Water In The Ears? Austerity With Slow Growth Is LUDICROUS 7

By Daniel McKay
Water In The Ears? Austerity With Slow Growth Is LUDICROUS
People and Politicians really don’t get it, austerity is something you should do when the economy is booming – not when it is weak. Despite overwhelming economic evidence that austerity slows down economies – you hear people, and even more scary, politicians, preach we take a dose of Hoover’s medicine. It’s important to understand that what we’re ...

Does Taxing The Rich Hurt Growth? A Redistributive Lesson 5

By Daniel McKay
Does Taxing The Rich Hurt Growth? A Redistributive Lesson
Redistribution, progressive taxes, class warfare, taxing the rich. All of these you have probably heard recently, and depending on who you talk to you might have heard different things about them. The Democrats, and President Obama wish to raise the tax rate on the top earners – the $250,000 and $1 million marker has been ...

Iran’s Nuclear Weapon = Stronger US Economy? 1

By Daniel McKay
Iran's Nuclear Weapon = Stronger US Economy?
If Iran gets a nuclear weapon, may we see the end of a sluggish economy and enter into prosperity. Okay, lets start off by saying that if Iran gets a nuclear weapon we probably have bigger issues – such as a major war, or having nuclear weapons move into the hands of terrorists. But assuming ...

7 Reasons Why The Government Should Spend More Money 6

By Daniel
7 Reasons Why The Government Should Spend More Money
Invest In America By Letting America INVEST. You may have read a recent post of mine entitled: “Do We Really NEED To Be Concerned About The Debt.” Needless to say many disagreed, a few somewhat animatedly, so I decided I should further support my claim that America should be spending. First, before you start posting ...

Top 10 Questions For The Presidential Debate 1

By Daniel McKay
Top 10 Questions For The Presidential Debate
We have aggregated and sorted through the top 10 questions for the presidential debate. These questions were taken via online sources, notably you can follow additional questions on the CNN i.report blog  Note these are questions meant for BOTH candidates, I would love to see the contrast (if any)!   And they are… 10. My question ...

Quantitative Easing (QE) and QE3 / QE-4ever 6

By Daniel McKay
Quantitative Easing (QE) and QE3 / QE-4ever
Lets clear the smoke, what is Quantitative Easing (QE)? Quantitative easing is pretty much creating money to spend it. Nice eh? So what is this whole thing we hear about Quantitative Easing? Ben Bernanke (the Federal Reserve Chairman) recently announced that the central bank is going to launch a “new and improved” form of quantitative ...