It would be difficult for anyone NOT to be aware of the current economic situation in the United States. The collapse actually hit Wall Street even harder than Main Street initially. When the banking industry quivered and went into cold chills, America noticed. The real impact struck home when formerly middle and upper class families [...]
Oct 09, 2009 | By: admin | No Comments
A probable historical period when under the circumstances particular individual skills were considered productive for a society or country thus the society or country’s tolerated and promoted such individual competition to maintain internal stability and advance in the regional or international competition.Usually changing CILOD are painful processes of changing classes’ structure and redistribution of wealth [...]
Sep 28, 2009 | By: admin | No Comments
The United States of America’s government and the American populace seems to have a very short memory. We often repeat the mistakes we’ve made not less than a decade ago in our civilization. But, why do we do this? It seems rather odd and highly unfortunate that the greatest nation in the history of mankind; [...]
Sep 11, 2009 | By: admin | No Comments
I know this is going to sound harsh, but the economic realities that Ford employees are discovering are the same lessons everyone must learn in order to thrive in our current economy. During an interview on ABC News Nightline an employee was asked about the cause of the company’s decline. She replied it was because [...]
Aug 27, 2009 | By: admin | No Comments
My title probably fits in with today’s economic outlook – many senior politicians look with horror and more importantly with complete impotence as world economic affairs steam roller their carefully laid targets and forecasts. At times like these we see we are simply hostage to the fortunes of a global economy and our politicians who [...]
Aug 16, 2009 | By: admin | No Comments
Productivity is an economic concept which measures the efficiency of production. This is represented by a simple ratio of the resources that are required to produce a certain output. The ratio could be calculated for labour (human resources), capital or land, but the last two have little significance.Labour efficiency does make sense because it indicates [...]
Jun 27, 2009 | By: admin | No Comments
The US Dollar has been falling for the past 3-4 years. But, in 2007 the decline has seemed to increase. The 7 main reasons for the decline in the dollar are:1. Lower US interest rates. The US has cut interest rates in 2007 by 0.75%, this is in contrast to the EU where interest rates [...]
Jun 23, 2009 | By: admin | No Comments
Accumulated or quickly built supply energies unsupported by equal demand in real economies could go up and create economic crisis or be dispersed and build up the rest of the economic structures.Some main economic energies provoking quickly rising supply are:* Productivity* Globalization* CapitalizationSome main economic energies provoking inadequate demand.* Productivity* Globalization* Capitalization* Inadequate Wealth DistributionTo [...]
Jun 22, 2009 | By: admin | No Comments
In my article “Politics: Bread and Circuses,” I assert that politics as it is practiced today is essentially a deception that hides an underlying economic reality. The fundamental reason for the existence of any established political party (like the Democrats and the Republicans) is to establish and maintain access to money and resources.In this article, [...]
Jun 10, 2009 | By: admin | No Comments
Several Connecticut construction jobs will soon be created thanks to the American Recovery and Reinvestment Act. The jobs and funding also will help provide clean drinking water to state residents.The State of Connecticut has received almost $20 million in federal economic stimulus money for state and municipal projects that will improve drinking water. The Environmental [...]
May 29, 2009 | By: admin | No Comments