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Friday, August 30, 2013

Cartoons on the economy, info on the Federal money-maker

This came across the wire today from Reuters:
U.S. consumer spending barely rose and inflation was tame in July, offering a cautionary note on the economy as the Federal Reserve weighs cutting back its massive bond-buying program.
According to this article buying stuff "accounts for more than two-thirds of U.S. economic activity."  For more information on why the Fed is cutting back and how the Fed's cutting back on bond-buying may affect us, take a look at "The Effects of Tapering Off the FED’s Stimulus Program" at InflationData.

If all this gab about economics is a big yawn for you, you're not alone.  Keep in mind, though, that these factors do affect our quality of life.  How about some cartoons to ward off the blahs? (Warning:  they're a bit depressing, too.)  All of the artwork below was found at U.S. News' economy cartoons section.
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image: cartoon by David Horsey about the economy
David Horsey, US News.com
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image: cartoon by Chris Britt about do-nothing Congress and Middle Class
Chris Britt, US News.com
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image: cartoon by David Horsey about economy
David Horsey, US News.com
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image: cartoon by Drew Sheneman about economy
Drew Sheneman, US News.com
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If you get as confused about the Federal Reserve and what it does as I do, this video from Time Magazine might help  -- might not.
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-- Marge


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