Category: economics

Canada economics financial crisis US economy
February 7, 2009

Why Can’t We Just Spend Our Way Out of Depression?

The Canadian government has made a commitment to spend an unprecedented amount on ‘stimulus’.  So has the US.  The British government has bought many banks (along with the US) and will likely buy several more over the coming months.  The EU has reduced lending rates in order to encourage people to borrow, spend and borrow some more. Through this process, the world’s economic ‘power houses’ […]

disaster capitalism economics financial crisis The Corporation US economy
January 31, 2009

Just the EARLY Stages of Financial Collapse

Hi folks, For those of you in the crowd who are MA in Economics, I’ll remind you that we’re just at the beginning of financial collapse.  Shoving your finger, gloves, basketballs, bumpers, old tires, bins full of clothes from Goodwill and even elephants won’t stop the damn from breaking. I know … it’s a little gloomy, but I don’t feel like I’m being alarmist AT […]

disaster capitalism economics financial crisis US economy
January 31, 2009

World Debt

I know I’m a little stale with posting comment on this article (I’m trying to catch up on a number of things, blogging being one of them), but I still wanted to post this for the community that follow Excited Delirium. I’m a visual person and I found this graphic (warning:  PDF) and summary of creditors and debtors to be the most compelling piece of […]

BASH bloggers against stephen harper Canada disaster capitalism economics financial crisis tax issues The Corporation
January 25, 2009

Why Corporate Tax Cuts (in Canada) Make No Sense

The January 27 budget is leaking faster than a flatulent elephant after eating a tonne of beans. More and more details come out every day, and yet the Conservatives don’t have the courage to present it in the House of Commons. That said, we’ve seen many trial balloons about several topics and the one that we’ll probably have confirmed at the last minute will be […]

economics Politics The Corporation US economy
January 20, 2009

Who Needs a Draft?

I’ve argued for a while that the notion of a draft in the US is illogical for two reasons: It would generate unwanted competition to the $900 per day private contractors such as Blackwater There’s no need for a draft when people are unemployed. Unfortunately, I’m proven correct on the second reason, as can be seen with this NYT article . As massive waves of […]