Home >> Money & The Economy (page 85)

Money & The Economy

News on Finance, Money, markets and the economy

The U.S. Economic News You May Not Have Seen

Much of the last few weeks has concentrated on the difficulties that the over-entitled European economies are now facing.  News reports, like this one at TheHill.com have been careful to also point to Tim Geithner’s comments that, “The U.S. will not be harmed economically by the debt crisis in Europe”.  Mr. Geithner also repeated the Administration mantra that our economy, ...

Read More »

Spare the Rod, Spoil the Country

Scott Redler penned an article on Forbes.com that discusses how all the bailouts and rescue plans are setting the global economy up for a terrible fall. Well, I’ve got news for you: Spoiled children always grow up dysfunctional.  Rewarding nations for overspending and under-delivering sets a dangerous precedent. “Le Tarp” gives money to countries that have disregarded basic economic principles. It ...

Read More »

Good News on the Economy Questionable

Reading through headlines like “Online ad revenue up 2.6 pct in 4Q to $6.3 bln”, would point to some type of revenue-driven recovery.  With the huge number of recent print media failures and the terrible ratings results for the evening news outlets, why is only 2.6% considered good?  It should not be. 2.6% is somewhat indicative of inflation.  With the ...

Read More »

Are Wealthy Americans Leaving the Country?

I thought I would share my process for gathering viewpoint and facts.  Perhaps others would offer to put articles together in the future, but if nothing else, a look into how I brainstorm a publication: The high-middle and high-earners in America  pay for the majority of social programs implemented by Congress. With states facing nearly $100 billion in combined budget ...

Read More »

Obama's Deficit Panel Marginalized by .. Obama

President Obama house been touting his intent to put together an executive panel to review approaches to trim the soon to be $14 trillion federal debt.  His newest addition to the panel demonstrates that the President is not serious about doing much of anything on the deficit. Obama recently appointed the leader of the Service Employees International Union (SEIU), Andy ...

Read More »

4th Quarter GDP Number Misleading

The BEA published a revised report  on the U.S. G.D.P. for Q4 2009.  The revision was up .2 points from an already high 5.7%.  Taken at face value, 5.9% growth in the economy in a three month period sounds fantastic, but digging into the numbers and methodology aid in the understanding of why this is not as great as it ...

Read More »

The Economic 800lb. Gorilla in the Room

Everyone is talking about tight credit, greedy capitalists, overpaid CEO’s and a real-estate market that’s starting to crash yet again as the reasons that the recovery may falter.  While four months ago I fully believed that a double-dip recession was guaranteed, the risk is still there and has as much to do with something no one is talking about: Americans ...

Read More »

The Reason for State Budget Collapses: Tax Cuts

In a Washington Independent article, Martha White writes that tax cuts and reductions to federal expenditures are to blame for the collapse of state budgets: A decade’s worth of cuts in federal aid combined with states moving to copy Bush administration tax cuts have led to states filling revenue shortfalls with regressive tax policies that disproportionately affect the poorest Americans. ...

Read More »

The Rising Cost of Congress

For the last year, we have all been beaten over the head repeatedly with the notion that health care costs are rising so fast that families can’t afford their insurance.  Is anyone applying the same formula to Congress?  They don’t mind spending our money in a care-free manner. We’ve built numerous post-offices and airports as Congressional namesakes.  Fountains have been ...

Read More »

Obama Still Missing the Mark on What Americans Want

A landmark election result came out of Massachusetts on Tuesday and the White House doesn’t see the forest or the trees. In a stunning reaction to the election, the President attacks banks in an effort to limit their size and the amount of risk they can take on. One of his suggestions are to place a dividing wall between investment ...

Read More »

Massachusetts Says Stimulus Money Created “Almost Nothing”

Government-created economic stimulus is unsustainable and does not create or save anything.  It simply delays the inevitable.   The ARRA (American Restitution and Redistribution Act) has done nothing to improve the actual economy, and The Globe finds more evidence: One of the largest reported jobs figures comes from Bridgewater State College, which is listed as using $77,181 in stimulus money for ...

Read More »

Is Obama Pursuing a Weak Dollar Policy?

Within a few days of Obama entering the White House, Tim Geithner stated that a strong dollar is in the best interest of our economy.  The actions taken to date and some historical analysis of Obama’s chief economic advisor, Paul Volcker, would point at a policy of continued weakening of the U.S. currency.  If the dollar continues it’s slide just ...

Read More »

Economy Nearing Carter-Era Catastrophe – Volcker Present Again

Interpreting the latest unemployment report could make one’s head spin, but there is valuable information in it other than the tragic 10.2% unemployment rate and the fact that the economy has shed an additional 190,000 jobs in the last month.  Yahoo news points at a separate survey that shows 558,000 more people were unemployed in October than September.  This discrepancy ...

Read More »

Manufacturing Up as Factories Stop Cutting Inventories

As an almost total surprise, the Institute for Supply Management’s factory index(NAPMPMI:IND) rose to its highest level in three years.   The 55.7 level indicates stronger growth in manufacturing than any economists had predicted.  Most were looking for between 50 and 55. The index is based on a survey of manufacturing executives.  Taken by itself, this index seems incredibly positive, but ...

Read More »

The Economy Stinks and the GDP Doesn’t Have a Clue

We all gain an understanding of gross income vs. net income when it comes to tax time and many of us forget the relationship shortly after.  What do these two terms have to do with our economy? The U.S. G.D.P. (Gross Domestic Product) is an indicator of the total of goods produced with no regard to the cost of producing ...

Read More »
echo 'Sponsored Content'; echo '
';
Sign up for our Newsletter

* indicates required field




Email Format


Subscribe!