Phrase by 'Mark Skousen'
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Millions of Americans were duped by the federal government and the Federal Reserve into buying homes they could not afford and failed to count the cost. When the financial crisis of 2008 hit, they could not keep up the monthly mortgage payments and defaulted.
Author: Mark Skousen - American EconomistCrisis , Up , Government , Financial
Contrary to what President Obama said in his inaugural address, going on Medicare and food stamps does not strengthen us. Just ask people who are fourth-generation welfare recipients.
Author: Mark Skousen - American EconomistPeople , Food , Us , Said
I only have disdain for New York City Mayor Michael Bloomberg. He raised taxes and has increased regulations. What else is new? He's a bully who wants to micro-manage people's lives by mandate, not persuasion.
Author: Mark Skousen - American EconomistPeople , New , New York , City
The media simply does not understand Econ 101.
Author: Mark Skousen - American EconomistUnderstand , Media , Does , Simply
All workers, whether they are employed in the private or public sector, should avoid living 'paycheck to paycheck.' Studies show that every household wastes 10% or more of its salary or income on unnecessary expenditures or by not taking the time to shop for better prices. It's all a matter of proper budgeting.
Author: Mark Skousen - American EconomistTime , Better , Matter , Salary
One suggestion my wife and I have used in our personal finance courses we teach at college is simply writing down all expenditures and seeing where the money goes. That alone will cause heads of households to think twice about x, y or z expenditure, and to consider carefully whether they really need something or not.
Author: Mark Skousen - American EconomistMoney , Alone , Wife , Finance
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