#econonomy

[thesociologicalcinema]

You aren't poor because another poor person came to your country. You're poor because rich people exploit your labor.

[drwilda]

University of California Irvine study: Neighborhood affluence linked to positive birth outcomes

University of California Irvine study: Neighborhood affluence linked to positive birth outcomes

Moi blogs about education issues so the reader could be perplexed sometimes because moi often writes about other things like nutrition, families, and personal responsibility issues. Why? The reader might ask? Children will have the most success in school if they are ready to learn. Ready to learn includes proper nutrition for a healthy body and the optimum situation for children is a healthy…

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[antinwo]

http://www.cnbc.com/id/102501907

http://www.businessinsider.com/strong-dollar-is-a-signal-of-a-major-market-event-rate-hike-2015-3

[antinwo]

http://news.yahoo.com/us-running-room-store-oil-price-collapse-next-171025276--finance.html

http://www.huffingtonpost.com/2013/10/11/us-largest-oil-producer_n_4083406.html

[thoughtshrapnel]

New Zealand opens new front in currency war (by RussiaToday)

[fuckyeahmarxismleninism]

On June 1, the Labor Department reported that only 69,000 net new jobs were created in May, less than half of what economists had expected and less than a third of the relatively strong job growth of the December through February period. Immediately the Republicans and the Romney campaign blamed President Obama and his policies, especially the health care reform act. The Democrats and the Obama administration quickly fired back, blaming the Republicans for blocking their economic stimulus proposals in Congress.

The U.S. economy is showing signs of stagnation – that is, slow economic growth combined with ongoing high unemployment – ever since the financial crisis and deep recession in 2008-2009. When economic stagnation first showed up in Europe in the 1980s, mainstream U.S. economists blamed the European social democratic policies of high taxation and extensive social welfare programs like universal health care. Then economic stagnation spread to Japan in the 1990s and again mainstream U.S. economists blamed the Japanese government policy of supporting certain industries.

Now the third center of world capitalism, the United States, has joined Europe and Japan. With unemployment still more than 8% almost three years after the official end of the recession, it would take about six more years at the current rate of job growth just to gain back the jobs lost during the last downturn. The U.S. economy has followed a much more free-market approach of deregulation of industry, cuts in social welfare programs and attacks on unions since the 1980s. But Wall Street bankers, freed from regulations dating back the Great Depression, let their greed run amuck, leading to a boom and then bust in the housing markets that ultimately led the biggest financial crisis in the United States since the Great Depression of the 1930s.

[roxygen]

lol - it was Red Friday at the New York Stock Exchange.

Let the good times roll!

:|

Don't let news stories on Black Friday retail success fool you.