Category Archives: Economics

Is It Good To Be A Young College Student Today?

One could assume that life for a lot of young people who are currently going to college has materially improved over the last decades and centuries. According to the Census Bureau, life expectancy in 2008 stood at 78 years, which … Continue reading

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Remarks on President’s Deficit Reduction Speech

‎”This is not class warfare. It’s math. (…) I will not support — any plan that puts all the burden for closing our deficit on ordinary Americans. And I will veto any bill that changes benefits for those who rely … Continue reading

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Debt Ceiling, Political and Economic Crisis

I have been following very intently the political process here in America, and I am honestly very dismayed about what kind of political game is being pulled off. Congress now passed a debt ceiling raise, which has been a fabricated … Continue reading

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The Fetish of Housing

The housing market collapsed a few years ago, lending for new housing is tightened up and the home values are plummeting. Yet, America is the country with the highest homeowner rates in the world, i.e. 67% of the population.1 Housing … Continue reading

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Three Types of Conservatives

There are really three types of conservatives out there, and knowing that they are different is important to understand. The material issues are fairly clear. The wealthiest people in this country are making more money than ever before, and are … Continue reading

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Global Capitalism

There are those who relentlessly believe that globalized capitalism will be our way into the future, and that life has become tremendously better through capitalism, and that if we unleash global capital we will all benefit from this. There is … Continue reading

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Quote on The Value of Marx And Sanders’ Question

Today, I was wrestling with Bernie Sanders’ question, and that is why American people despite all the gains made in productivity, free trade and globalization have to work longer hours for fewer pay? Karl Marx gave the answer 150 years … Continue reading

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