Or, Why Government Spending Is Bad for the Economy. Behold: Though President Barack Obama has spent trillions of dollars, the U.S. economy is stagnant, fewer people are employed than when he became president, the percentage of people unemployed for over a year has doubled since then, the poverty rate is the worst in two decades,…Details
Rand Paul giving Geithner something to cry (or at least blush and deflate) about:
The Consumer Price Index (CPI) is a method by which economists determine the effects of inflation (the increase in price of goods over time) on household spending. It has provided a somewhat reliable way to determine how money is losing value. The problem is, today’s CPI no longer reflects inflation, as it was gutted by…Details
You can make a throne of bayonets, but you can’t sit on it for long.
Elvis Costello – What’s So Funny ‘Bout Peace, Love and Understanding?
City & Colour – Natural Disaster
Also, this…. HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA How dumb are people, honestly? I don’t come right out and say it often, but it really seems like there are no bounds to how ignorant people can be about the fundamentals of an economy. Like these clowns: let’s make everything free, because then scarcity won’t be a problem! Copyrighted under Creative…Details
I swear I will update some this weekend. It’s been a busy week!
RON PAUL 2012!
Your lecture of the week this week is replaced by this discussion of the OccupyWallStreet Movement, and the slight correction they need to really create change in the system…