Archive for the 'Economic crisis' Category

25 Sad Facts About Detriot

By Justin Gardner | Related entries in Economic crisis

This list comes from a blog that seems suspicious, but all of the facts have links out…so let’s give them the benefit of the doubt. Here are some depressing examples on the list… 7) At this point, there are approximately 78,000 abandoned homes in the city. 8) About one-third of Detroit’s 140 square miles is […]

July 25th, 2013 | Permalink| 1 Comment »

Debt Collection Infographic – What You Need To Know

By Justin Gardner | Related entries in Debt, Economic crisis, Economic recovery, Economy, Infographic, Money

During the past decade many Americans have faced a reality where their debt has exceeded their income, sometimes through no fault of their own. So when I saw an infographic come in about how consumers can protect themsleves, I thought it would be interesting to share. This from the creator, Frugal Dad: Collector abuse is […]

June 19th, 2012 | Permalink| 5 Comments »

Rick Perry Not Ready For Primetime

By Justin Gardner | Related entries in Economic crisis, Economic recovery, Perry, Video

What is with you Texans and your Governors? Jeezus… Here’s the video… If the vid doesn’t play…here’s basically what he said… Texas Governor Rick Perry, who entered the presidential campaign on Saturday, appeared to suggest a violent response would be warranted should Federal Reserve Chairman Ben Bernanke “print more money” between now and the election. […]

August 16th, 2011 | Permalink| 3 Comments »

David Frum On Conservative Economics: Were We Wrong?

By Justin Gardner | Related entries in Business, Economic crisis, Economic recovery, Economy, Money, Republicans

A very sobering piece to write, no doubt, but needed nonetheless. Especially when you consider the revised GDP numbers from 2008. From Frum Forum: Two years ago, Commerce estimated the decline of the US economy at -0.5% in the third quarter of 2008 and -3.8% in the fourth quarter. It now puts the damage at […]

August 4th, 2011 | Permalink| 15 Comments »

GOP and unemployment benefits

By donar | Related entries in Cartoons, Conservatives, Deficit, Economic crisis, Economy, Elections, Political Graffiti, Republicans

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November 12th, 2010 | Permalink| 6 Comments »

“The Economist” defends divided government from attack by hysterical Nobel Prize winning emo economist

By mw | Related entries in Economic crisis, Economy, Partisan Hacks, Partisan Nonsense

This election cycle precipitated a conversation about the virtues and vices of a divided federal government in both new and traditional media. In the last few days before the vote, the amplitude spiked. Much of the most recent attention is in the form of an attack from the left on the foundation of the divided government voting rationale. One such attack – an awe inspiring, world class hysterical hissy fit by Paul Krugman from the lofty platform afforded him by the New York Times:

November 1st, 2010 | Permalink| 19 Comments »

Poll: Americans Still Blame Bush More For Economic Troubles

By Justin Gardner | Related entries in Barack, Bush, Business, Democrats, Economic crisis, Economic recovery, Economy, Independents, Obama, Polls, Republicans

The gap has shrunk a bit, but the economy is turning around so in a year’s time it’s unlikely we’ll have the problems we’re having today. Basically, the question will then be… “Who is responsible for the economic growth in this country?” Gallup has more on that… Obama has stated that he “inherited the most […]

April 21st, 2010 | Permalink| 6 Comments »

Comparing post WWII recessions

By mw | Related entries in Bad Decisions, Economic crisis, Economic recovery, Economy, Fiscal stimulus, Obama, Spending

Given that this is the slowest recovery from the deepest recession in the modern era, any argument on what impact the stimulus package or the Obama administration did or did not have on the duration or depth of the recession or recovery can only be made on a counterfactual basis. Despite the massive expenditures, you can’t say this recovery is more robust than any that has gone before, so all that can be said in defense of administration policy is speculation that the recovery would have been even more tepid without the stimulus. Problem being, a case can also be made that the uncertainty created by this administration’s wild spending, insane deficits, threatened increases in health care taxes, likely increases in health care insurance premiums on employers, an energy tax (cap & trade), repeal of the Bush tax cuts, increases in the minimum wage, uncertainty created in the health care, financial, and energy industries with the imposition of radical government mandated top down changes in industrial policy – all contributed to increasing uncertainty in the private sector and made the recession worse.

March 14th, 2010 | Permalink| 12 Comments »

Poll: Bush Still To Blame For Economic Woes

By Justin Gardner | Related entries in Barack, Bush, Economic crisis, Economic recovery, Economy, Obama, Polls

As I’ve said numerous times before, voters aren’t stupid. They know who piloted our economic collapse last year and it’s going to be extremely hard for Republicans to convince them otherwise. Still, it is kind of telling that Republicans blame Obama more for the economy than Bush, even though it’s by a very small 6 […]

November 3rd, 2009 | Permalink| 4 Comments »

If You Only Read One Post About A Sculpture Featuring Bernie Madoff, A Flying Bull & The Wall Street Crisis, Make It This One

By Justin Gardner | Related entries in Art, Economic crisis, History, Money

Bernie Madoff being pinned to the wall by a huge, farting bull…which is supposed to represent Wall Street. All from the mind of Chinese artist Chen Wenling. I mean, come on…that is AWESOME! A question…if you had to create a sculpture that summed up what happened last year…what would it look like and why? (Photo: […]

September 30th, 2009 | Permalink| 4 Comments »