Economic Chat - Economics Community

Economics Community

Latest Activity

paul replied to Miguel Costa's discussion 'How should Europe deal with finacially troubled countries like Portugal, Greece, Spain?'

I just read an article about the debt problem in Greece: "Over the past decade, Greece took full advantage of a strong euro and rock-bottom interest rates to fuel a debt binge by the country’s consumers and its government. Now, if Greece can’t pers…

13 hours ago

paul replied to Nathan Andover's discussion 'Should Corporations Be Able To Fund Campaign Commercials?'

Have you seen the new ad from the "commission for truth in politics"? It says that the House Democrats just passed a new $4 trillion dollar bailout for the big banks. The problem is that it isn't true. The banks won't be getting $4 trillion for thi…

14 hours ago

paul added a blog post

Wall Street Supports Republicans

Wall Street loves the Republicans. To express their love and support, Wall Street is sending tons of campaign contributions to Republican candidates. Wall Street bankers want nothing more than to be able to continue making huge risky bets while kno…

14 hours ago

James Scott replied to Miguel Costa's discussion 'How should Europe deal with finacially troubled countries like Portugal, Greece, Spain?'

Seems to be a similar problem in many areas of the world as countries try to respond to the economic recession. First, the recession causes the tax revenue to go down which creates instant deficits - especially in countries that have high levels of…

yesterday

Miguel Costa added a discussion

How should Europe deal with finacially troubled countries like Portugal, Greece, Spain?

Should Europe bail them out, what choices do they have? What options would Portugal have? Can they get out of the EU, or devalue currency or increase productivity or reduce wages? What would you do and why?

yesterday

Miguel Costa is now a member of Economic Chat

Welcome Them!

yesterday

Nathan Andover added a blog post

A Picture Of The Jobs Situation

Here is a graph showing the jobs picture of the last couple of years. The red bars are the accelerating rate of job loss during President Bush's last year in office; the blue bars are the decelerating rate of job loss during President Obama's first…

yesterday

Nathan Andover replied to Larry's discussion 'Coins, Coins a bore? Well maybe.'

Also, think of all the uses of coins that are no longer in our economy. There used to be pay phones everywhere. Now it is hard to find one. Vending machines probably get more dollars than coins these days. I once took a bunch of coins to a casino an…

yesterday

Videos

Wallstrip - Google Inc. (GOOG)

Added by paul
I.O.U.S.A.

Added by James Scott
Wallstrip - Johnson & Johnson (JNJ)

Added by paul
Capitalism Hits the Fan: A Lecture on the Economic Meltdown

Added by Willie
Investing 101

Added by paul
Confessions of an Economic Hit Man - Part I

Added by paul

Join This Economics Community

Forum

How should Europe deal with finacially troubled countries like Portugal, Greece, Spain? 2 Replies

Started by Miguel Costa in Open Discussion. Last reply by paul 13 hours ago.

Should Corporations Be Able To Fund Campaign Commercials? 3 Replies

Corporations spend trillions of dollars trying to influence our vote in the supermarket. Should corporations also be able to spend money on ads trying to get us to vote for a specific political candi…

Tagged: campaign commercials, corporations

Started by Nathan Andover in Open Discussion. Last reply by paul 14 hours ago.

Coins, Coins a bore? Well maybe. 1 Reply

For the better part of a year I have been helping my sister out with collecting old coins. Coins from the past of course. While most of us rarely pay for anything in cash these days, the times I do…

Tagged: coins, old, local economies, money supply

Started by Larry in Economics. Last reply by Nathan Andover 1 day ago.

Is The U.S. National Debt A Problem? 3 Replies

We all have been hearing about how big our national debt has gotten. The Bush Administration more than doubled the national debt. They also added a bunch of spending and unfunded liabilities that are…

Tagged: problem, national debt

Started by Nathan Andover in Economics. Last reply by paul Feb 6.

Support Pay As You Go Legislation 3 Replies

I'm a big fan of pay as you go legislation. PAYGO would require lawmakers to offset any new tax cuts or spending increases with equivalent tax increases or spending cuts. I know there are times when…

Tagged: paygo, legislation, pay as you go

Started by paul in Open Discussion. Last reply by Nathan Andover Feb 5.

President Obama Talks About Jobs & Deficit In Weekly Address 3 Replies

Here's the video fo President Obama's weekly address where he talks about jobs, the deficit, the spending freeze and pay as you go legislation:

Tagged: weekly address, economics, spending freeze, Obama, President

Started by paul in Open Discussion. Last reply by James Scott Feb 4.

Financial Regulation Reform Bill 5 Replies

What does everyone think of the financial regulation reform bills working their way through the congress? I think we need much tighter reforms. I think the lax regulations were part of the reason wh…

Tagged: bill, reform, financial regulation

Started by OICUAM2 in Open Discussion. Last reply by Mary Ayala Feb 3.

What Is Happening To The Dollar? 8 Replies

The American dollar continues to lose value. What is happening with the dollar? Why is it falling in value? What are the future prospects for the dollar? I'm doing some research on this topic, but…

Tagged: what is happening, dollar

Started by Nathan Andover in Economics. Last reply by paul Jan 31.

Economic Growth In The United States 4 Replies

Economic growth in the United States is what most of us want, right? So how is it going to happen? Where is the economic growth going to come from? We have a lot of jobs to regain and a lot of debt…

Tagged: united states, economic growth, economics

Started by Willie in Economics. Last reply by James Scott Jan 29.

Will Ben Bernanke Get A Second Term At The Federal Reserve?

Ben Bernanke has been nominated by the Obama Administration for a second four year term at the Federal Reserve. It is not clear at this moment if he will get the required 60 confirmation votes in the…

Tagged: federal reserve, senate, second term, ben bernanke

Started by James Scott in Open Discussion Jan 22.