Comments on: US Economy ≠ Recession http://www.americanmadness.com/2008/04/30/us-economy-%e2%89%a0-recession/ Intelligent Criticism in the Service of a Better Nation Thu, 08 Jan 2009 23:24:28 +0000 http://wordpress.org/?v=2.7 hourly 1 By: Eric Hazard http://www.americanmadness.com/2008/04/30/us-economy-%e2%89%a0-recession/comment-page-1/#comment-129705 Eric Hazard Thu, 01 May 2008 19:54:32 +0000 http://americanmadness.com/2008/04/30/us-economy-%e2%89%a0-recession/#comment-129705 I agree with you Jason. Food subsidies are bad news. I'd like a system by which American and European governments eliminate food subsidies and food import and export taxes. I agree with you Jason. Food subsidies are bad news. I’d like a system by which American and European governments eliminate food subsidies and food import and export taxes.

]]> By: Jason http://www.americanmadness.com/2008/04/30/us-economy-%e2%89%a0-recession/comment-page-1/#comment-129701 Jason Thu, 01 May 2008 19:38:44 +0000 http://americanmadness.com/2008/04/30/us-economy-%e2%89%a0-recession/#comment-129701 Certainly PART of the cause of increased food prices is the ridiculous practice of giving subsidies to farmers who sell their food for fuel instead of as food. So farmers are getting a better price to sell corn fuel than corn food. This creates a shorter supply of food, hence raising the prices. This has had no effect on reducing dependence on oil and no effect on reducing the cost of fuel. By the way, governments do the same stupid crap in Europe. Certainly PART of the cause of increased food prices is the ridiculous practice of giving subsidies to farmers who sell their food for fuel instead of as food. So farmers are getting a better price to sell corn fuel than corn food. This creates a shorter supply of food, hence raising the prices. This has had no effect on reducing dependence on oil and no effect on reducing the cost of fuel.

By the way, governments do the same stupid crap in Europe.

]]> By: Eric Hazard http://www.americanmadness.com/2008/04/30/us-economy-%e2%89%a0-recession/comment-page-1/#comment-129700 Eric Hazard Thu, 01 May 2008 19:34:14 +0000 http://americanmadness.com/2008/04/30/us-economy-%e2%89%a0-recession/#comment-129700 Thanks Josh. I blame the assault on the European dream on Republican economic policy. Just like I blame increasing global food costs and soaring commodities prices. It's been great voting for the party that rules over all. But since everything is also my party's fault, I guess I'll have to go off and live in the wilderness for a bit. Thanks Josh. I blame the assault on the European dream on Republican economic policy. Just like I blame increasing global food costs and soaring commodities prices. It’s been great voting for the party that rules over all. But since everything is also my party’s fault, I guess I’ll have to go off and live in the wilderness for a bit.

]]> By: Jason http://www.americanmadness.com/2008/04/30/us-economy-%e2%89%a0-recession/comment-page-1/#comment-129682 Jason Thu, 01 May 2008 17:14:06 +0000 http://americanmadness.com/2008/04/30/us-economy-%e2%89%a0-recession/#comment-129682 Except that vacations to New York (and the US in general) have probably increased given the low value of the dollar against the Euro. The other thing I'm concerned people will start cutting back on is English classes which is where I earn my money. Except that vacations to New York (and the US in general) have probably increased given the low value of the dollar against the Euro.

The other thing I’m concerned people will start cutting back on is English classes which is where I earn my money.

]]> By: Josh Friedlander http://www.americanmadness.com/2008/04/30/us-economy-%e2%89%a0-recession/comment-page-1/#comment-129668 Josh Friedlander Thu, 01 May 2008 15:32:50 +0000 http://americanmadness.com/2008/04/30/us-economy-%e2%89%a0-recession/#comment-129668 NYTimes: <a href="http://www.nytimes.com/2008/05/01/business/worldbusiness/01middle.html?em&ex=1209787200&en=52029311ec1217e0&ei=5087%0A" rel="nofollow">For Europe’s Middle-Class, Stagnant Wages Stunt Lifestyle</a> <blockquote>The European dream is under assault, as the wave of inflation sweeping the globe mixes with this continent’s long-stagnant wages. Families that once enjoyed Europe’s vaunted quality of life are pinching pennies to buy necessities, and cutting back on extras like movies and vacations abroad.</blockquote> NYTimes:
For Europe’s Middle-Class, Stagnant Wages Stunt Lifestyle

The European dream is under assault, as the wave of inflation sweeping the globe mixes with this continent’s long-stagnant wages. Families that once enjoyed Europe’s vaunted quality of life are pinching pennies to buy necessities, and cutting back on extras like movies and vacations abroad.

]]>