Category Archives: Money

“It doesn’t make any sense” III

Ethanol subsidies, first introduced in 1978 and expanded by Congress many times since, is one of the most egregious examples of ill-conceived government policy one can find. These subsidies have inflated food prices, undercut the competitiveness of U.S. cattle, hog … Continue reading

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“It doesn’t make any sense” II

The world population rose from 1.6 billion in 1900 to 7 billion in October 2011, and the U.N. projects that it will reach 9.3 billion by 2050. Achieving agreement on the “right” number of people may be impossible, but it’s … Continue reading

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“It doesn’t make any sense”

In his 2012 State of the Union speech, President Obama used the phrase, “it doesn’t make any sense,” a number of times to describe current policies he believes are wrong or ineffective. His examples ranged from giving tax breaks to … Continue reading

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Time to Take Charge

Wideanglethinking.com has recently posted discussions about the U.S. budget deficit challenges. Current Federal budget policies put the U.S economy on an unsustainable path over the next decade—unless Congress and the president agree on spending cuts, tax hikes, or both. What … Continue reading

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The Fed Strikes (out) Again!

The August 10, 2011 news headlines boldly announced – the Federal Reserve Bank (Fed) guaranteed super-low interest rates for two more years. What beliefs underlie such an historic declaration and what are the likely consequences?

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