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Government Spending

Trading > Mises Daily

Stimulating Anachronism, Stifling Innovation

Mises | Tue, 04/14/2009 - 10:01am | failure of bailouts, General Motors, GM, government bailouts, Government Spending, government waste, industry in America, innovation, Tesla |  1 comment

The government is tying up capital trying to prop up the gigantic and inefficient "Big Three" car companies that were in some ways the iconic firms of the mid-20th century. These resources are being wasted: they could be used more efficiently and more profitably, and therefore more effecti ... Read more

Stock Investing > Mishs Global Economic Trend Analysis

Global GDP Rebound Is Underway, But Who's The Buyer?

Mike Shedlock | Wed, 08/05/2009 - 9:32am | faulty recovery tactics, GDP rebound, Government Spending, unsustainable economic aid |  1 comment

Many are cheering the "recovery". Unfortunately, the recovery is nothing more than unsustainable government spending, not just in the US but globally. David Rosenberg talks about the GDP in Tuesday's Breakfast With Dave . The reason why we remain skeptical over the sustainability — the ... Read more

Personal Finance > Financial Rounds

How Much Is $100 Million?

Unknown Professor | Thu, 06/18/2009 - 3:26pm | Government Spending |  Add a comment

This posting is WAAAAY late, but It's still good. As a "perfesser" type, I always enjoy a good visual aid. Back in April President Obama had announced that he's try to cut $100 Million in spending from the budget. Here's a great illustration of what that means: ... Read the fu ... Read more

Stock Investing > Finance Professor

$1.3 million per job? For real?

Mahar | Thu, 03/12/2009 - 10:28am | economy of rationality, Government Spending, job creation, job stimulus, Keynesian economics |  1 comment

Old Europe Is Right on Stimulus - WSJ.com : "The White House estimates of 3.6 million new jobs is based on an 'Old Keynesian' model on the impact of government spending, while the new models adjust for the rational behavioral response to the stimulus by businesses and consumers. The White House ... Read more

Stock Investing > Mishs Global Economic Trend Analysis

Time To Rollback Government Salaries Across The Board

Mike Shedlock | Tue, 03/03/2009 - 10:08am | government salaries, Government Spending, public funds, real economic bailout plan |  Add a comment

In response to falling state revenues, the state of Oregon slashed $11.1 million from its judicial budget. That in turn prompted the Chief Justice to order Oregon State Courts to Close Fridays . Oregonians will wait longer for their day in court after Chief Justice Paul De Muniz announced today h ... Read more

Stock Investing > Mishs Global Economic Trend Analysis

Can Tax Cuts Deepen The Recession?

Mike Shedlock | Thu, 02/19/2009 - 11:20am | deflation, Government Spending, Inflation, recession, recession watch, Tax cuts |  Add a comment

In one of the more ridiculous Keynesian theories to date, Gauti B. Eggertsson at the New York Fed comes to the conclusion Tax Cuts Will Deepen The Recession . Simple logic would dictate that letting people and businesses keep more of their money would be a good thing but amazingly Eggertsson comes ... Read more

Personal Finance > Don't Mess With Taxes

Market memories & stimulus remedies

Kay Bell | Mon, 02/09/2009 - 5:02pm | beating economic depression, economic recovery plans, Government Spending, government stimulus, James Galbraith, recession recovery, taxes |  Add a comment

What's the answer to our economic woes? According to James K.Galbraith, it's government spending. Uncle Sam needs to spend now. Spend a lot. Then spend some more. In the Feb. 16 issue of Fortune magazine, Galbraith , a professor of government at the LBJ School of Public Affairs ... Read the ... Read more

Personal Finance > FFS Blog

Ruminations on Tax Planning for 2009

Tom Fisher | Wed, 01/21/2009 - 11:24am | Government Spending, IRS, Tax Planning, Tax Time |  Add a comment

If the present economic malaise does not extend past 2009, chances are good that tax rate increases will be enacted for the highest tax brackets in 2010. Instead of topping out at the current 35%, the top income tax rate could return to 39.6%, with top capital gains rate increasing as well. Read t ... Read more