Ab-Norm-al Econ

Wednesday, November 28, 2012

Ten Charts That Explain Slow Recovery

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This article provides ten charts with a brief description of their impact on the economy.  A good chart is worth one hundred word.  We get ...

European Commission Announces Bailout For Spanish Banks

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The EC released $48 billion from its European Stability Mechanism (ESM) for four Spanish banks.  The funds are contingent upon restructurin...
Tuesday, November 27, 2012

The Battle Over The Budget Shapes Up

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Negotiations between Republicans and the administration are narrowing down to a fundamental trade off.  The trade off is between cuts in en...
Monday, November 26, 2012

GOP Senator's Believe Romney Won The Election

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Two GOP Senators were on the Sunday TV talk shows opposing an increase in tax rates, but claiming that they would support broadening the tax...
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Investing In The Future Is No Longer Part Of The American Dream

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This article describes how America is falling behind the rest of the world in infrastructure.  Politicians are unlikely to budget enough mon...

Warren Buffet Proposes A Minumum Tax On The Super Rich

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Tax policy has taken the center stage as politicians maneuver to avoid the fiscal cliff.  One of America's wealthiest individuals has ad...

Pravda's View Of Obama's Reelection

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We have a lot to learn about Putin's Russia, and they have a lot to learn about US politics.  This article in Pravda conveys a false vie...
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