Category Archives: Background

Unemployed, Under Employed and the Minimum Wage

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Wall Street has a concept called “velocity of money.” If it is too slow, people wait around for the next buck; they’re unemployed. What makes money go around at a brisk pace is consumer confidence. Confidence begets activity. Activity invokes buying and selling; Buying and selling makes money go around. It starts at the base!

New Jersey Angst

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We’ve heard about trickle down. Here’s trickle up. If worry about where the next buck comes from pervades the broad base of the population, they will buy nothing but the absolute necessities, eschew investment opportunities and, economically hunker down. When that kind of fear trickles up, the economy seizes. The base matters. What moves the base into levels of greater confidence about the future matters most. Preoccupation with preserving the wealth of the upper 1% ignores this important truth, to the hazard of us all.

Larry Furman – Renewable Energy Advocate – For General Assembly

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Earth Day, 2013. We Need to Clean Up the Economy

The Candidate at Monmouth Battleground State Park

At Monmouth Battleground State Park. Image by Dee Cantalice, Millstone. 

April 22, 2013, Monmouth Battleground State Park, 6:00 AM. On YouTube.

Earth Day, 2013.

On Earth Day, 1970, I was working to clean up a beach.

Today, Earth Day, 2013, I am working to clean up the economy.

[Both require teamwork.]

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