Tag Archives: Greece
The Grapes of Wrath
The Economist has a good analysis of America’s jobless recovery. It is worth reading just for chart #1, which compares this recession with those of 1973 and 1981. At the time, 1981 was compared with the Great Depression. Homeless workers … Continue reading
Filed under Finance
Politicize the GAO!
Now that Congress has captured the Fed, the next voice to be silenced is the GAO. Already there is an ominous dearth of reporting on America’s debt crisis. The GAO, which had been shrieking from the rooftops, has not produced … Continue reading
Filed under Finance
Socialism Implodes in Greece
Nations face the same budget constraints as households. They cannot spend more than they earn, without going into debt, and they will not be long in debt before the collector comes calling. A surprising number of people can’t grasp this … Continue reading
Filed under Finance