Category: Government

Freedom in Middle East

With the protests in Egypt, there is the real possibility that some Arab and Muslim countries will allow more freedom for their citizens. Because of prior US support for the autocrats in charge, Obama and his administration must make sure that the new freedoms are seen there as allied with fundamental US principles and that…

The Cost of Tea

The Republicans and the Tea Party want to balance the budget and shrink the government. Laudable goals, but you have to get through the immediate economic reactions of lower aggregate demand – unemployment increase with government workers and sagging GDP growth. … and the lost Republican majority in the Senate …

Demographic Changes

Demography and Unemployment In the last 10 years, the US population has grown 27M and the working age population has grown 19M In the next 10 years, the US population will grow 27M but the working age population will grow only 7M. The baby boomers retiring. Implying last decade we needed to add 160K new…

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