Category Archives: Double-Dip Recession

Are We Heading into Another Great Recession in 2011?

Donald L. Luskin presents powerful evidence in The Wall Street Journal this week that the current stock market is tracking very closely to the stock market in the 1930’s.  Of particular concern are two critical economic policies that might help trigger another Great Recession in 2011.  Remember, the National Bureau of Economic Research announced a month [...]
Also posted in America's Future, Choosing the Good Life, Economy, Free Trade, Great Recession, Taxes | Comments closed

Is the Great Recession Over? Will the 2nd Great Recession Start in 2011?

The Wall Street Journal reported this week that the National Bureau of Economic Research (NBER) has officially announced that the recession was over in June 2009 (more than a year ago).  This is the group that attempts to accurately determine when recessions begin and end.  According to The Wall Street Journal, NBER also stated that [...]
Also posted in Economy, Great Recession | Comments closed

Will Another $50 Billion Stimulus Kick-Start Our Economy?

Jobs.  Jobs.  Jobs.  It’s at the top of all the headlines this week.  It’s the number one story and it’s being debated coast-to-coast.  President Obama is proposing another $50 Billion stimulus package for roads, runways, and railways to boost our economy - in other words – to create jobs by building our transportation infrastructure.  The president [...]
Also posted in America's Future, Economic Growth, Economy, 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 Depression, Economy, Food Industry, Inflation | Comments closed

High Unemployment, Empty Storefronts, For Sale Signs – When Will We Recover?

Driving around town the signs are obvious.  “For Sale” signs that sit for months on poorly kept lawns.  Empty storefronts with empty parking lots that painfully remind us of a few years ago when times seemed better.  Plus, we hear about high unemployment all the time – 9.5% nationally, 14.2% in Nevada, 13.2% in Michigan, and 12.3% in California [...]
Also posted in America's Future, Economic Growth, Economy, Financial Sector Regulation, Health Care System, Jobs, Taxes, Uncategorized, Unemployment | Comments closed

Why Do Higher Tax Rates Often Lead to Lower Tax Revenues?

It’s really counter-intuitive.  But, raising tax rates, leads to lower tax revenues for the government and lower economic growth for the economy.  Well-known economist Arthur Laffer reminds readers of this fact in an article in The Wall Street Journal this week.  The article includes lots of data for the skeptics too.  If you get a [...]
Also posted in Economic Growth, Economy, Jobs, Taxes, Unemployment | 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, Depression, Economic Growth, Economy, Jobs, Taxes | Comments closed

Economic Optimism Down – 17 Month Low – Why?

SPECIAL BLOG POSTING Investor’s Business Daily reported this week that economic optimism is down to a 17 month low, according to the IBD/TIPP Economic Optimism Index.  Separately, small business confidence is also declining with a lower sales outlook, according to the National Federation of Independent Business.  Why has economic optimism declined?  Are these results unexpected?  Let’s [...]
Also posted in America's Future, Economy, Jobs, Taxes, Unemployment | 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 Depression, Economy, Financial Sector Regulation, Interest Rates | Comments closed