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economics – <font class="cstm-fnt" style=""><span style="font-size: 25.6032px;">curtandtheotherguy.com</span></font>

Tag: economics

Does the National Debt Matter?

The short answer is yes—and quite a lot. The US government has accumulated over 35 trillion dollars. To put that into perspective, 1 trillion dollar bills would stretch almost from the earth to the sun. Another way to think of 1 trillion is to imagine a jet flying at the speed of sound, dispensing a… Continue reading Does the National Debt Matter?

Media Bias/Stupidity/Brainwashing

Two huge international events occurred while our media is obsessed with Trump’s indictment: China brokered a peace deal between Saudi Arabia and Iran, and China and Brazil announces they will no longer use the US Petro Dollar as the trading currency. What Say Ye? Share your thoughts, post relevant articles, and like, follow, and subscribe.

Our Collective Response to Covid was Worse Than the Illness Itself.

Covid-19 is a real and serious illness that has taken the lives of over 1 Million Americans and almost 7 Million people worldwide. It is quite literally one of the most serious health threats we have faced in the last three years, but our collective response to it has had far more negative consequences than… Continue reading Our Collective Response to Covid was Worse Than the Illness Itself.

Weekly Musings 01/01/22

Quarantine restrictions for covid have been lowered. Rachelle Walensky: “CDC director Dr. Rochelle Walensky says the change was also motivated by economic and societal concerns. “With a really large anticipated number of cases [from omicron], we also want to make sure we can keep the critical functions of society open and operating,” she told NPR Tuesday.… Continue reading Weekly Musings 01/01/22

Minimum Wage

Maximum Facts About the Minimum Wage By James D. AgrestiMarch 9, 2021 Overview At 2:00 AM on Saturday, February 27, Democrats in the U.S. House of Representatives voted to pass a “COVID relief and economic support” bill at a cost to taxpayers of $1.9 trillion. The next Saturday, Senate Democrats passed a very similar bill, and President Biden stated he will sign it. This… Continue reading Minimum Wage

Federal Reserve

From 2017–things are much worse today: Let me try to simplify the National Debt and unfunded liability concept:  OUR National Debt is almost 20 Trillion; OUR GDP, or yearly income as a nation for 2016 was almost 19 Trillion. That’s like me making 19,000  a year and having 20,000 in credit card debt. Do you… Continue reading Federal Reserve