Understanding Macroeconomics and Finance

iVillage Member
Registered: 04-22-2003
Understanding Macroeconomics and Finance
74
Fri, 07-29-2011 - 3:54pm

I am pursuing my MBA and just finished Economics and Finance courses. They have been eye opening as well as reason to be all the more frustrated at what goes on in politics and Media. Media is so much to blame for the way topics are discussed these days. I am talking about all media outlets, FOX, CNN, NBC, NPR etc etc. They never ask right questions, mostly they don't know what are relevant questions to ask. The politicians do nothing but spin whether they are on the right side or wrong.

I wrote some of my thoughts from what I have learned...

Pages

iVillage Member
Registered: 09-08-2008
Fri, 07-29-2011 - 5:10pm

Great post. Thank you for taking the time to write this. I am looking forward to the feedback you get on this (from both sides).

Avatar for xxxs
Community Leader
Registered: 01-25-2010
Fri, 07-29-2011 - 9:26pm

Thank you

dragowoman

iVillage Member
Registered: 06-07-2011
Sat, 07-30-2011 - 9:48am

(If the congress had passed the deficit plan by cutting some expenses in entitlements eliminating fraud and increasing revenue by closing tax subsidies for certain industries, we would not be facing what we are facing right now.))

Democrats don't want to cut expenses in entitlements and Republicans don't want to close tax subsidies for certain industries...neither do a few democrats.

iVillage Member
Registered: 10-25-2006
Sat, 07-30-2011 - 10:16am

<

-----------------------------------------------
http://www.pnhp.org/news/2009/october/meet_the_new_health_.php

http://www.youtube.com/watch?v=DQTBYQlQ7yM

iVillage Member
Registered: 03-02-2009
Sat, 07-30-2011 - 10:42am

So it baffles me when left leaning pundits’ talks about Clinton’s surplus and how Bush era squandered it because the conditions at the time when the budget was balanced and surplus projected were different from after 911 and equally baffled that Republicans are not able to coherently talk about real economics to explain the situation about budget surplus. It is like no one understands economics ...

You and I know that anything they say or project about cuts and spending out into the future, really don't mean much at all. Today's Congress can not tell next year's Congress what to do. In the recent debt ceiling negotiations, they are promising trillions of dollars in cuts over the next ten years. They might as well as promise $100 trillion in cuts, because it's not going to happen.

I think the reason they don't speak as though they understand economics is because they can't claim they are making huge cuts in speanding if they did.

"Resist, we much. We must, and we much. About that, be committed."

iVillage Member
Registered: 03-02-2009
Sat, 07-30-2011 - 10:57am

Oh, and if you really want to enhance you education from a legal perspective, listen to the Mark Levin Show. He is a sharp legal mind on the right, and knows his stuff. The stuff you get on TV is mostly mush, and you won't learn anything.

"Resist, we much. We must, and we much. About that, be committed."

iVillage Member
Registered: 05-05-2009
Sat, 07-30-2011 - 10:57am
I enjoyed reading your post very much. I agree with some of what you said, but I was wondering, IYO,what effect do regulations from agencies like the EPA or from bills such as the Frank Dodd Act or the Healthcare bill have on business and job creation. No, new taxes haven't been imposed, yet, but do you think regulation, fees and potential future burdens such as those created by healthcare have an effect on job creation and unease among business. Uncertainty makes business nervous and I just wondered if you see that as being part of the current problem.

Then, I was wonderng about this "No matter who was in office right now, the projected US deficit would have been same as it is now due to reduced intake of revenue and economic conditions."
So even with a president that wouldn't have imposed stimulus as well as the aforementioned impositions you think our economy would still be in this shape?

iVillage Member
Registered: 10-25-2006
Sat, 07-30-2011 - 6:54pm
Mark Levin, from Wikipedia:

-----------------------------------------------
http://www.pnhp.org/news/2009/october/meet_the_new_health_.php

http://www.youtube.com/watch?v=DQTBYQlQ7yM

iVillage Member
Registered: 06-07-2011
Sat, 07-30-2011 - 8:34pm

Rachel Maddow?

iVillage Member
Registered: 03-02-2009
Sat, 07-30-2011 - 8:47pm
janetlz wrote:
Andrew C. McCarthy wrote of Liberty and Tyranny in The New Criterion:
We are in the high tide of America’s Leftist ascendancy: the Obama evisceration of individual freedom and installation of authoritarian collectivism—at warp speed, driven by an ambition that would have made Woodrow Wilson and FDR blush. Against this tidal wave, Levin offers not so much a defense as a plan of attack, a clarion call to roll back the seas of Change.[16]

Taking a contrary view, Steve Almond of Salon wrote that

the tantalizing beauty of a Mark Levin's text resides precisely in this ability to attribute any crisis of State to its nefarious indulgences. The current economic meltdown, for instance, should not be blamed on the psychotic greed of Wall Street, but on the State's deranged need to throw money at the poor and undeserving.[17]
------------------------------------------------------------------------------------------------------------------
My eyes see the contrary view.

"Resist, we much. We must, and we much. About that, be committed."

Pages