Showing posts with label Recession. Show all posts
Showing posts with label Recession. Show all posts

Thursday, October 14, 2010

Mental Health Break

The recession hit millions hard in 2008, but it also hit rich people. Some say they feel left out and forgotten. People must not forget about the rich.

"It's just not fair," said the 49-year-old real estate developer and grandson of oil baron Duncan Chandler. "Everyone is worrying about an uncertain future and coming together to express their outrage, and I don't get to be a part of it."
Staring out at the ornate garden where workers were installing a large marble fountain, Chandler sighed and added, "It's like I don't even exist."


Read more about this catastrophe at The Onion.

Thursday, September 23, 2010

Washington Spends Sloppily



Senator George Lemieux from Florida has a point here. He says that government spending is a problem, which is inefficiency. Tax payers money does go and should go necessary programs such as Medicare and Social Security, but a large sum is wasted in an unclear fashion. If taxes were raised after the recession and government spending was more efficient, wouldn't a grand sum of capital be available for paying off America's crippling amount of debt?