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I’m 15 pages deep into Economics 201 I don’t know near enough to figure out what has and hasn’t work in our economy in the past few years. I’m sure that with one to two more years of study I still won’t know enough to figure it out. What I do know is that [...] President Elect Obama released his first “fireside” chat that can be viewed below in its entirety. It sounds like Jessica and I were correct in the belief that we would see a shift from the military industrial complex to civic works and green energy. I think these are both going to be [...] Obama won the election much to the chagrin of republicans across the nation. In his acceptance speech he spoke of the challenges that we are facing and that the solutions could take years or even an entire term before we see change. Legislation takes time – we’ve got to understand that he is [...] FDR said This great Nation will endure as it has endured, will revive and will prosper. So, first of all, let me assert my firm belief that the only thing we have to fear is fear itself—nameless, unreasoning, unjustified terror which paralyzes needed efforts to convert retreat into advance. To me, that seems [...] The current financial meltdown isn’t the largest nor the first of its kind. We’ve had our fair share and we’ll probably have them in the future. Neatorama has a great list of them that includes highlights like The Panic of 1907 Wall Street crash of 1929 Great Depression 1973 Oil Crisis Black Monday Savings [...] Its hard to measure how the economy has grown and there are many different measuring sticks. Most use the gross domestic product. I was curious to see if I could use the Dow Jones index as a measuring stick. Since Jan 20, 2001 when Bush took office the dow has lost 1140 points. The [...] It’s been all over the news and I’ve been watching the developments over the last few days but I still have my reservations with the plan. Over the past 80 years we have created a number of social programs to help fellow Americans that were unable to reach acceptable living standards. The degree of [...] A group of over 100 leading economists sent a letter to congress outlining their reservations with the proposed bailout plan. Their concerns mirror my own – I need more answers before anything is done. The full text is below As economists, we want to express to Congress our great concern for the plan [...] Theories attempting to explain the current oil market are quite varied. Wired has compiled a list of the top eight reasons and delves into each one. Its worth a read if you’ve got a few minutes to spare. While I haven’t yet reached the west coast I have arrived in America and its quite nice to be back. I’m still rocking the same clothes that I’ve been wearing for the past 60 or so hours. Traveling via military channels seldom goes without a hitch and I had quite a few. I was [...] |
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