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President Obama speaks about the key role small business plays in moving the American economy forward and the steps his Administration has taken to help small businesses grow and hire new workers during a visit to Woonsocket, RI. Unfortunately, the president doesn't have a clue how the economy works or how to grow small business and jobs. Read the rest of this entry
Head of the US Government Accountability Office (GAO) David Walker says that the US economy is unsustainable and as the baby boomer generation begins to retire medicaid will destroy the economy. Dear Reddit, My reddit profile is questionmark could you hook me up with some karma, please? Read the rest of this entry
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Raghuram Rajan was a single of the number of economists who warned of the international financial crisis ahead of it hit. Now, as the planet struggles to recover, it really is tempting to blame what occurred on just a few greedy bankers who took irrational risks and left the rest of us to foot the bill. In Fault Lines, Rajan argues that significant flaws in the economic climate are also to blame, and warns that a potentially much more devastating crisis awaits us if they are not fixed.Rajan shows how the individual alternatives that collectively b...