Tag Archives: economy
Unintended Consequences of Sudden Economic Change
My wife was driving on the freeway and decided to switch to the fast lane to get around traffic. As she did so she thought she saw something on the road and suddenly swerved to avoid it. Her car swerved … Continue reading
Posted in Economy, Government
Tagged budget, controled budget, economy, national debt, recession, sudden change, sustainable, unintended consequences
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Prosperity is with the Masses
Henry Ford really had the right idea when he came up with the brilliant idea of paying his employees enough of a living wage that they could afford to buy one of his cars. He clearly understood the concept that you needed the masses of people to become affluent enough to buy more than just the essentials in life in order to have a thriving mass production industry. Customers have always been the lifeblood of businesses. The more customers the better. What better customer base can you have than the vast majority of the population. Continue reading
Posted in Economy, Government
Tagged affluent, customer, economic engine, economy, goods and services, living wage, masses, Middle class, prosperity, ritch, spend, taxes, Wealth
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The Economic Power of the Middle Class
The top 1-2% would like the public to think that they are responsible for stimulating the economy and thus deserve tax relief so that they will have more to stimulate economic growth. It truth it is those who spend not those who are wealthy that stimulate the economy. The very rich spend only a small percentage of their wealth on goods and services. The middle class spends the majority of their income on goods and services thus creating the demand that contribute the greatest share towards economic growth. Continue reading
Posted in Economy
Tagged benefit, Business, capitalism, Economic growth, economy, goods, Henry Ford, invest, investment, job, Middle class, Obama, profit, recovery, Republican, rich, salary, services, spend, tax, wealthy, worder
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ouR Social Conscience 