Monthly Archives: July 2013

It Is Not a Privilege to Be Poor

Let me use this post to voice my objection about poverty. I have written some things about poverty before, but I have never ventured to make a personal account of it. How does poverty feel like? I can not relate … Continue reading

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Debate on Cutting Public-Sector Jobs

This is a Facebook debate I was having with a friend about the impact of hospital staff cuts in public Louisiana hospitals. (Link to the article: http://itsoureconomy.us/2013/07/hospital-privatization-in-louisiana-leads-to-hundreds-of-lost-jobs-lower-pay-less-benefits/). Michael Ramos: However, everyone who utilizes these hospitals will likely rake in that saved money … Continue reading

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The Emerging Markets Are Not Going to Save the World Economy

When the Western economies, including Europe, North America and Japan, went into a severe recession in 2008, early accounts emerged about the the possibility of the emerging economies, or the BRICS (Brazil, Russia, India, China, and South Africa), to propel … Continue reading

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The Entitlement Programs are Not Going Bankrupt

A very common argument among the political right is that the entitlement programs, especially Social Security and Medicare, are in deep trouble, because Social Security (SS) will not be able to fund the full benefit amount by 2024 (Greszler 2013), … Continue reading

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The Third Debate on the Minimum Wage

The minimum wage debate does not seem to disappear. I am continuing my arguments with fellow Facebookers, and find in these contributions young, very educated and very intelligent college students, who have completely absorbed neoliberal propaganda, a la Greg Mankiw … Continue reading

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