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US economy


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How a Generative Economic Strategy Trumps ‘Trickle-down’

November 10, 2008 :: J.E. Robertson :: One Comment

To understand the relevance and virtues of Barack Obama’s economic vision, we have to look at the long history of struggle between American laissez-faire capitalism and American middle-class capitalism. We are on the verge of what is likely to be a comprehensive philosophical shift in economic policy toward generative investment, which means counting as economic imperatives the resilience and productive expansion of the positive bases of economic growth, i.e. human and environmental health and well-being, resource-density and cyclical models of resource use and reproduction.

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Tax Cuts Versus Tax Credits: Why Not Reward Businesses that Build Back the Economy?

August 28, 2008 :: J.E. Robertson :: No Comment Yet

As is usually the case in a presidential election year, we are hearing non-stop talk about cutting taxes. The Republican candidate, as usual, relentlessly accuses his Democratic opponent of conspiring to “raise taxes” and “punish” American businesses for success. And as usual, we are being deprived of an opportunity to really examine the facts of the matter. The truth is, both Obama and McCain are proposing their own tax-cut plans, but we might be better served by thinking about tax-credits, and what they should be aimed at achieving.

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Australia plans increase in food aid, due to soaring prices; Bhutan becomes democracy; new Tibet protests reported in Qinghai province, China…

March 24, 2008 :: admin :: No Comment Yet

24 March :: Australia’s gov’t is contemplating increases in food aid to poor regions, nations, after study of soarng food prices, mounting scarcity; SMH reports “A steep two-year rise in global food prices, which in Australia has triggered the Federal Government’s inquiry into grocery prices, has taken a heavy toll on poorer populations, particularly in [...]

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3rd undersea internet cable cut in recent days; US economy loses 17,000 jobs, signaling slowdown; eye-tracking tech moves into video-gaming…

February 1, 2008 :: admin :: No Comment Yet

1 February :: After two undersea internet cables were cut by unknown means in recent days, in the Mediterranean, a third has been cut in the Persian Gulf, off the emirate of Dubai; two of the cables belong to FLAG Telecom, and the cuts interrupted phone and web traffic from Europe to India… Bloomberg reporting [...]

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Ethnic violence spreads in Kenya, US envoy says "ethnic cleansing"; Australia to apologize to Aboriginal minority for past abuses…

January 30, 2008 :: admin :: No Comment Yet

30 January :: US envoy to Kenya, visiting to evaluate tribal violence spreading across east African nation, says “clear ethnic cleansing” taking place in efforts to purge certain areas of Kikuyu tribe members, loyal to fellow Kikuyu, Pres. Mwai Kibaki, accused by opposition of rigging December elections… CSM reports on observers’ feeling that violence in [...]

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Kennedy to endorse Obama in wake of SC win; IMF warns fiscal crisis could spread, worsen; Kisumu, Kenya, ablaze amid riots…

January 28, 2008 :: admin :: No Comment Yet

28 January :: Sen. Edward Kennedy (D-MA) to announce support for candidacy of Sen. Barack Obama (D-IL); sources tell press Sen. Kennedy will make announcement alongside niece, Caroline Kennedy, youngest daughter of assassinated pres. John F. Kennedy, who wrote in Sunday NY TImes that Obama has the capacity to inspire people the way her father [...]

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Civil war in DR Congo has claimed 5.6 million lives in 10 years, 45,000 die per month; peace deal signed in eastern DR Congo bet. rival factions…

January 23, 2008 :: admin :: No Comment Yet

23 January :: DR Congo death toll since 1998 now stands at 5.6 million, with 45,000 still dying each month in 10-year ongoing civil war; Democracy Now! reports that “Amidst the deadliest conflict since World War II, hundreds of international corporations have reaped enormous profits from extracting and processing Congolese minerals”, speculation has long weighed [...]

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Kibaki offers opposition potential power-sharing role in gov’t to ease tensions; Scotland Yard team arrives in Pakistan…

January 5, 2008 :: admin :: No Comment Yet

5 January :: WSJ reporting “After a week of political stalemate and bloodshed, Kenyan president Mwai Kibaki said Saturday that he was prepared to form a government of national unity with the opposition, easing tensions between the two side and potentially setting the stage for negotiations to end violence that has so far killed at [...]

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Economy of Errors: How Abundance May Bring Scarcity

November 22, 2005 :: J.E. Robertson :: 2 Comments

The global economy in its present form is not only full of and forced to deal with problematic distortions; it has come to depend a great deal on the “bubble” effect of certain miscalculations and manipulations. Assumptions built into weak threads in the economic web mean that markets are not able to set prices or distribute wealth at sustainable levels.

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