The years 2006 to 2015 will be the slowest period of economic growth since 1930 to 1939, which clocked in at an average annual 1.33 percent growth. Already 2006 to 2014 comes in at an anemic 1.29 percent.
Read more ›Post Tagged with: “economy”
The Greek Bailout Will Fail, Again
Greece finds itself in the same demographic decline — with the working age population slowdown coinciding with the economic downturn — that Japan, the rest of Europe, and even the U.S. finds itself in.
Read more ›Why the Left Hates Entry-Level Jobs
Why does the Left hate entry-level jobs? That’s what many former fast food workers must be asking themselves after massive increases in the minimum wage in places like Seattle, Washington are being blamed for a wave of restaurant closures.
Read more ›God’s Law regarding Economics
When we study the Word of God, we find that it deals with every significant issue in life and every relevant area of life. Our goal as disciples of Jesus Christ is to know the whole counsel of God in every area of life so that we may comprehend and obey. It is actually a variety of heresy to only proclaim some of what the Bible proclaims.
Read more ›Light One Candle
The professional politicians, their casino capitalist cronies and the media/academic alliance that justifies and promotes their seizure of power have triumphed. The America we have known, the one we grew up in has been replaced by Saul Alinsky’s America and no matter how many times we click our heels and say, “I want to go home,” you just can’t get there from here.
Read more ›The Politics of Covetousness
It is widely known that Americans are spending themselves into debt slavery. For example, Bloomberg business reported last September that consumer debt was at an all time high of $3.2 trillion with credit cards and auto loans leading the pack. “Spending on repairs and net used cars has barely budged… But the fact that spending seems to be coming at the expense of more debt suggests Americans are putting themselves in a riskier financial position… an increasing share of that debt finances consumption that only declines in value.
Read more ›Don’t Tell Someone Else
In our new Omerica, I think I’ll join the winning side and try spending more than I make every day for the rest of my life and see how that works out. If I can just manage to get to where I owe so much that I’m too big to fail, I can start really living large on federal handouts, excuse me bailouts, excuse me stimulus.
Read more ›Dispelling Myths About the Free Market
From Prager University and Arthur Brooks of the American Enterprise Institute, some good information to dispel five myths about capitalism and the free market. With the proliferation of Marxism from the Left, this is information you as a freedom advocate can use. Sadly, you’ll have to educate a lot of “Republicans” about these basic truths, too, since the “Republican” establishment has gone all-in (at least semi-covertly) for the embrace of anti-free market poison.
Read more ›Fast Track Trade Authority: Not Getting the Full Story
Congressional Republicans claim fast-track trade authority for the president “would empower Congress to set our negotiating objectives and hold the administration accountable.” In reality, by passing fast track trade authority, members were ceding much of their legislative powers to Obama — something even Senate Majority Leader Mitch McConnell (R-Ky.), a supporter of fast track, has conceded is “an enormous grant of power.” Why would Congress do that?
Read more ›The Success of Freedom Investing
The factors that produce better economies have been discovered and re-discovered multiple times throughout history. Planned and controlled economies cannot allocate resources efficiently. A centralized planner cannot know and respond to all of the signals as quickly as when the problem is crowd-sourced via the free market.
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