economic issues

A trial involving 1% of Iceland's population between 2015 and 2019 found that reducing work hours at the same pay resulted in increased or maintained productivity and improved wellbeing. The report: https://autonomy.work/wp-content/uploads/2021/06/ICELAND_4DW.pdf Would this work in your...

BBC News: Half of UK cash in black market or overseas, says Bank "At least half of all UK banknotes in circulation are held overseas or used in the black market, a Bank of England report suggests. The Bank, which is the main issuer of banknotes in the UK, said only about a quarter of cash in...

http://money.cnn.com/2014/06/02/news/economy/seattle-minimum-wage/index.html?hpt=hp_c2 With the gradual increases in the wage I guess there won't be a mass exodus of small business from Seattle to avoid paying higher wages. Nothing to do with the wage increase; but to me Seattle is like...

It has been awhile since I heard a claim that Obama is holding back America economically. Why is this? Did he stop? Could it possibly have been only so much fact deprived hot air? Or did we just forget about it what with all the attention on the most important baby ever conceived and the one...

Video Fifteen dollar minimum wage? A bit high. For that price I could hire a few russian engineers and start my own missile program. Where did this number come from? P.S. I like the "Life's a Lottery" phrase. Although I prefer to pick up scratchers.

Democrats at odds over California’s multi-billion dollar budget surplus

Last week in an interview with George Stephanopolous, President Obama stated that "we don’t have an immediate crisis in terms of debt". Republicans immediately jumped on him for saying that, with the official GOP twitter account linking to a transcript of the interview and saying...

Of course any one with an once of honesty and half a brain has been well aware of this since at least the middle of the 1980's, but still we will have all the usual rabid appoligist try to spein this with defining/redifining the middle and taxes and tax cuts and what other word that could...

So it looks like Cain's platform is 'screw the poor.' I don't know any way to describe it. http://www.foxnews.com/politics/2011/10/20/cain-adds-to-plan-angering-unions/ "Opportunity Zones" where the minimum wage is abolished? What could go wrong?

Ramesh Ponnuru is a conservative commentator who writes for National Review. (BTW, the National Review editorial, Bold, Brash, and Wrong, on Cain's plan is equally critical.) Here's Ramesh's column: Bad Math Hurts Herman Cain’s Good Tax Intentions: Ramesh Ponnuru A couple highlights: Here's...

Repeal coprorate taxes, Slash federal spending Repeal the health care law, Cut taxes even more repeal financial laws, repeal environmental laws, Exploit every available energy resource regardless of the environmental consequences. Increase exports Remove all regulations on private sector...

Little nugget of wisdom from Herman Cain: http://www.nydailynews.com/news/politics/2011/10/05/2011-10-05_herman_cain_to_occupy_wall_street_protesters_if_youre_not_rich_blame_yourself.html I find it simply incredible that someone can make a comment like this in an economy like our current...

http://www.reuters.com/article/2011/10/10/us-china-debt-idUSTRE79901L20111010?feedType=RSS&feedName=topNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+reuters%2FtopNews+%28News+%2F+US+%2F+Top+News%29&utm_content=Google+Feedfetcher

Another manufacturing firm in the UK starts to cull its workforce. It'll be a real blow in Yorkshire and Lancashire, not only for those directly affected but for the suppliers and support industries as well as retailers in the area. My reason for the post, however, is this little tidbit from...

So, should I be lucky and any one respond, here's the thing, it strikes me that the two sides aren't even having the same public discussion. There is mostly rhetoric, attack and focus on a narrowly defined set of assumptions and variables. The purpose of which is largely political and not an...

I'm aware of the back and forth speculation about whether Social Security checks will go out after the August 2nd debt ceiling deadline. I'm just wondering - since SSI checks are sent on the first of the month, which would be before the August 2nd deadline, how would Capitol Hill explain those...

Instead of working on serious plans to deal with our deficit and the debt hike, the GOP is playing games. Raising the debt limit has often been a political tug of war, but rational cooler heads have always prevailed. The wild card now is the Tea Party, where "rational" and "cooler heads" goes...

Republicans want to make a constitutional amendment a condition for agreeing to raise the debt ceiling. This constitutional amendment would cap government spending at 18% of GDP (which has never been done since 1966, and even Paul Ryan's "radical right-wing social engineering" wouldn't qualify)...

Someone please correct me if I'm wrong, but aren't the bonds in the SS trust fund already counted in the debt? "Intragovernmental holdings"? I'm well aware of the intermediate and long-term issues with the social security system but it would appear that we can run the SS system for several years...

My understanding is that a lot of people have no idea what exactly would happen if the debt ceiling is not raised. Read an article a week ago saying that computers make something like 3 million (or billion) payments each day, and you couldn't stop them if you tried. The elite consensus seems to...

Listening to an NPR segment yesterday on growing income dispartiy in the US, they pointed out that in terms adjusted for inflation, most low-to-middle income wages have not risen since 1969. In fact, workers now earn slightly less than they did back then.... They then profiled two different...

Just declare bankruptcy! Yeah! Just give a big fat middle finger to everyone who's bought government bonds! That'll work! :clap:

Remember the surplus? Back in 2001, the last budget of the Clinton administration? Here's what happened to it: To blame it all on "out of control spending" when tax revenue went from 19.5% of GDP to 14.8% of GDP is simply not true. In fact, the non-defense discretionary budget, which is the...

Can we come up with a more or less objective definition for the word "rich"? Either a specific amount of money, or a percentile of wealth or income above which one is "rich"? I suppose that we should also clarify the context: do we measure against the global average or median, or against the...

I just listend the GOP prez candidate Pawlenty's economic speech today and wow it sounds alot like something I came up with on the internet several times. I might even have posted it here. Here goes: On the individual rates we need a simpler — fairer — and flatter tax system overall. I propose...

Are you annoyed like me that house republicans might use the threat of not raising the debt ceiling to extract concessions from the president and senate just as they did recently with the CR for 2011? Well, democrats had a golden opportunity to do something about before the last congress ended...

Since I found Progressive Radio, I have been listening to them a lot. But not for the reasons one might think. I find it a study on human nature and how our brains work (or don't work properly) to preceive the world. They are the ones who, I find, are on the wrong track and it is ironic...

Unemployment this quarter when from 9.8% to 9.4%..wonderful huh? Not really, since a drop in unemployment may have NOTHING to do with those people getting jobs...let alone full-time jobs. WTF do they include such stupid stats as part of the unemployment rate?

Persistent unemployment is currently a staggering problem in the United States. The NY Times ran a piece today ran a piece today covering how long term unemployment increases the difficulty of finding employment. Unemployment benefits are starting to expire. I was wondering if anyone had any...

http://news.yahoo.com/s/nm/20101118/pl_nm/us_usa_congress_jobs Hmm..it appears that the GOP is willing to increase the deficit, by insisting on tax cuts for the rich, but refuses to increase the deficit by extending unemployment benefits for millions of lower and middle-class Americans...