Browsing All posts tagged under »fiscal deficits«

What happens when politicians, conservatives and liberals get together to make economic policy? a recipe for economic catastrophe!

September 1, 2010 by

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Written by Orphe P. Divounguy In May 2010, something really odd happened: our “great” allies from the other side of the pond decided on a coalition government between a Conservative party, usually the party associated with lower spending/taxes, and the Liberal-Democrats that promised anything but fiscal adjustments.  The Conservatives promised to cut government spending, and […]

Job Growth in May: economic recovery or another bubble driven by Government spending?

June 4, 2010 by

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The May jobs report tells us that government created 10 times more jobs than the private sector, the engine of growth for our economy. Most of this government job creation is financed by government spending! With unprecedented deficits and government debt all around the world, the so called economic recovery seems to be entirely financed […]