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Currently Browsing: Economics

My Picks for Top Tweets: 28 August 2017

The big news today of course is the storm and flooding in Texas. I find it really hard to get my head around the amount of rain that’s fallen in the area. There are place in NZ that flood quite often, and I’ve been in some biggies in my life, but nothing like this. Tweets cannot do it justice, but I’ll try. I’m also going to indulge myself by using some of my own tweets today. They... read more

Trump Formally Withdraws the United States from TPP

On Monday, Donald Trump signed three memoranda. As a result of the first, the US is no longer part of the Trans-Pacific Partnership (TPP). The second imposes a freeze on hiring federal employees, except for the military. The third order pulls funding from international organisations that discuss or perform abortions. All three policies are damaging to the United States. Imposing a freeze on federal... read more

Why Trump’s Tax Cuts Probably Won’t Create the Jobs He Promises

Donald Trump has been telling everyone that he’s going to cut business taxes to 15% and make up the reduction in federal income by introducing a consumption tax. According to him, this will kick start the US economy and bring back well-paid jobs. He has support for his plan in the Republican House and Senate, so it’s likely to happen in some form. Trickle-Down Economics The Trump formula, at... read more

Putin’s Russia

2016 has been Putin’s year. He has succeeded in much of what he wants. He tells himself it’s about Making Russia Great Again. In reality, it’s about Putin himself. The Russian people are suffering and because of Putin, so are millions of others. And it’s going to get worse before it gets better. Putin and Russia Putin has been the face of Russia since 2000. Since then, he has... read more

America’s Healthcare Problem

It’s less than two weeks before election day and it’s just been announced that Obamacare premiums are increasing significantly next year. In a normal election cycle this would have been the October surprise that could have sunk the Clinton campaign, but Donald Trump has already damaged his own campaign so much that it’s likely to make little difference to the final result. However,... read more

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