CLSG Economics: UK Macroeconomics
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Mr Osborne turns a corner

Mr Osborne turns a corner | CLSG Economics: UK Macroeconomics | Scoop.it
The chancellor isn't declaring victory on the recovery just yet - he's too careful for that. But he is declaring victory over Ed Balls, and in his speech today he says the UK economy has "turned a corner".

Via Neil Codd
Issy Fidderman's insight:

I like the bullet point descriptions of not only what has happened but also how Ed Balls is likely to respond. 

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Neil Codd's curator insight, September 9, 2013 5:18 PM

Nice summary of fiscal arguments between Osbourne and Balls

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Mish's Global Economic Trend Analysis: Income Inequality Explained: Why Wages Don't, Won't, and Can't Keep Up With Productivity

Mish's Global Economic Trend Analysis: Income Inequality Explained: Why Wages Don't, Won't, and Can't Keep Up With Productivity | CLSG Economics: UK Macroeconomics | Scoop.it
Mish's financial blog covers global news and macroeconomic events regarding the world economy. The blog's primary focus is inflation, deflation, and hyperinflation topics, especially currencies, gold, silver, crude, oil, energy and precious metals.
Issy Fidderman's insight:

A reason behind why companies are keen to reward investors could be because of the hostile environment for investment currently - every thing is risky. So it makes a lot of sense to reward the investors with profits over the workers (at least initially) as for the global economy to grow, investment needs to increase.

I'd recommend the video, weighing up the advantages of efficiency gains against the disadvantages of massive job losses is very difficult.

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Supply Side Economics to End "Obama Depression"

Michael Bustler suggests supply side economics would end the "Obama Depression."
Issy Fidderman's insight:

This was a very Republican article, and the initial paragraph about gun control only added to my doubts about its reliability. It seemed far more aimed at convincing Americans away from Obama than providing genuine analysis. It completely ignores all of the benefits that a healthcare system has on a country and seems to only consider it another burden on the tax payer. It is unbelievably right wing - to the extent of brushing aside national statistics as just un true. The example of the 1980s seems very stretched and overused, economic situations change drastically over time so the same analysis (assuming its accurate) doesn't even necessarily apply.

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