Darnell's Economic Blog

Critique of Federal Reserve Podcast

2007-05-30T13:43:00.000-07:00

I reviewed Ashley and Justins federal reserve pod cast. I thought it was clear and understanding they got the point across in a cute and funny way i enjoyed it

Savings and Debt

2007-05-30T13:19:00.000-07:00

i think credit cards are very addictive and may seem like the thing to have but in the long run its only hurting you. When i credit card is present the card owner feels the need to use it just becuase its there or thinking their going to put the money back not noticing how much they sent. When the time come for me to get one i think i will but use it only when itz really need it becuase i dont want to be in debt.

Taxes - How Does The Government Get Money?

2007-05-28T20:13:00.000-07:00

Federal taxes, State taxes and also, local taxes are the taxes that citizens have to pay. The gov't gets it money by taking taxes out of the people pay check, Which takes about half of our check. Because of this some people prefer to work off the books. State taxes and local taxes apply for clothing and any other items that are bought in a store that belongs to the state. Federal taxes, are the ones you pay every year to the government, income tax. It evaluates how much money your earned through out the whole year, and out of that money they get money out. If you have children or someone depends on you, you might get money back

US Trade Deficit: getting better?

2007-05-28T19:51:00.000-07:00

The article in New York Times, Rising Exports Putting Dent in Trade Gap by Jeremy W. Peter is about the trade defecit and the trading all over the world. Trade defecit is the trading that occurs all over the world, it also gives the debt they are in. The U.S. trade defecit is mostlikely to decrease because over time trade decreases and we will have more import than exports and there will be less people working. The smallest amount will help the economy go up.

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2007-03-07T05:56:00.000-08:00

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2007-02-16T05:54:00.001-08:00

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