Missed Fortune Super Blog

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Missed Fortune – The More Government Stimulates the Less the Economy Responds

The Spending That Never Pays Off A recent article in the Wall Street Journal titled “The Great Recession and Government Failure” stated that this latest recession might well have been a deep one, even with good government policies. The article goes on to say that government failure added greatly to its length and severity including […]

Missed Fortune – The Economic Realities That Can No Longer Be Ignored

Podcast: Download (22.9MB) Americans Aren’t Feeling So Optimistic These Days U.S. voters continue to be largely pessimistic about the country’s future.  We need to be able to think about a bigger and brighter future, but we’re not feeling that way.  The latest Rasmussen Reports national telephone survey of likely voters shows that 46% of those […]

Missed Fortune – The U.S. Economy: Living On Borrowed Money

Podcast: Download (22.9MB) Watching Government Paint Itself Into a Corner A recent USA Today article by Richard Wolf claims that “In 7 Weeks U.S. Could Run Out Of Borrowed Money”. Here are the highlights: Exactly one month ago, the Treasury Dept. began issuing IOUs rather than bonds to some government pension funds. That allowed for […]

Missed Fortune – What We Can Learn From Natural and Financial Disasters

Podcast: Download (22.9MB) Learning From Past Disasters Modern life requires learning from disasters including physical disasters like the quake and tsunami in Japan that killed thousands and resulted in hundreds of billions of dollars in damage. We also face financial disasters like in 2008 when most Americans lost 30-40% in the value of their IRAs and […]

Missed Fortune – Can We Spend Our Way Out of a Recession?

Podcast: Download (22.9MB) In the 1960s, Economist Milton Friedman wrote that when private expenditures rise, governmental expenditures should decline – and vice versa. In this video, Doug explains how the door of governmental spending “swings wider and wider” and how we’re facing tough choices. *If you’re reading this in an RSS reader or e-mail, you […]

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