The fiscal cliff was always a terrible job-destroying idea that also began to unravel the safety net by cutting Medicare. Everyone involved in creating the fiscal cliff acted irresponsibly and inhumanely in seeking to inflict austerity, cause a recession, and unravel the safety net.
Small businesses won't have anyone in their corner if the Department of Commerce, with its close ties and loyalties to large corporations, absorbs the SBA. Small businesses stimulate job growth, and without a specific entity supporting them, our economy can't improve.
In order to avoid a recession that would aggravate the country's unemployment problem and reignite concerns about housing and household finances, Democrats and Republicans need quickly to find a way to work together. While possible, it is hard to see how this happens endogenously.
How have the U.S. middle classes even vaguely been able to sustain their living standards? Answer: by taking on unpayable debt that chokes the financial system and throttles economic growth. It's an appalling situation and it's not set to change.
Relying on this advice has very negative consequences. It distracts you from determining your capacity for risk, diversifying your portfolio, low fees and taxes.
While the semantics of the debate seem purely political, I wondered about the actual implications of an increase in tax rates.
Just because it's not 'traditional' doesn't mean it's not Tradition.
At a time when tens of millions of people are still unemployed, underemployed or out of the labor force altogether as a result of the fallout created by the collapse of the housing bubble, in Washington it is serious to argue that our biggest problem is that custodians at the VA hospitals are getting paid too much.
The fiscal cliff is looming in the distance, with lawmakers having just one month left to come up with a solution to avert the potential for a financi...
What would you do if every time that you gave your child allowance, he or she spent it and then some? What if over a period of years, your child not ...
It has become a clash of ideologies between one that caused the fiscal nightmare we've found ourselves facing -- one that wants to see the economy fail to regain political power -- and one that's attempting to continue the slow recovery and battling to overcome the intransigence.
We should stop taking the flawed arguments of the rich seriously, and call it out for what it is. Greed.
To My Darling Children, I hope you don't mind, but your father and I are spending your inheritance. Actually, it doesn't matter if you do mind because we are spending it anyway and we don't need your permission to do so.
For the time being, the U.S. economy will remain extremely vulnerable to any setbacks. The Fed has announced that it is prepared to keep the liquidity taps open until unemployment has dropped substantially.
There is a monetary time-bomb charged and ticking. A bomb which is being constantly primed with further explosive, further destructive force.
The current economic policy priority should be to reduce the rate of unemployment down to 4 percent and subsequently seeking policies to reduce deficit and debt after the economy is robust.