How is abenomics working out? It doesn’t seem to be boding well for the government of Japan, the Japanese central bank or consumers. The country’s finance ministry released data showing the tremendous debt burden that it is experiencing: one quadrillion yen, specifically 1,008,628,100,000,000 yen. In United States dollars, this is $10.5 trillion, still far short […]
Archives for August 2013
Poll: 74% think Americans rely too much on the government
The United States government has grown dramatically in just the past decade alone. It seems the federal and state governments have attempted to intervene themselves into everyday issues and become the crusaders of justice for all Americans. This is why Americans are starting to think their fellow citizens rely too much on Uncle Sam and […]
Rep. Ellison thinks Americans’ money belongs to the government
Minnesota Democratic Congressman Keith Ellison is an advocate of big government, which was rather prevalent in his latest remarks about the people’s money being in the hands of the government. Speaking during a roundtable discussion with the Progressive Democrats of America in Washington, D.C. on Jul. 25, Ellison made the point that the federal government […]
How the economic collapse is turning America into a part-time jobs economy
There are two elements inherently wrong with jobs numbers: the unemployment rate does not consist of part-time jobs and the adding of jobs each month includes part-time employment, which skews the released data. Due to a number of aspects, most predominantly because of Obamacare, the United States is transitioning into a part-time jobs nation and […]
Is a tax holiday coming to your state this year?
Massachusetts Democratic Governor Deval Patrick is expected to sign legislation soon that would make The Bay State the 18th state in the Union to become part of the back-to-school tax holiday this year. This has become the latest trend in the United States in a bid to jumpstart the economy. So far this year, 17 […]