"The U.S. Environmental Protection Agency conceded in a December reportthat it had "significantly underestimated" the methane emissions ...
Nice narrative economics article, easy to understand in laymans terms, by Delong. He concisely shows the falicies & explains / dubunks the myths some economists have been expounding about the causes / effects of the great recession --- written/published in mid-march this year if you haven't read this already. He even goes ...
... but the Marilyn Davenport e-mailed pic of Obama as an ape-child is really more than just a racist statement. For reference if you haven't been watching the news or reading the newspapers: ...
The issue of the day / month is supposedly the exploding national deficit, which unless addressed at some point by a combination of increasing revenues and decreasing outlays will eventually create an insolvent US gov't.
One might think we're at a crossroads of sorts... reign in gov't spending or increase ...
Every homeowner in the US goes into at least a 15 year and most a 30 year debt when they buy a house. They add to that debt by buying a car on credit, not to mention furniture, home improvements, etc. We don't even need to talk about the level of credit card debt allowed... and incurred.
Every ...
I've read all the definitions of a 'recession', which only provide the symtoms thereof, not the root cause(s). I've also read many of the so called 'causes] of various recessions in US, other nations, and over time... finding each has a pot-pourie of various causes, disputable by many economists in most cases ... i.e. ...
The average annual S&P 500 P/E (price to earnings ratio) = 15.75. The inverse of this is the Earnings Yield... that is, for every dollar invested the company returns (net of taxes) 6.3942% of it's earnings per year... in other words, if the company returned to you, in cash each year as a "dividend" the amount it earned after ...
Dean Baker's article explains well why Social Security isn't one of the deficit problems. He shows how the deficit hawks have used slight of hand to make it appear that social security is a significant part of the problem in order to obtain benefit reductions or other means (partial privitization, etc) to reduce gov't expenditures ...