Cut Business Expenses

Economists and investors have been arguing the debate between inflation vs. deflation for the past year. Most Americans support inflationists like legendary Marc Faber and Kiyosaki with a rising tide of spooky deflationists like Mish Shedlock and Henry Dent driving people to bury what little money they have in their backyard or converting their investments into gold. Take a deep breath, step back and evaluate the inflation vs. deflation scenarios. First, real estate is a hard asset that does w

The following is a sequel post to " The Rise and Fall of Artificial Wealth " A slogan on the White House website states " A Strong Middle-Class = A Strong America ." Vice President Joe Biden, recently gave a speech at the Brookings Institution on the status of the economic stimulus plan and shared several examples of how the American Reinvestment and Recovery Act is starting to benefit the economy, including middle-class Americans. We applaud the positive points he addressed. Howev

Unemployment is disastrous on both the individual and societal level. Individuals who look for work but can’t find it are miserable.On the national level, high unemployment is both cause and effect concerning other problems with the economy. As we’ll see below, high unemployment results from a weak economy and – in turn – weakens the economy.Until the causes of, and solutions to, high levels of unemployment are understood, we will not be able to solve the problem.How High is Unemployment?Before

by David Walsh, WSWS Contrary to Obama administration and media claims about the recession “easing,” millions of working people in America are losing their jobs, earnings and health care benefits at an accelerating pace. While executives at Goldman Sachs, JPMorgan Chase and other financial giants prepare to pay themselves billions of dollars this year in salaries and bonuses, life has continued to become more and more difficult for a broad layer of the population. The New Y

JERSEY CITY, New JerseyAlfa Demmellash grew up on less than a dollar a day, and against the backdrop of torture and murder. But these days she’s living the American dream and helping others do the same. Alfa Demmellash helps low-income entrepreneurs in NewJersey start or grow their businesses. “Entrepreneurs are at the very heart of what the American dream is all about,” says Demmellash, a native of Ethiopia. And from her small office in Jersey City, her nonprofit, Rising Tide Capital, is helpin