2013 Symposium: What Is Your Outlook For The Economy In 2014?

Cartwright: Either I’ve been wrong about the US economy for the last year or so or else the economic data being provided by various federal departments is wrong and intentionally misleading. Unemployment is down to 7%? How about all the people who exhausted the unemployment benefits and aren’t included in that statistic? And if everything is going well why is the Congress considering extending unemployment benefits for the long-term unemployed? I don’t think the economy is doing particularly well right now. I think we’re just sort of stagnant. Forget the GDP figures. Businesses aren’t really growing. They’re just maintaining the status quo. The real retrenchment comes once Obamacare is in full force and businesses find out how it’s going to impact them. Consumers aren’t all that optimistic. I think retailers will find that the Christmas shopping season didn’t live up to expectations. Prices are rising. Just take a look at groceries. Everyone has to eat so everyone has to buy goods at the grocery store. This is going to continue to hurt consumers. Continue reading

Thinking Outside the Boxe Releases 2014 Economic Outlook

Myrtle Beach, SC, Orlando, FL and Washington, D.C. January 6, 2014—Thinking Outside the Boxe has released its 2014 economic outlook based on internal analysis and input from the think tank’s various correspondents and attendees who participated in the 2013 annual symposium held in Orlando in late December. The highlights of the economic outlook follow: Continue reading

Top Problems Plaguing America by Digger Cartwright

America is in crisis.  We are a nation in decline as a result of society’s own hedonism, greed, and self destruction.  Our problems are rooted not only in our dysfunctional political system but in the dysfunctional state of society itself, both of which have become increasingly more dysfunctional over the last decade.  Americans’ perceptions of our problems are divided along political lines, which tends to cloud the judgment of individuals and take the discussion away from the cause of the political problems to a debate over political ideology.  Each and every American shares part of the blame for the problems plaguing our nation, and if we don’t address the problems individually, as a society, and as a nation, they will continue to grow and like a cancer consume our health and vitality, eventually killing the foundation upon which our nation was established and the foundations of our society. Continue reading

A Collaboration between Digger Cartwright and Thinking Outside The Boxe: What are your thoughts on the partial government shutdown and the situation in Washington?

Anyone who knows me or who has read some of my comments and posts will know that I have tremendous disdain for the politicians in Washington and the dysfunctional way they behave. They’re like a bunch of little kids arguing on the playground. I think they forget that they’re there to do the work of the American citizens and taxpayers who elected them to serve us. Unfortunately, it’s got to the point that they’re just looking out for themselves. They’ve created this entire political elite class who live in the increasingly isolated world of Washington where everything is ok. They don’t know what it’s like back in their constituencies and the problems that the people face every day. It’s like going to Disney World and escaping from reality for the day, except Washington is permanently detached from reality. Continue reading

Symposium 2012: What are your thoughts on the debt ceiling debate that will be forthcoming in 2013?

RMC3: It’s the perfect opportunity for the Republicans to stick it to the Democrats and the President. They need to say they’re not going to increase the debt ceiling and force this issue of massive spending cuts. Let the government shut down. It sure as hell isn’t functioning well as it is. It’s like we’ve got a bunch of dysfunctional derelicts controlling the hardworking American taxpayers’ tax dollars—just spending on anything and everything that comes along. Washington is guilty of financial gluttony. They’re not willing to make any sacrifices because it may not be popular with their constituents or with the voters. And so, they’re spending us into financial oblivion. Continue reading

Symposium 2012: What is your outlook for the economy? What do you perceive to be the biggest threat to the U.S. economy?

Sydney: The U.S economy obviously has a lot of room for improvement. If the government can get its act together and implement some fiscal reforms then it can definitely recover. The main problem is the country is still mired in debt. The debt ceiling and fiscal cliff debates have shown that both parties are unwilling or unable to compromise but the simple fact is that the government needs more money. Continue reading

10 Ways the Federal Government Can Save Money…Almost Immediately

Submitted by Digger Cartwright

The massive federal budget deficits of the last several years have resulted in an unprecedented increase in our national debt. Since President Obama came to office, the national debt has soared from $10 trillion to nearly $16 trillion, a 50% increase. This uncontrolled federal spending and the accompanying increase in the level of national debt cannot continue. Otherwise we will find ourselves in the same situation as Greece, Spain, Portugal, Italy and other countries whose massive social programmes have led them to financial collapse. If we do not control the amount of federal spending, stop deficit spending, and stop increasing the national debt, several things will ultimately happen. This isn’t speculation, it is simply economic fact what will eventually happen: Continue reading

Are There Benefits of Higher Gas Prices?

From Thinking Outside The Boxe’s Sydney Correspondent: Gas prices seem to be rising constantly, and historically are at high levels. If you asked most people if there were any benefits as a result the answer would most probably be a resounding no. And at a time when the economy is in a bad state and many people are out of work high gas prices ensure that American families continue to be squeezed financially. However the news is not all bad. It may seem difficult to believe but high oil prices do provide some benefits, and not just to the oil companies. In this article we will examine some of these benefits and see who is benefitting. Continue reading

7 Ways to Fix the Economy

Submitted by Digger Cartwright

Anyone with half a brain can see that the U.S. economy is in a malaise. It’s just muddling along. Unemployment is still high. Economic growth is low. Prices are rising for goods and services (just think gas prices and food prices). Job creation is low (people you know that have been unemployed are still unemployed). Small businesses are still struggling to survive given decreased demand and tight credit. The real estate market is in the tank; house prices are still falling and foreclosures are likely to spike this year. The banks are still in trouble, despite what the Fed says and does. Federal budget deficits continue to be the norm, requiring additional increased in the national debt. There’s still a risk to the U.S. economy from the economic crises in Greece, Portugal, Spain, Italy and so on. All of these factors paint a pretty bleak picture for the health of the economy. Continue reading

Cheap Chinese Manufacturing: How Can U.S. Businesses Compete? Part I

From Thinking Outside the Boxe’s Sydney Correspondent: For at least a decade now American manufacturers have been fighting what in most cases has been a losing battle against a tidal wave of cheap Chinese imports. There are a number of reasons why Chinese imports are so much cheaper than goods made in the U.S., and pretty much every other nation as well, these include: very cheap labour, an undervalued currency that is pegged to the greenback, and an inexpensive supply change (ranging from components to cargo handling).  Continue reading