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Trickle-Down

Trickle-Down

The Government Can Afford Anything It Wants

If you’re like me, once or twice in your life you have jolted awake from the edge of sleep wondering, How exactly does the government pay for the military? As we all know, the military is an expensive endeavor. In 2019, its budget was $716 billion, an increase of $80…
bubmag
June 19, 2020
Trickle-Down

Goldman’s global stock chief breaks down how the historically swift COVID-19 bear market stacks up against 140 years of history — and offers a look at what’s next

Courtesy photo Peter Oppenheimer is chief global equity strategist and head of macro research of global investment research at Goldman Sachs in Europe. Oppenheimer explains how investment cycles have occurred in consistent six-year cycles since 1880, almost unaffected of economic influences such ebbs and flows in inflation, collapses of major…
bubmag
June 17, 2020
Trickle-Down

Covid leaves us an amazing opportunity

Your news how you want it. On the go and no time to finish that story right now? Your News is the place for you to save content to read later from any device. Register with us and content you save will appear here so you can access them to…
bubmag
June 14, 2020
Trickle-Down

Economic austerity is no way to deal with the COVID-19 pandemic

The COVID-19 pandemic further rubbishes the idea that austerity is an appropriate economic response, writes Professor John Quiggin. OVER THE COURSE of this pandemic, I’ve been looking at zombie ideas in economics and the threat they pose. These are ideas that should have been killed by the evidence against them that has accumulated…
bubmag
June 3, 2020
Trickle-Down

Does the American Dream still include small businesses?

An architect fighting for Main Street retail and his design firm dares to question the myth.Pexel: Free to use. No attribution required.Up until around March 10th, 2020, my career path looked like one long road. And my daily routine was similar to that of a roadie managing a band, or…
bubmag
May 25, 2020
Trickle-Down

Why “essential” workers are treated as disposable

Grocery store clerks. Fast-food cashiers. Hospice care workers. Bus drivers. Farmworkers. Along with doctors and nurses, these are the people who are putting their own lives at risk to keep our society functioning day in and out amid the worst crisis of our lifetimes. We call them heroes, we label…
bubmag
May 22, 2020