Archive for the ‘Socialism’ Category

Why the Next Great Depression May Still Happen

July 29 | Posted by mrossol | American Thought, Socialism, US Debt

This article has an original date of  6/20/2011.  Some of the reasons below seem to have as much “unknown impact on the US” as a debt default.  There are a lot of factors leaning in the wrong/bad direction, that seems pretty certain. ========== So anyone that believes that we are headed for another depression is certainly not crazy. The following are 19... Read more

The Road to a Downgrade

July 28 | Posted by mrossol | American Thought, Economics, Socialism

    Even without a debt default, it looks increasingly possible that the world’s credit rating agencies will soon downgrade U.S. debt from the AAA standing it has enjoyed for decades. A downgrade isn’t catastrophic because global financial markets decide the creditworthiness of U.S. securities, not Moody’s and Standard & Poor’s. The good news is that investors still regard Treasury bonds, which carry... Read more

Poverty in America…

July 27 | Posted by mrossol | American Thought, Economics, Politically correct, Socialism

Robert Rector of the Heritage Foundation writing at nationalreview.com, July 26: The Census Bureau reported last fall that 43 million Americans—one in seven of us—were poor. But what is poverty in America today? The most recent government data show that more than half of the families defined as poor by the Census Bureau have a computer in the home. More than... Read more

Unemployment benefits…?

July 25 | Posted by mrossol | American Thought, Economics, Socialism

Syndicated columnist Linda Chavez writing at townhall.com on July 22: Several studies show that about one-third of those receiving unemployment benefits get a job immediately after their eligibility expires. And a quick survey of help-wanted signs and classified ads in most areas suggest that businesses are looking for workers. In 2009, when the economy was in worse shape, three million... Read more

The Disappearing Recovery

July 19 | Posted by mrossol | Debt, Economics, Socialism

Forgotten in most discussions of the U.S.-Europe comparison is that for the first 70 years of the 20th century, continental Europe’s growth rose alongside that of the world-leading U.S. and U.K., especially after World War II. Through the 1960s, he says, there was every reason to expect a common, high living standard for all of us. Then, “in the 1970s,... Read more

The Divorce Generation

July 11 | Posted by mrossol | American Thought, Socialism, The Left

The Divorce Generation – WSJ.com. I don’t believe cohabitation is the answer either. === By SUSAN GREGORY THOMAS

Stephen Webster Gen-X’s quest for perfect nests drove us to take out more home equity loans and to spend more on remodeling, per capita, than any generation before it, according to Harvard’s Joint Center for Housing Studies.
Every ... Read more

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