Tag Archives: Great Recession

Faith-based Politics

Dang. I know it’s not polite to brag, I told you so, but I just can’t help it. For most of the last four years I’ve been blogging, progressives (a group I admit having joined in the process) have been … Continue reading

Posted in Economics | Tagged , , , , , , , , , | 7 Comments

There but for the grace of God . . .

As readers of this blog with an interest in economics will know, the Republican-controlled House recently passed a bill slashing funds for the food-stamp program by $40 billion over the next ten years.  The reasons given by conservatives included “costs … Continue reading

Posted in Economics | Tagged , , , , , , , , , , | 10 Comments

A Simple Picture

Trying to make sense of economics, the dismal science, is a pretty thankless task, especially with the sharp political divide in Washington and the myriad ways of expressing statistics. Nevertheless, with the Great Recession and stubbornly high unemployment, economics is … Continue reading

Posted in Economics | Tagged , , , , , , , , , , , , | 24 Comments

A Spender’s Memoir

Consumers know that it is psychologically easier to spend with plastic than it is with cash.  Cash seems more real, does it not?  Why is that?  I would say that the difference is the time factor.  With cash, the money … Continue reading

Posted in Economics, Fiscal Policy, Politics | Tagged , , , , , , , , , , , , , , | 16 Comments

A Taxing Subject

In today’s Joplin Globe, Robert Reich makes his case that,    “. . . rather than depress economic growth, higher taxes on the rich correlate with higher growth.” He adds, During almost three decades spanning 1951 to 1980, when the … Continue reading

Posted in Economics, Taxes | Tagged , , , , , , , , , , , | 1 Comment

Flip That Bank!

In political blogging about the Great Recession it is a common thread to find someone or something to blame.  Amidst all the mud-slinging and counter-arguing the easiest thing for the beleaguered voter to do is to blame the president.  He … Continue reading

Posted in Economics, Federal Government, Fiscal Policy | Tagged , , , , , | 3 Comments