America's Economic Future – A Discussion By Ted Kavadas
As a continuation of yesterday’s post, here are three other charts that I find disturbing in nature. These charts raise a lot of questions. Many of these questions I have discussed in the blog, as I believe they are very significant in nature. Additionally, these charts should highlight the “atypical” nature of our economic situation …
In the next two posts, I am going to display various charts that I find disturbing. These charts would be disturbing at any point in the economic cycle; that they depict such a dismal situation now – 9 months into what most believe is an economic recovery – is especially notable. Many more such charts …
Last Thursday, Alan Greenspan’s “The Crisis” paper (pdf) became available. I assume this is the paper that Alan Greenspan has previously spoken of, as seen in my previous post on his defense of his tenure. For now I simply want to post a link to the paper. I may further comment upon the paper at …
I would like to make a few comments regarding the health care legislation. I’ve written a few posts mentioning health care; here are the most substantive. First, as I’ve previously written, the health care system that we now have needed to be changed. It clearly has evolved into something that is unsustainable economically as well …
The March 1 edition of Fortune Magazine has an article titled “Alan Greenspan Fights Back.” The link is found here. I found the article interesting for a variety of reasons. As the article mentions, rarely has Greenspan addressed his purported culpability in creating the housing bubble and its accompanying impact on the economy. Greenspan’s tenure …
On October 16 I wrote a post titled “Tax Increases And Our Economic Situation.” That post can be found at this link. Some may wonder what tax increases I am referring to, as at least headline tax rates have yet to increase in many areas. Tax increases have been deferred for many reasons. Among these …
Here is poll (in PDF format) on economic conditions that I believe is highly notable. It is from CNN and was conducted February 12-15, 2010. The question presented was “How would you rate the economic conditions in the country today — as very good, somewhat good, somewhat poor, or very poor?” A total of 83% …
In the Wall Street Journal on Saturday, February 13 there was an editorial titled “High-Speed Spending.” This discussed the dubious financial dynamics of a long-proposed “high speed” Orlando-to-Tampa rail project. I also heard of a proposal to do a similar project between St. Louis and Chicago. I have lived in the Chicago area for most …
On February 10th an editorial by Scott S. Powell appeared in Investor’s Business Daily titled “Greece’s Crisis: A Warning To Profligate U.S.?” The link can be found here. I am highlighting this editorial as it discusses many important issues, most of which I have previously mentioned on this blog. As well, it compares our current …
On Saturday The Wall Street Journal had an editorial titled “Escape from Taxation.” The link is here. In the editorial, it is mentioned that higher-income people are moving out of New Jersey as the tax rate is increased. In my article “America’s Trojan Horse” found at this link, I discussed the widely-held fallacy that debt …