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paradox of thrift

Posted by MichaelChabler on June 22, 2010 at 10:22 PM Comments comments (0)

If we don't fix the economy first, the national debt will continue to grow. We could fall into a tailspin where we keep cutting budgets and the economy keeps getting weaker. Thus, revenues keep falling and budgets are subsequently cut some more. This cycle could continue while the national debt, the thing we have been trying to get a handle on, keeps growing.


See my blog post at 

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Getting By, or Saving Up

Posted by The American Distress Call on February 14, 2009 at 7:15 PM Comments comments (3)

Because of the so called economic crisis our country is going into, I felt compelled to write a paper on how to get by in tough times or how to simply save up some money. There are so many resources available both on and offline that can considerably lower your costs on everyday items.

 

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Political Rallies

Posted by The American Distress Call on February 14, 2009 at 7:13 PM Comments comments (1)

Late in the 2008 election year, once it had narrowed down to two candidates, Senator John McCain, Republican candidate, and Senator Barack Obama, candidate for the Democratic Party. I became intrigued with learning about the individual candidates and their entirely diverse and firm stances on issues. Although I was not old enough to vote, I understood the importance of educating myself on government issues and that being able to vote or not I could still participate i...

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