2 posts tagged with economy by Smedleyman.
Displaying 1 through 2 of 2.
How much? (sun times link) So the story is we're going to have an estimated $427 billion shortfall. So what does that mean? According to this guy the deficit is more of a metaphor than something real. According to newhouse news service the deficit gets added to the national debt (and is terrifying). According to this guy the deficit is not a well defined concept Will it stimulate the economy? Increase taxes? It's too complex for me even though it's in the news a lot. $7.9 trillion in debt doesn't sound good though... I think I'll just keep blaming this guy.
It's the stupid, economy. I'm no economist, but I'm reminded of the underpants gnomes business strategy when I read this. Obviously there is a political component (to the story) but what the $!@(# are the nuts and bolts? Why is pressuring economic engine states (California, New York) a good thing? (registration to the L.A. Times ... sry) Pretty much the same story here.