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Keyword: thedeficit

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  • America could in fact avoid bankruptcy

    02/27/2011 1:41:13 PM PST · by WesternCulture · 15 replies
    02/27/2011 | WesternCulture
    Many Americans of today enjoy a high standard of living, but unemployment is on the rise and no signs of economic recovery is in sight (please correct me if you think I'm wrong). In order to make things worse, USA has also elected a certain Liberal named Obama for president. By and by, America, a nation which still is admired by many over here in Europe (I'm Swedish by the way), a nation which once ruled the World, is becoming more and more like a backyard of today's international business scene. Yes, it IS that bad. I live in Gothenburg,...
  • Would a national sales tax help bring down the deficit?

    12/14/2010 7:14:14 AM PST · by jackspyder · 54 replies
    Yahoo! News ^ | Dec. 13, 2010 | Jane Sasseen
    Could a national sales tax help fix the deficit and gain enough political support to break the stalemate in the nation's capital? Yahoo! reader Brad Sylvester believes it could. Following a contentious midterm election, some 81 percent of respondents to a recent ABC News/Yahoo! News poll said they expect partisan warfare and inaction to continue over the next two years. ... There are plenty of ideas on how to return the government to fiscal responsibility. ... Many Republicans refuse to consider any tax hikes at all. And many liberal Democrats — who, ironically, may have even more power in the...
  • Why won't American, German, Japanese, British and French economy grow by 5% this year?

    10/28/2010 10:59:56 AM PDT · by WesternCulture · 38 replies
    10/28/2010 | WesternCulture
    I'm Swedish and I admit my nation has made a lot of mistakes throughout the centuries. But, in resemblence to the other Nordic nations (Scandinavia + Finland), we know how to run an economy. From people who live in other parts of the World pretending to understand macro economics I often hear remarks like "Norway is rich because of oil" and "Sweden is a small country with a homogenous population that therefore is easily governed". A nation like Libya too houses a homogenous population and has even more oil and gas reserves than Norway, but can't exactly compete with Scandinavia...
  • US election watch: The case for McCain

    11/03/2008 9:37:00 AM PST · by WesternCulture · 4 replies · 489+ views
    www.thelocal.se ^ | 10/30/2008 | Mathias Sundin
    Many of us Europeans wish to see McCain as the next president of the United States of America, even though we who do may not constitute a majority. While electing the next president itself, naturally, is a solely American business, I think it's worth pointing out that many aware and well educated Europeans DO NOT support Obama even though he, undeniably, is the the favourite candidate of most PC European politicians and journalists - and most of our politicians and journalists are appallingly PC. The article by Swedish politician Mathias Sundin: "As Americans everywhere prepare to go to the polls,...