bullish to bearish in a flash!  The Dow was down about 1000 points at one point during the trading day, closing at about 347 off for the day.  All 30 Dow component stocks were down, Bank of America was down around 7%.  What happened?  Why so fast?  [...]
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Fox News Channel Interview – Great People, Enjoyed Doing the Interview

By Gerard Francis Lameiro | Published: April 29, 2010
Earlier this week, I had the opportunity to be interviewed by Fox News.  It was a great experience and the Fox News Channel staff were terrific people.  If you’re interested in learning more about the interview, please read on. The live interview took place last Tuesday and went about 15 minutes from roughly 1:45 pm – 2:00 pm EDT.  [...]
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Is a VAT Tax Back on the Table?

By Gerard Francis Lameiro | Published: April 22, 2010
A recent Yahoo news story suggests that President Obama might consider a VAT (or Value-Added Tax) – essentially a National Sales Tax.  Recently, former Federal Reserve chairman Paul Volker brought up the topic of a VAT tax as a potential way to boost taxes.  But, others thought much differently, including the U.S. Senate that voted overwhelmingly 85-13 last week in [...]
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Green Jobs vs. Blue Jobs – Which Jobs Are Better for America?

By Gerard Francis Lameiro | Published: April 20, 2010
An article in The Wall Street Journal this week discusses the fact that despite considerable hype over green jobs and government spending, green jobs are just plain scarce.  Indeed, renewable energy rhetoric has run into real world reality!  Is anyone surprised? The President wants to create millions and millions of green jobs, and in fact, some money from the $787B stimulus [...]
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Is the Outlook for Jobs Very Bleak?

By Gerard Francis Lameiro | Published: April 12, 2010
An opinion piece in The Wall Street Journal this week paints a very gloomy picture for jobs in America.  According to the article, at least one third of the 162,000 new jobs created in March were temporary census jobs and the actual new jobs created were insufficient to keep up with population growth.  In addition, [...]
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Congress Passes Health Care – What’s Next?

By Gerard Francis Lameiro | Published: March 22, 2010
Congresses passed the health care bill last night, voting to effectively take over and socialize America’s health care industry and voting against the clear will of the American people articulated in poll after poll.  What can we expect next? Constitutional Tests.  First, we can expect that the new law just passed by Congress will be signed by the President and [...]
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The Constitution, Economic Freedom and Health Care “Reform”

By Gerard Francis Lameiro | Published: March 17, 2010
Health care “reform” continues to be at the top of the news.  Constituents are flooding Congressional phone lines.  The debate rages on.  Last week, I made a strong case against so-called health care “reform” outlining 14 key points.  Today, I want to take a step back and focus on health care “reform” from two critically important vantage points: our [...]
Also posted in Health Care System, News | Comments closed

Will America Run Out of Sugar? The Situation is not Very Sweet

By Gerard Francis Lameiro | Published: March 15, 2010
The Wall Street Journal reported today that some companies are concerned that the government’s quotas on sugar imports might result in America running out of sugar.  So, what’s going on with sugar any way?  What’s the problem? Well, the situation is not very sweet.  Instead of a completely free market in sugar, America’s USDA regulates how much sugar [...]
Also posted in Agriculture, Import Quotas, Tariffs | Comments closed