Monday, April 22, 2013

Why is the U.S. Economy So Slow to Recover?

Since late 2007, the Fed has pumped more than $2 trillion into the U.S. economy by buying bonds. Economist Allan Meltzer asked: "Why is there such a weak response to such an enormous amount of stimulus, especially monetary stimulus?" The answer, he said, is that the obstacles to faster economic growth are not mainly monetary. Instead, they lie mostly with business decisions to invest and hire; these, he argued, are discouraged by the Obama administration's policies to raise taxes or, through Obamacare's mandate to buy health insurance for workers, to increase the cost of hiring.

Bill Maher: Islamic violence 'more than just a fringe element' - Washington Times

Bill Maher: Islamic violence 'more than just a fringe element' - Washington Times

Monday, April 8, 2013

WHY is the price per gallon of gas close to $4 if this is ture?

"The U.S. passed Saudi Arabia as the world's largest petroleum producer in November 2012, according to recently released data of the federal Energy Information Administration."