Economics : Business & Finance
Americans seem to be at a loss today to find an answer to the question, "who are we"?We have associated ourselves to be the leader in the world of many things. This has been true since about 1948 when the west surged upward and away from the rest of the world in many different categories i
For decades now we have heard about the U.S. being too indebted and everything would collapse. The numbers have long since become fantasy and only faith and history have kept the currency afloat.
It seems that right now, in this moment in time, all of America is anxious. We are anxious about our jobs, we worry about our bills, and we always have money on the mind. This is a given. With the devastating effects of the recession still circulating, the ways in which consumers are changing are pa
Congress and the President are looking for ways to stimulate the economy and create new jobs. Their only solution so far has been to spend trillions of dollars. On what doesn't matter. But I think they are missing a huge opportunity to increase our economy or Gross Domestic Product (GDP). It wo
Your personal health and safety may be tied to the US national debt. The farm bill has helped subsidized the food manufacturing companies and farmers to grow a steady staple of additives that are making Americans fat. Removing this subsidy lowers the federal governments commitment to farmers and all
After a long recession full of layoffs, stressful thoughts of paying bills and mortgages, long hours of wondering how health care was going to be paid and the ups and downs of the stock market, the recession is finally receding. Eleven recessions have existed since World War II and this one has been
Microsoft agreed to make changes to its Windows Vista operating system in response to a complaint by Google that a feature of Vista is anticompetitive, lawyers involved in the case said.The settlement, reached in recent days by state prosecutors, the justice Department and Microsoft, averted the pro
Wall Street suffered another hit today taking Dow Jones more than 300 points. Many investors saw lack of confidence between each other and there were very little number of buyers.
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
The financial crisis that emanated from the U.S. Housing Bubble in 2007 had spilled deep into the Debt Market of the U.S. by late 2007. It was not until the 2nd week of Jan 2008 when the BASEL II committee submitted its report on the lurking security fears in the International credit markets that th
Soaring oil prices has taken center stage in most countries headlines recently, even partly causing the collapse of Haiti government.Many governments have came under tremendous pressure from its people and opposition politicians as they reduce their oil subsidy.Is that necessary, or are there better
In a recently published Bloomberg poll, many individuals responded that they did not know the economy has done fairly well over the past five years. This brief article explores why we still feel that the economy is not doing well and what could have been done to keep us better informed about what th
Poverty has spread its wings too vast that we all get to see people and children lying on footpaths, staying in tents by the roadside and infants begging at traffic signals. The entire scenario is such that there has been a continuous urge for help. Whether it is about helping poor or backward peopl
Inflation refers to an economy in a period of time when the amount of paper money issued exceeds the amount necessary for smooth regulation and thus the price of goods increases. So the buying power of a currency drops with too much paper money on the market. Our country’s inflation rate is in
Bird flu has struck India at a small scale right now. It is yet to become a major cause of concern for the country. However, there are signs that the Indian government and the people are taking this threat more and more seriously. Already, there has been a huge initiative to cull out thousands of ch