Category Archives: Economy

Things the United States Makes

Why, then, do so many Americans think that nothing is made in America anymore? Well, the answer is that America tends not to make that many consumer goods that people buy every day. Rather, it makes things like cars, commercial airplanes, heavy construction equipment, and tanks. But if you ever decide to buy some heavy industrial equipment for your house, it’s probably going to be American. Continue reading

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A Potent Illustration of the Problem With Our Country

Enron was one of the biggest scandals to ever hit the business world. The failure of Lehman Brothers directly caused the financial crisis from which the United States is still feeling the effects. One would think that the directors of these failed firms – the worst failures in this decade – would have been punished by the market for their poor oversight. Continue reading

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Why Republicans Aren’t Serious About Reducing the Deficit

Republicans talk a good game about why the United States must reduce its debt. Continue reading

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Why Don’t Republicans Use the Word “Middle-Class”?

The 2008 presidential election was all about the middle-class. Americans worried about how the recession would affect the middle-class, whether or not the middle-class was in decline, and what could be done to revive the middle-class. The 2012 presidential election looks as if it will be waged on the same themes. Continue reading

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Assessing Republican Seriousness on the National Debt

Yesterday Representative Paul Ryan of Wisconsin made the Republican response to President Barack Obama’s State of the Union address. Mr. Ryan’s speech focused heavily on the national debt, which he declared as a one of his “greatest concerns as a … Continue reading

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