From Huffingtonpost: Future Economists Will Probably Call This Decade the ‘Longest Depression’ Sounds like goalpost moving, where slightly mediocre growth becomes a ‘depression’. The 2008 recession, while deep and sudden, was narrow, only lasting about 16 months until growth picked up, where it has remained. Hardly a decade. Also, the authors seem to be cherry… Continue reading The Daily View: ‘Longest Depression’, Basic Income, Pinterest
Tag: entitlement spending
Addresing the Problem of Entitlement Spending
With few exceptions, risk-taking, being smart, hard-work, and creativity is a path to prosperity in today’s super-competitive economy and unbridled plutolatry, more so than any prior decade. Stocks will keep going up and people will keep getting richer than ever even if many, on a personal level, are unable to participate in the economic recovery.… Continue reading Addresing the Problem of Entitlement Spending