Puerto Rican Problems Worsen

As if being in default wasn’t bad enough for the Puerto Rican government, people are moving from the island because Continue reading →

Government Stimulus Dialed Down

In response to The Great Recession, federal and state spending, as well as buyouts and such, ramped up to create Continue reading →

Income Tax Cut Data

The data are in and, cutting taxes for the rich is only successful at cutting tax revenue while increasing wealth Continue reading →

Puerto Rico In Default

Puerto Rico can’t pay its bills. It officially has missed a debt payment of $58M on debt of $72B. The Continue reading →

Data That Matters July 2015

US wages rose 3.3%. Humans can lay bricks at 700/hr. Robots, 1,000/hr. Americans turning away from owning homes as only Continue reading →

Global Economic Disparities

Outside of Asia, Africa, and Germany, the majority of people are uncertain about the economy and think things are getting Continue reading →

Savings Work Against Investors

It just makes sense. Save for your retirement. The easiest way for many is to buy into index funds. They Continue reading →

Government Financial Crises Common

We treat the economy as something that moves along steadily with occasional interruptions. Look at the history of economics and Continue reading →