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Tweet Follow me The Republican Party, or GOP, is running a new commercial designed to criticize the first, and much needed, Economic Stimulus Package. The problem with the GOP take is that it’s just plain stupid. Anyone who took macroeconomics knows that when business investment is low, and consumer investment is down, the one way to make sure that any economy – not just the American economy – is growing is to increase government spending. The spending has to be applied in such a way as to cause...

Tweet Follow me You’d expect an author at CNNMoney.com to understand the relationship between cashflow and business success.  You’d expect an editor to send this article back to re-write either for more research or more objectivity.  Here was the basis of Peter Valdes-Dapena‘s misguided assessment: “…majority of sales would have taken place anyway at some time in the last half of 2009, according to Edmunds.com” So? This isn’t news, and it misses the point of the...

Tweet Follow me The health care sector continues to add jobs so investor confidence during the past month led the monthly Economic Recovery Reality Index (ERRI) up a modest 4.76 points over July numbers to 16.03 for August. Unemployment dipped slightly and the increase in the number of “discouraged” workers slowed, according to the U.S. Bureau of Labor Statistics – but as with prior economic recessions and depressions employment changes are once again trailing the other economic indicators: The small ERRI...

Tweet Follow me It’s small businesses that will put people back to work; that’s how we’re going to get this country back on its feet. It’s entrepreneurs and small business owners who respond with enthusiasm that are key. Big, established, “trusted” companies dug this hole by defining success in terms of short-term profits on their bottom line that do little if anything to protect American jobs or the well-being of their employees. When we see bulldozers and excavators moving dirt for new construction,...