US economics Archives - RichMeyer.org

Meltdown???

Is an economic meltdown coming? And is that good or bad?

Over the last 85 years, republicans controlled the three branches of government: president, senate, and the house of representatives only 2 times until now. The previous times resulted in a meltdown: 1929 and before ushered in the Great Depression; 2001 to 2007 resulted in the

R.J. Meyer2018-04-23T15:18:22+00:00February 4th, 2018|

Deficits…Funny Money!

During the election of 1980, Ronald Reagan chastised Jimmy Carter for running up a deﬁcit of about $40 billion. Basically, a government deﬁcit consists of borrowing the amount of the deﬁcit and then ‘kicking the can down the road’ for a future generation to clean up.

Within a couple years, Reagan started running up deﬁcits of

R.J. Meyer2018-04-23T15:19:25+00:00January 12th, 2018|