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Are You Feeling The Squeeze?

Do you agree with the current analyses regarding this economy as strong, as spouted by the current regime? I sure don't... but then, I'm an American worker, so I don't count. More below.

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Is Saving Money A Virtue?

Saving money is a wonderful thing, isn't it?  If you can manage to save a decent amount, it can provide you with a measure of much-valued security.  Indeed, some people think so highly of the habit of...

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Where do you put your savings? w/poll

Three things happened last week that look to be the start of the long awaited fall of the US dollar, and the consequent decline of American living standards. - First the dollar broke through technical...

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Economics in the Real Word: Real World Money

Chapter 2, Part 1 of 3: Most of us use money every day. And as a result, we have a good feeling for what money is. Right? Wrong. The paradox of money is that it has to feel like its valuable, but using...

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How to protect yourself financially in 2008 (w/poll)

It's clear that the economy is going into its second recession in only 8 years.  The recovery from the first Bush recession was weak and, paired with the war in Iraq, left us with severe structural...

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Saving America!

Though America, via its current deranged, imperialist leadership, could soon create circumstances which will inevitably lead to the end of our world, it does have a nucleus of people who, given the...

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Couples Practice Loans Based on 10:20:30 Rule

My neighbor told me the 10%-20%-30% rule is too difficult for their kids to follow.  (That’s 10% down on a house, 20% reserve at closing, and no more than 30% of gross income.) I told them, if they...

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What's Coming Next, or Is Collapse Over, Nope!

I'm not an economist and the only real numbers I crunch are my personal expenses and when bidding construction jobs putting together those costs and percentages which in these latter years of my life,...

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Is this the Union you joined, cut Jr. to keep Sr. perks?

Is this the UAW Union you joined?  The Union leadership are thinking they should keep the senior member pay, perks and layoff the new workers.  The Jr. Union workers UAW want to layoff are the ones...

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A Penny Saved is Destructive

Just to clarify things: You need to embark on a savings plan, but also need to spend as much as you can. If this seems confusing, I invite you to the curious world of modern capitalism which differs...

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Morning Feature: Animal Spirits, Part III - Saving, Stock Prices, Real...

Why do Chinese save so much and Americans so little?  Why are financial prices so volatile?  Why does real estate boom-and-bust repeatedly?  Why are women and minorities more likely to be poor?These...

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I want to live interest-free in the USA!

 The shock of the current economic recession has stimulated some very interesting new attitudes and behaviors in the financial marketplace. As an example, I point to the Arianna Huffington-sponsored...

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Paradox of thrift and things.

If you save more, that is to say, if you consume less, you will be better off. If we as a society save more, we will be worse off. That is called the paradox of thrift.If you look at money, this is...

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Now is the time for "real" Tax Cuts

I'm serious!Now is the time for tax cuts.For a while the US was THE world's economic superpower. Now it is still a superpower, but a superpower weighed down by 5 heavy anchors (taxes) that are making...

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The magic tax cut

The RWNM, and Republicans in general, have a magic formula for any problem.Back in the days it was passed, the Bush tax cut for the rich was going to encourage a huge increase in savings. Not only were...

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Consuming 100%

I've pointed out that if "encouraging savings" really worked -- generally, it simply produces another tax avoidance for the rich -- it would lead to a decrease in production and, ultimately, a decrease...

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Indigo Kalliope: Poems From the Left: Eliminate Wall Street

Join us every Monday evening for drinks at the Daily Kos community political poetry club. Drop by and speak your mind in rhyme or blank verse. Poetry is always welcome in the comments. Let’s use...

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Bernie Sanders and Stephen Colbert duel over Corporate Personhood = WIN

While 75% of the 6% of Iowa Republicans who vote in primaries were voting for NOT Romney on Tuesday, you all might have missed this . . .Watch this brilliantly informative and humorous take on why...

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Unemployment and climate change both addressed by one plan

Devastating storms like Sandy last fall are increasing in number, and unemployment remains dangerously high. Hurricanes and unemployment are parts of two different, dangerous trends. But there's a...

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Living

International company Ikea is looking into raising their worker’s pay to a flexible ‘living wage.’ Starting next year, hourly wages in the store will be $10.76 an hour which is one of the highest in...

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Kitchen Table Kibitzing 12/26: K is For Kibitzing!

I’ve written about The West Wing on a number of occasions because it is my favorite television series ever. But it is also, for me, endlessly thought-provoking and topical. In the episode I am thinking...

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Conductive Concrete, Possible Life and Cost Saver

I was sitting on my couch, watching Innovation Nation, with it having a segment on Conductive Concrete. I am awaiting an ice storm to hit us with at least 5/8” of ice. Governor Brownback has asked...

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DK Preppers: Sunday, 23rd of September, 2018: Financial Prepping

Welcome to DK Preppers:  A place to discuss practical ways to get through emergencies, both short term and long. Topics may include skills for growing, storing and sharing food, lost and historical...

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Medicare for All cost studies: PERI vs the Urban Institute.

Hi’.It has become an habit of mine for the foreigner I am to talk about the studies done on Medicare-for-All. I talked about its pricetag and then briefly felt the need to remind people of the keyword...

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01/15 Open Thread: January 15 is Hat Day

t is also: Humanitarian Day, Museum Selfie Day, National Bagel Day, National Booch Day, National Hat Day, National Strawberry Ice Cream Day, National Fresh Squeezed Juice Day, Wikipedia Day, and those...

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Only in America!

                                          Coup d'étatBy                                           Mike ArroyoOnly in America do we have a wonderful and secure form of government. It allows...

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