Consumer Confidence was reported this morning to have risen sharply, to the highest since December 2000. Stocks rose and bonds fell, taking this news as a sign of economic strength, one presumes. 45 more words
Tags » The Economy
We all know that the US collects taxes and then uses those tax dollars to pay for whatever expenditures the US has. We also know that for nearly every single year of this nation’s existence, the taxes, tariffs, fines and fees collected were not enough to pay for those expenses, so the US borrowed money by issuing Treasury notes, to cover the difference. 258 more words
Republicans, free of any serious opposition, have revealed their unverified template to reinvigorate the American economy, dissolve government’s role in any matter not connected to protecting the US from foreign entities real or imagined, and enhance government’s role in enforcing moral choices connected in any manner to sexual or other personal activities. 293 more words
For Ben Kolendar, joining the world of economic development started with goats.
And not just any goats, but the cashmere variety of Afghanistan. Their luxurious wool accounts for 7 percent of the world’s cashmere supply. 580 more words