Posts Tagged ‘ Economy ’

Driven by a decline in satisfaction with work life and family life, overall well-being initially plummeted in countries directly affected by the fall of the Iron Curtain, reveals an important new study. The research, forthcoming in the August 2009 issue of the Journal of Economic Behavior and Organization (Richard A. Easterlin. â’Lost in Transition:...
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Following are excerpts of President Obama’s address to the joint session of Congress: “While our economy may be weakened and our confidence shaken; though we are living through difficult and uncertain times, tonight I want every American to know this: We will rebuild, we will recover, and the United States of America will emerge...
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Here is a basic overview of the stimulus plan. You will notice some are not going to affect or stimulate the economy at all, just a bunch of pork. First-time homebuyers purchasing a home before Dec. 1 will receive a US$8,000 tax credit. While this would in theory support the housing industry now, the...
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Contributing editor Lee A. Sheppard of Tax Analysts, the nonprofit publisher of Tax Notes and other print and online publications, raises the thorny question in “Palin’s Reimbursement Problem” in this week’s Tax Notes. Did Sheppard find a problem with Palin’s return? “Darn right we found a problem,” she writes with her typical flair, “and...
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1907 the United States paniced over when the stock market fell. The economy was in recession and there were numerous runs on banks and trust companies. The panic’s primary cause was a retraction of loans by a number of financial institutions, Wall Street and banks that had loaned money for failing schemes. How did...
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