America's Economic Future – A Discussion By Ted Kavadas
In August, I wrote an article titled “America’s Trojan Horse” which can be found listed along the right-side of the homepage as well as at this link: https://www.economicgreenfield.com/americas-trojan-horse/ This article had to do with various facets of our national debt, many unexplored. Here is an excerpt that I would like to further comment upon: “The first …
I would like to briefly expand on a couple of points I made in my recently posted “America’s Trojan Horse” article (which can be found listed along the right-hand side of the main page.) First, I wrote, “There also appears to be a growing insensitivity to higher deficits and debts.” This is alarming, as sums of …
I just posted a new article titled “America’s Trojan Horse.” The subtitle is “A Different Look At The National Debt.” It can be found under the “Pages” section along the right-hand side, as well as at this link: https://www.economicgreenfield.com/americas-trojan-horse/ The article goes well with many of the themes presented on this blog, including Sustainable Prosperity, America’s Economic …
Businesses have reacted to the tumultuous economic conditions in many ways. A logical action has been to reduce cash outlays to a level appropriate to what the new economic conditions seemingly warrant. Along these lines, expenses have undergone scrutiny and in many cases have been cut, in order to preserve cash as well as improve profitability …
In addition to the adversity and financial strains suffered by firms during this period of economic weakness, there exists significant uncertainty on many fronts. As mentioned in the last post, many businesses would find any further economic weakness to pose a formidable challenge. Although economist forecasts are predicting a weak economic recovery from here, economic forecasts have proven less than accurate the last …
The economic weakness that has occurred has caused a significant amount of financial damage. This can be seen in a variety of indicators and statistics, such as widening credit spreads, defaults, credit downgrades, etc. These worsening conditions have been accompanied by a curtailed (in many cases severely) access to credit. Whereas credit and other types …
The economic weakness that accelerated in the latter months of 2008 and into 2009 played out in a very “tricky” fashion. Very few mainstream economists foresaw what would happen. A testament to the complexity of the situation as 2008 progressed was the business shows airing arguments during the summer as to whether the economy was even in …
“As unemployment approaches 10%, what is less well publicized is that the number of “underutilized” workers in the U.S. has increased dramatically from 15 to 30 million. Those without jobs, as well as those individuals who only work part-time and have become discouraged and stopped looking, total 30 MILLION people. The number is staggering.” -Bill …
Here is a recent story from BusinessWeek, “Will Tax Breaks Boost Jobs?” As seen in my article (with italics added for emphasis) “America’s Economic Future – ‘Greenfield’ or ‘Brownfield’ ?” “One way to determine whether an economic “greenfield” environment exists is whether businesses are thriving and multiplying naturally – with an indicator being that they are choosing …
I Warren Buffett’s July 9th interview on CNBC http://www.cnbc.com/id/31836625/ to be interesting, especially when he says: “And it’s very important the economy gets, comes back. It will come back. Government has less influence on how fast that happens than a lot of people would like to hope that it would. But government is a player, …