The recent actions of President Bush and Federal Reserve to “rescue” the nation from the current economic crisis have not restored confidence in U.S. financial markets. Instead, they have created considerable fear about the underlying strength of the U.S. economy. Yet, the economy is a great deal stronger than many
A decade-and-a-half after the end of apartheid, violent crime is pushing more and more whites out of South Africa. Exactly how many are leaving is impossible to say, but large white South Africa diasporas, both English- and Afrikaans-speaking, have sprouted in Britain, Australia, New Zealand and many cities in North
Senator John McCain should refocus his campaign with a new tax plan, a plan for an alternative, optional flatter tax system with just two rates, 10 per cent and 25 per cent, compared to the six rates of the current code, which range from 10 per cent to 35 per
During the first 70 years of the 20th century, inequality declined and Americans prospered together. But over the last 30 years, the United States has developed an extremely unequal distribution of income and wages. Some analysts see the gulf between the rich and the rest as an incentive. Others see
The word decent has such kindly connotations. Of course everyone wants workers to have decent wages, working conditions, hours of work and contractual arrangements with employers.
Dictionary definitions include respectable, good enough, tolerable, proper, modest and moderate. However, words have different meanings for different people. For instance, 19th century novelist Thomas
With the economy struggling, at least some people are urging a pro-growth tax cut. Too bad they live in Stockholm, says the Wall Street Journal.
Recently, the Swedish government announced business tax cuts, income tax cuts and payroll tax cuts to boost jobs. And to market their country to outside businesses,
