Tag Archives: wages

Reaching Debt Limits

If an economy is growing, it is easy to add debt. The additional growth in future years provides money both to pay back the debt and to cover the additional interest. Promotions are common and layoffs are few, so a … Continue reading

Posted in Financial Implications | Tagged , , , , , , , , | 69 Comments

The Connection of Depressed Wages to High Oil Prices and Limits to Growth

In my view, wages are the backbone an economy. If workers have difficulty finding a job, or have difficulty earning sufficient wages, the lack of wages will be a problem, not just for the workers, but for governments and businesses. … Continue reading

Posted in Financial Implications | Tagged , , , , | 138 Comments

The Close Tie Between Energy Consumption, Employment, and Recession

The number of jobs available to job-seekers has been a problem for quite a long tine now—since 2000 in the United States, and longer than that in Europe. If we look at the percentage of the US population who are … Continue reading

Posted in Book draft, Energy policy, Financial Implications, Introductory Post | Tagged , , , , , , , , , | 70 Comments