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Archive for ‘Jobs/Unemployment’

What You Need to Know About the Sequester

From National Federation of Republican Women Political Briefing

Week of February 14, 2013

What is the sequester? The sequester was an idea brought forth by the Obama administration during debt ceiling talks involving the “super committee” of 2011.  The sequester was the administration’s threat over the super committee to bring about budget cuts of 1.2 trillion dollars over …

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Guest Blog: Is the Fairtax a Solution?

A month ago I was introduced to the FairTax and became an instant fan.  Imagine taking home 100% of your paycheck – no federal taxes, social security, or medicare withholding.  Instead, you are taxed only on the new goods and services you consume.  So yes, this makes everyone a stakeholder in the money sent to our …

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The Fed versus Deflation, Inflation and Stagflation

The mighty Federal Reserve certainly has a big job to fight all things bad in the economy – unemployment, recession, deflation, inflation and something we haven’t seen in a while, but seems to be on the horizon –big, bad, ugly stagflation.

Bernanke declared war on deflation with his easy monetary policy after the financial crisis and …

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Will QE2 Boost our Economy and Create Jobs?

During the third quarter, the S&P 500 rose about 11% thanks mostly to the anticipation of a second round of quantitative easing, QE2 – the Fed plans to buy over $600 billion of treasuries vehemently trying to avoid a double dip recession.

Economic improvements have been tepid and recent deteriorating data helped push the Fed’s decision. Unemployment is still high and hasn’t budged much and even edged higher to 9.8% down from 10.1% last October, although weekly jobless claims are trending lower, finally. GDP growth has slowed from 4-5% at the beginning of the year to about 2% the last couple quarters.

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Austerity or Not?

Austerity has become quite the buzzword recently. What does it mean and how does it affect you?

According to Wikipedia, austerity is when a government reduces its spending and/or increases taxes to pay back creditors because its fiscal deficit spending is believed to be unsustainable.

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