A Story Illustrating Sustainable Prosperity
The following story in The Wall Street Journal illustrates the concept of Sustainable Prosperity for one area: http://online.wsj.com/article/SB124545809871533075.html SPX at 896.42 as this post is written
America's Economic Future – A Discussion By Ted Kavadas
The following story in The Wall Street Journal illustrates the concept of Sustainable Prosperity for one area: http://online.wsj.com/article/SB124545809871533075.html SPX at 896.42 as this post is written
In the last post, Warren Buffett commented what he was seeing with regard to signs of an upturn. This link contains what John Rice, Vice Chairman of GE recently (6/19) said: “I am not particularly of the green shoots group yet,” Rice said today to the Atlanta Press Club, referring to a phrase used by Federal Reserve …
One of the questions that seems to be popular since the economic events of 2008 is whether we are in a Depression. As such, for the next few posts I will be commenting on the topic. Here are two links that indicate that we are not in a Depression: http://seekingalpha.com/article/142831-great-depression-ii-it-s-not-even-close?source=email http://www.calculatedriskblog.com/2009/06/update-what-is-depression.html Yet, as indicated in this …
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 …
This story, “On Borrowed Time : Consumer-Led Recovery” was in The Wall Street Journal on June 9. I found the chart and its implications to be interesting. One is led to wonder “how much gas is left in the tank” with regard to Household Debt as a Percentage of Disposable Income. This is especially an issue with “Income” and …
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 …
John Taylor wrote the following article “Exploding Debt Threatens America”: http://www.ft.com/cms/s/0/71520770-4a2c-11de-8e7e-00144feabdc0.html?nclick_check=1 Although I don’t agree with some of his figures and reasoning, the central point is important: This debt level is a serious problem. It also illustrates the difficulty of ridding ourselves of this level of indebtedness. These issues will likely get greater attention now that sovereign debt …
One term that I will use very frequently is “Sustainable Prosperity.” The term exemplifies the ultimate goal of what our national policies should be seeking to attain.