10 Questions Everybody Should Be Asking
10 August 2010 4 Comments
Here are a list of questions that I believe every American should be asking as we move into the fall of 2010 and as we eclipse three years of the economic downturn that began in 2007.
- The stimulus bill of early 2009 is reported to have “saved or created” something like 4 million jobs. Even if this is true, that comes out to close to $200,000 per job. How is that acceptable?
- How much money has the Federal Reserve really printed in the last couple years?
- What is the real unemployment rate when factoring in people who are so demoralized that they have given up searching for a job?
- If unemployment benefits now last close to two years, what is the maximum that we’re going to allow? 3 years? 5 years? 10 years? More?
- Firms like Goldman Sachs that make most of their money trading (gambling), why do we connect their failure to the failure of the entire economy?
- How many people in the government are former Goldman Sachs employees?
- How much money are we willing to print to escape deflation? 5 trillion? 10 trillion? 100 trillion? Is there a max?
- What is the economic priority, maximum productivity and wealth creation or maximum employment?
- How much money has the Federal Reserve printed and sent overseas in the name of “global stability”?
- What percentage of the economy / GDP is dependent on defense and welfare spending?