Archive for the ‘Economics’ Category

How can public services be funded independently from market swings?

Thursday, June 4th, 2009



I’m so tired of constant budget cuts in public services and education, et al, every time the market hiccups. How should they be funded so as to have a guaranteed constant income?
Bsherman: Until you see your neighbor selling apples on the street corner, it’s a hiccup. This may be the biggest downturn since the Great Depression, but it’s no where near that bad (they didn’t have unemployment insurance then, remember, among other differences).