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You know Wall Street executive pay is too high when…

You know Wall Street executive pay is too high when…

There are plenty of people across the country as well as around the world who have something to say about the United States economy and Wall Street. The two have been skipping down the recession highway hand-in-hand for the past year and everyone sees it.
Executive …

Consumer confidence drops for October

Consumer confidence drops for October

The Consumer Board released October’s Consumer Confidence Index number today and it was below what anyone was expecting. It fell to 47.7 for the month which is the Board’s second lowest reading since May.
to put the number into perspective; a number higher than 90 means …

If something were to happen to oil, then we could all start having some real problems

If something were to happen to oil, then we could all start having some real problems

A disruption in the supply of oil could cause serious problems for the United States economy. Rather than an actual dependence on foreign oil, the supply of oil and the price increase that would happen as a result are actually a “national security” problem.
Keith Crane, …

A Lesson in Recession

A Lesson in Recession

There will be several recovery-based articles written here in the next few months. That way all the readers here can either learn more about what will be written here by this author in the next few months, what to look for as we recover, or …

Productivity the key to economic growth?

Productivity the key to economic growth?

According to a recent NewsWeek article, productivity could be the key to helping fix the economy.
When it comes to politics, neither side will ever agree on what exactly will save the economy. The conservatives on the right will tell you that tax cuts are the …