The Dollar rose against other major currencies after industry data showed that U.S. existing home sales fell to their lowest level in 15 years (3.83M vs. 4.68M forecast), causing a sell-off of higher yielding assets. Ranked 1.00 / 5 | 3 views | 0 comments
Every couple years People in the US possess the right to vote in an election for a different bunch of political figures. Several elections have surprising implications which unfortunately quite a few voters tend not to actually thoroughly comprehend. By way of example this midterm election on its way in Nov is going to be extremely vital on countless methodologies.
Now is the time more than ever for instant decisions and actions; before you know a lucrative deal might be signed off right under your nose. You might have a brilliant business idea, which can be a huge success or have found a house thats quite the bargain for you. You need to be quick on your feet to grab the opportunity otherwise someone el….
Somebody’s making money in this economy. Unfortunately, it’s not the middle class or the working class. And that’s our real problem….
This is just one more manifestation of increasing income inequality in America, where the rich have gotten richer and the middle and working class have gone into debt to merely hang on. Whenever I write about the need for corporations and the wealthy to shoulder their fair share of taxes, I can count on receiving numerous e-mails instructing me that we need to cosset the rich because they’re the source of job growth. "I’ve never been offered a job by a poor person" is the usual refrain.
The answer to this argument is that there are precious few firms that can survive purely on the patronage of the top 1% of income-earners, or even the top 20%. When no one can afford to buy, no one has customers. Broadly distributing the fruits of economic growth is the only way to sustain that growth.