EconAmerica: Why the American Economy is Alive and Well... by Jeff Thredgold

By Jeff Thredgold

Compliment for EconAmerica"If you reside within the genuine international, this ebook is a must-read. it's packed withusable insights into the long run, the worldwide economic system, and what you and yourcompany want to know to be aggressive now and sooner or later. Jeff Thredgold makes the dismal technology a enjoyable experience to organize you for not just what's coming, yet tips to reap the benefits of the nice possibilities ahead."--Terry L. Brocksyndicated columnist, advertising trainer, www.TerryBrock.com"In this insightful and useful ebook, Jeff Thredgold proves that 'interesting economist' isn't really an oxymoron. Jeff takes the secret out of economics and makes it effortless to appreciate. so that you can be aware of what is particularly occurring within the American economic system and the effect it has in your caliber of residing, learn this book."--Mark Sanbornspeaker and bestselling writer of The Fred issue andYou don't desire a name to Be a Leader"With the entire monetary gloom and doom thrust upon us via the mediaand politicians, via econAmerica, Jeff Thredgold is a clean breath ofeconomic hope--something that all of us so desperately want today."--Ed RigsbeePresident of Rigsbee examine and writer of PartnerShift"This account of heritage, financial info, and humanbehavior makes a compelling assertion approximately how the Americaneconomy will be triumphant as globalization evolves."--Hazel J. PankeyDirector, convention courses, business Asset administration Council"You proceed to amaze us along with your awesome skill to offer fiscal info in phrases that everybody can comprehend, whereas additionally making it super interesting."--JOE BELEWPresident, purchaser Bankers organization

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Extra info for EconAmerica: Why the American Economy is Alive and Well... And What That Means to Your Wallet

Sample text

Fiscal responsibility has traditionally been a hallmark of the Republican party. Unfortunately, Republicans of the 21st century have clearly ignored their history to their elective peril. 0 trillion annually, is associated with mandated or nondiscretionary spending increases such as more spending each year for Social Security, interest on the national debt, Medicare, Medicaid, and so forth. A smaller share of total government spending is debated within the halls of Congress. While the alarming growth of nondiscretionary spending must be addressed in coming years, the irresponsible growth rate in discretionary spending has been a travesty.

Worst-case fears frequently portrayed by the national media see America eventually becoming a nation of “hamburger flippers” as we lose first our industrial base, followed by our professional occupations. The opposing view presents the idea that such changes are both part and parcel of an expanded global economy. America is losing neither its ability to “make things” nor its ability to compete effectively in a dynamic and enormously competitive global marketplace. The Losses: Blue Collar It is no secret that the United States has lost significant numbers of manufacturing jobs over the past 20 years to other nations.

50 hourly. The Realities Many communities and states with higher minimum wage levels also provide exemptions for smaller employers. 50 per hour, companies with fewer than 25 employees (those most likely to offer lower wages and lesser-valued benefits) are exempt. indd 27 4/30/07 11:56:43 AM 28 ECON A MERICA that many small companies in Santa Fe whose total employment is rapidly approaching the magic number of 25 workers will cap employment—or split the company into two or more entities—to avoid the mandated higher wage.

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