debtfree

Finding the Real Economy

I believe the P in GDP is Product. Old products were counted earlier when they were originally produced and should not be counted in the current GDP. A countries expansion is driven by creation of NEW products, producing new products is what drives manufacturing, agriculture and many service (not all svcs) jobs growth. In addition it shows an expanding economy to the rest of the world.

Indian Markets: It Can Get More Frightening

Stupid title ... if the article is on India make the whole article on India. Also dont just report on what an expert said put some analysis behind it. What is the point of articles like this?

Economy Loses 240,000 Jobs in October, Defines Obama's Challenges

One item that nobody is talking about is that of the 88% that are employed and have cash coming in on a regular basis could potentially help unclog the credit mess. IF everybody that had a little cushion:
1) paid up a little extra in their mortgage payment thereby providing extra cash into the banking system
2) Or instead of making just the bare minimum of Credit card payments pay up extra and bring down credit card debt
3) Pay up a little extra in your car loan.

Everybody want tax cuts or pork projects for their industry, .... why not get to the root of the issue and put your money where it would make a difference to the short term problem, and in the long run helping americans reduce their own personal debt.

Not sure if this would help but I have not seen any mention of grassroots measures that could help resolve this mess.