Economy Archive
The government has been working recently on laying out the changes to Social Security for the up coming years, specifically aiming for changes which would potentially improve the quality of life of individuals on Social Security (or at least the …
Not all of us are hurting as much as some people might be alluding to. The recent Credit Suisse Global Wealth report listed the United States as home to almost 40% of millionaires in the world, with Japan as the …
The FED is committed to keeping mortgage rates low in an attempt to stimulate the housing market. Sales of new home, and construction on new homes, rose from June to August. This come in light of the FED’s recent decision …
During the week the Fed announced a plan to buy 40 billion dollarsof mortgage bonds monthly. By relieving banks of these mortgages, they hope stimulate more lending from banks in the hope that it will allow consumers to spend more. In addition, …
It’s easy to sit around talking in economic terms about recession, depression and foreclosure, but when the story gets personal …well that’s not so easy. Thus we have an interview with a Latino man who went into the Marines to make …
Spain, the fourth largest economy in Europe has been prophesied to be in a total emergency, what could be a disaster for the European Union. Already on the brink of collapse with Greece and Ireland, the loss of such a …
One of the better explanations of how government austerity during economic crisis could “implode” the nations’s economy. Paul Krugman discusses how major cuts will negatively impact getting the economy back and how the comparison of the government’s budget to a …
Throughout the political fighting and so-called “war against the rich” one idea has come up again and again: The wealthy are the job makers. Their concept, is that the reason we cannot tax the rich is because they put the …
