A young woman was about to finish her first year of college. Continue reading “Difference between Liberal/Socialist vs Conservative/Capitalist – ;-)”
Tag: Economic
Things having to do with economic / financial issues.
Our Tax System Explained: Bar Stool Economics
Given the news today of the Obama tax and spend proposal I thought I would share something I came across some time ago:
Suppose that every day, ten men go out for beer and the bill for all ten comes to $100. Continue reading “Our Tax System Explained: Bar Stool Economics”
Dilbert on Bailout…
What Does $700 Billion Look Like?
What $700,000,000,000.00 (seven hundred billion) looks like in cold, hard cash: Continue reading “What Does $700 Billion Look Like?”
Stimulus May Raise Your Rates
“Will anyone buy all the debt the government is issuing to pay for its bailout programs? If not, interests rates on a whole host of things could jump.”
Housing Prices Are Still Way Too High
The Housing Chart That’s Worth 1000 Words
“Here’s the big problem with almost all the current rhetoric about the housing crisis: It presumes that the goal should be to get house prices rising again. The problem with that idea is that, even after a 25% decline, house prices are still way too high.” Link
Confused about the credit crisis?
Here’s a good video that helps explain in simple graphical terms what has happened. It’s from http://crisisofcredit.com/
Recession to last several years?
Quoting the Fed: “All participants anticipated that unemployment would remain substantially above its longer-run sustainable rate at the end of 2011, Continue reading “Recession to last several years?”
Zenoch's View 