Category Archives: Economics

Let Post Offices Replace Payday Lenders

Vote for this idea by signing this petition. A few days ago, a diary was posted explaining that the US Inspector General had recently endorsed the idea of the United States Post Office offering simple banking services in addition to … Continue reading

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Retiring in Style for the Average Family

“It was the labor movement that helped secure so much of what we take for granted today. The 40-hour work week, the minimum wage, family leave, health insurance, Social Security, Medicare, retirement plans. The cornerstones of the middle-class security all … Continue reading

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US’s Greatest Crisis Today

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Trickle Up Economics

hgus ~ It’s not about the economy, stupid Companies are so efficient at maximizing shareholder value and profits that if we mandated 30 days vacation, we would increase the demand for labor by more than 10%. This would wipe out … Continue reading

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Viral Video Shows the Extent of U.S. Wealth Inequality

Think you know where the money is distributed in the US? Think again. Mashable: The issue of wealth inequality across the United States is well known, but this video shows you the extent of that imbalance in dramatic and graphic … Continue reading

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Baby You’re a Rich Man

“The good news is that, according to the Obama administration, the rich will pay for everything. The bad news is that, according to the Obama administration, you’re rich.” ~ P. J. O’Rourke The Wall Street Journal provides this fascinating look … Continue reading

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Protect Yourself from ID Theft

“I don’t need to worry about identity theft because no one wants to be me.” ~ Josie Fleschute Approximately 15 million United States residents have their identities used fraudulently each year with financial losses totalling upwards of $50 billion. On … Continue reading

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Kids are Shopping Online

“Shopping tip:  You can get shoes for 85 cents at the bowling alley.”  ~ Anon How do we introduce younger consumers to online retail? With limited research, I can say with 0% certainty that nothing comprehensive exists to teach young … Continue reading

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Parenting 101: You’re Fired

“Most people work just hard enough not to get fired and get paid just enough money not to quit.” ~ George Carlin When my two kids became old enough to have chores I took each of them, to the back … Continue reading

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Looking forward to the Cashless World

Face it, money in the form of bills and coins will soon be a distant memory. In 20 years,  more than 80% of sales will involve electronic money in some form or shape. And the bank that figures that out … Continue reading

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