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Monthly Archives: December 2010
Which Deficit is Most Important?
Popular Economics Weekly All the talk of budget deficits really focuses on the wrong deficit. It is the output deficit of goods and services lost because of the Great Recession that is most important, not the state and federal budget … Continue reading
Posted in Consumers, Macro Economics, Weekly Financial News
Tagged budget deficit, GDP growth, personal income
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Is The Great Stimulus Debate Over?
Financial FAQs The stimulus debate over what form government aid should take to the recovery is only over for the moment. The headlines tell us both the rich and poorer among us will receive various tax breaks under the Democratic-Republican … Continue reading
Posted in Weekly Financial News
Tagged consumer credit, stimulus spending, tax rates
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Redistributing Great Wealth (is) The Path to Recovery
Popular Economics Weekly We are in the deepest economic malaise since the Great Depression. And there is a good reason for it. We also have the greatest maldistribution of wealth since 1928. Researchers are finding that the two—the greatest inequality … Continue reading