Daily Archive: Sunday, July 17, 2011

Business doesn’t create jobs, consumers do/more debt ceiling comments

Business doesn’t create jobs – consumers do! It is an article of faith by all parties involved that businesses are the job creators, particularly small businesses, and hence their every move is predicated on helping businesses create jobs. Mercy! Can’t they get anything right? Businesses hire to service consumers. A restaurant that’s ...Read More

MMT to President Obama and Members of Congress:

Comments welcome, and feel free to repost: MMT to President Obama and Members of Congress: Deficit Reduction Takes Away Our Savings SO PLEASE DON’T TAKE AWAY OUR SAVINGS! Yes, it’s called the national debt, but US Treasury securities are nothing more than savings accounts at the Federal Reserve Bank. The Federal debt ...Read More