Category Archives: Depression

Will Americans Choose Economic Growth and Prosperity – Or Economic Decline and Poverty?

Today, America is at an extremely critical juncture in our history.  We are a prosperous nation on the brink of economic decline.  We are currently in the midst of an exceptionally weak recovery, following the worst recession since the Great Depression in the 1930’s.  America is following a set of high tax and reckless spending policies that are creating astoundingly-high [...]
Also posted in America's Future, Choosing the Good Life, Economic Growth, Economy, Great Recession, Inflation, Interest Rates, Jobs, Taxes, Unemployment | Comments closed

Is Inflation Starting to Hit America?

It seems as if inflation has been relatively tame these last few years.  However, with increased big government spending come mounting deficits and unsustainable debt levels.  One way to deal with reckless spending, large deficits, and high debt is to monetize those problems with inflation.  New big government programs with massive new regulations, mandates, costs, [...]
Also posted in Double-Dip Recession, Economy, Food Industry, Inflation | Comments closed

Should Jobless Benefits Be Extended for the Eighth Time?

An editorial in The Wall Street Journal this week discusses the proposal to extend jobless benefits for the eighth time since the recession started.  This extension would mean the unemployed can collect benefits for up to 99 weeks, nearly two years.  Is this a good idea from an economics point of view?  Is this compassion?  Or, are [...]
Also posted in America's Future, Double-Dip Recession, Economic Growth, Economy, Jobs, Taxes | Comments closed

Low Interest Rates – Who Wins? Who Loses?

In The Wall Street Journal this week, an op-ed piece deals with the Federal Reserve’s policy of near-zero interest rates, presumably to help our very anemic and faltering economic recovery.  Are we really in an economic recovery?  Or, are we on the edge of a double-dip recession?  Or worse yet, are we entering a depression [...]
Also posted in Double-Dip Recession, Economy, Financial Sector Regulation, Interest Rates | Comments closed

Are We Entering a Depression?

Economist Paul Krugman in an op-ed column in The New York Times online edition indicates that he is fearful that we are now in the early stages of a depression, possibly the third depression in our history.  Krugman also appears to believe that the cause will be government policy mistakes.  Specifically, he sees the need for [...]
Also posted in America's Future, Economy, Jobs, Taxes | Comments closed