A chorus of Republican leaders have accused the President's plan of waging class warfare. As the President defends his plan from such attacks, we are distracted from the real issue - a growing divide between top income earners and the middle class.
The markets plunged at the news of flat-lining employment rate. The recovery is compounded by a work force anxious that they will lose their job. Washington appears gridlocked on the economy. What can businesses do to ameliorate the symptoms of recession.
The Dow's 521 point plunge marked a drop in confidence amidst Europe's worsening debt contagion and China's stalling economy - and U.S. austerity measures failed to calm the markets.
For decades environmentalists have argued that economics should take into account the costs borne by such externalities in order to discern the true overall value to society of any given action or activity.
...Women have a vested interest in condemning other women for engaging in casual sex because this lowers the negotiating value of sex for women. If females keep the availability of sex low, they can use sex to get more from men. It's simple supply and demand economics.
New employment sectors that will foster the needs of this economy based on quality of life will need to be added. This will include local community tied to human capacity development and environmental restoration/stewardship to support high quality of life.
If the Austrian School economists are right, the methods being employed by the President, the Congress, the Federal Reserve and the Treasury Department are exactly the wrong things to do for a swift end to the economic crisis.