Archive for Economy

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CNN Energy poll and analysis

I was flipping through CNN’s website and came across the “Solving the energy crisis: You decide” link, so I decided to see what people were saying.  Now this is a non-scientific on-line poll, so I wouldn’t read too much into it.  However, with over 26,000 people responding, I think it should be close to the [...]

The truth behind the “record deficit”

I’m sure every news channel you’ve turned to today has discussed the projected “record deficit” in 2009. There is no kidding that a $482 Billion deficit is big news, but we do need to remember that these are projections. The past few years have shown that the projections tend to be much larger than the [...]

Can you bounce a stimulus check?

I work all night, I work all day, to pay the bills I have to pay
Aint it sad
And still there never seems to be a single penny left for me
Thats too bad
In my dreams I have a plan
If I got me a wealthy man
I wouldnt have to work at all, Id fool around and have [...]

State of the Union analysis (Part 1)

This will be the first part of my analysis of President Bush’s final State of the Union address from Monday.  While the news coverage of Ted Kennedy endorsing Barack Obama for President, the Florida Primary being the following day, and by some the lack of interest in the address itself caused the local and national [...]

Net Wars: Marginalism and Poverty

Source:  Net Wars - True to my Country
Tyler Cowen reviews Charles Karelis’ Persistence of Poverty which describes why economic ideas from wealthier individuals and societies do not help the poor. The problem is not the amount of money or lack of effort.
The poor, due to their position, have different marginal preferences than the rest of [...]