Inflation vs. Deflation – What’s the Difference?
One of the jobs of the Federal Reserve is to keep inflation from going too high and to prevent the economy from going into a deflationary spiral.
gross domestic product
Let’s Tax The Rich At 90%!
Tax the rich at 90% and make them pay their “fair share.” To someone uneducated about how taxes work this sound like a great idea until you run the numbers.
Who Really Grows Economic Recovery?
Consumers spend more money buying Halloween candy ($2 billion) than was spent in the most recent election.
America Is Looking Good, On Paper
The Bureau of Economic Analysis has reported that our gross domestic product has grown from 2.6 in the third quarter to 3.2 percent in the fourth quarter of the 2010 fiscal year. Does this mean jobs will be on the rise again? My guess is no because people have survived without those employees through the last year, and a majority will likely keep it that way.