Tag Archives: government spending

Economic Equalibrium

Dear Friends, It seems to me that as soon as the real economy kicks in the US will have several problems crop up that will imperil the economic reawakening. One is the very low interest the government is paying on … Continue reading

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Chimerica and the Global Economy

Dear Friends, It seems to me that the Chimerica analogy is apt but misses a critical point. The Chimerica analogy is… That the growth we saw during the first decade of the 2000‘s was a result of China producing products, … Continue reading

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Why Has the Stimulus Failed Us?

Dear Friends, It seems to me that anything that quenches the natural dynamism in the market system, results in lower economic growth, to the point of recession if the anti stimulus is sufficient. I contend that is exactly what is … Continue reading

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Government as the Provider of Services

Dear Friends, It seems to me that all legislation that makes the citizen get services from government are like poison ivy in our economic and legal gardens. It takes up space but produces nothing of value. It is intractable and … Continue reading

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We Spent the Money But They Didn’t Come…

Dear friends, It seems to me that One reason the stimulus is working so poorly is that it was hastily crafted and inadequately thought out. The stories about the abuses, fraud, and outright idiocy about the $787 billion dollar stimulus … Continue reading

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