Tag Archives: GW Bush presidency

The Ryan Budget Myth and Obamacare

Popular Economics Weekly Representative Paul Ryan has come up with his latest Republican budget proposal, and it changes nothing. It neither promotes economic growth, nor reduces the budget deficit, as with past Republican budget proposals. That’s because its real target … Continue reading

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Greenspan’s Greed and The Federal Deficit

Popular Economics Weekly The deficit this year is expected to be $514 billion— just 3 percent the size of the economy and significantly less than the $1.4 trillion deficit Congress ran up when it pumped stimulus into the economy in … Continue reading

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Weak Employment–American Austerity at Work

Popular Economics Weekly Is economic growth grinding to a halt, even as pundits predicted better growth in 2014? Nonfarm payrolls have advanced just 188,000 over the past 2 months, when this was the average montly increase in prior months. It … Continue reading

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Equality Is Good For Everyone!

Popular Economics Weekly It looks like some states are beginning to take the equality issue seriously again. Massachusetts just raised their minimum wage to $10 per hour, California is raising it to $8.25 over 2 years, with New Jersey and … Continue reading

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Austerinomics, the Anti-Growth Orthodoxy

Financial FAQs The Federal Reserve Open Market Committee has just said it in the press release from its latest committee meeting in an otherwise ‘moderately’ upbeat announcement: “Household spending and business fixed investment advanced, and the housing sector has strengthened … Continue reading

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Ryan’s 19th Century Budget Plan

Financial FAQs Republican Paul Ryan’s 2011 budget plan is being trotted out by House Republicans once again. In spite of the sequester cuts and a declining budget deficit, Ryan wants to create even more economic austerity. Representative Ryan and House … Continue reading

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Why Shouldn’t the Fed Do More?

Financial FAQs Fourth Quarter Gross Domestic Product growth was a bust. And so cries are rising for the Federal Reserve to do more to promote growth (since Congress and the White House can’t or won’t). Actually the Fed has done … Continue reading

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Romney-Ryan Austerity Leaves Out 47 Percent

Popular Economics Weekly It should be obvious by now that the Romney-Ryan program of fiscal austerity—cutting government spending, while cutting taxes in the hope businesses and their investors will invest more of their wealth—can’t work. Latest evidence is the just … Continue reading

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It’s Ryancare vs. Obamacare

POPULAR ECONOMICS WEEKLY Will Ryancare replace Obamacare? Ryancare could become the campaign buzzword with Mitt Romney’s choice of Wisconsin Republican Paul Ryan as his Vice Presidential candidate. Ryancare is bringing budget-cutting austerity that Paul Ryan once called his “Path to … Continue reading

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Romney’s 5-Point Plan—Very Primitive Economics

Financial FAQs Romney’s “Five Point Plan to Grow the Economy” that he touts on his website, is primitive economics almost beyond belief. It returns us to 19th century government of the few by the few with few regulations or insurance … Continue reading

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