On May 18 The Wall Street Journal had an article on a new lead-paint law titled “New Lead-Paint Law Heavy on Budgets.” This law serves as a good example of an important issue I wrote of in my May 2009 article “America’s Economic Future – ‘Greenfield’ or ‘Brownfield’?” In that article I wrote of the … Read moreEconomic Impact Of Policies
Crain’s recently came out with their list of the largest Chicago-area employers. What I found notable was that the top 5 employers are various government entities (federal, state and local). Of course, this situation is not unique to the Chicago area. Many states have a large percentage of their total jobs as government jobs. While … Read moreLargest Employers
As a follow-up to yesterday’s post, here is a passage from Larry Summers’ March 13, 2009 speech that speaks of the importance of economic strength in achieving broader societal goals: “Our single most important priority is bringing about economic recovery and ensuring that the next economic expansion, unlike it’s predecessors, is fundamentally sound and not … Read moreAmerica’s Economic Future
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 … Read moreTax Breaks And The Economic Greenfield vs. Economic Brownfield Concept
One of the questions I received when I first started this blog is why I didn’t choose to discuss the global economic future, as opposed to America’s Economic Future. This is a good question. In essence, I do believe its focus is on the global economic future, as not only is the United States (obviously) the … Read moreThe Global Economic Future
I will comment frequently on Ben Bernanke, due to his position, but perhaps more importantly, because of his stated theories, beliefs, and ideologies. It seems to me that the handling of The Financial Crisis certainly has the “fingerprints” of Ben Bernanke all over it. In fact, I believe that perhaps no other person’s ideologies have ever played … Read moreIn Ben We Trust?