Short answer: Probably nothing. Long answer: For the last ~20 days, we've been subjected to headlines and articles about how a Trump Presidency will affect our lives. I've seen everything from "What will a Trump Presidency mean for Mexico" to "What will a Trump Presidency mean for Sales …
Economics
Would You Be Happy If 500,000 Americans Lost Their Jobs?
Would you be happy if 500,000 Americans lost their jobs? I assume the answer is an overwhelming "no." Why would I ask such a ridiculous question? With the exception of personal grudges, I don't think any American would want their fellow American to lose his or her job. Let's try another …
Q2 Review – 2013: Is Good News Bad News?
Since 2008, the Federal Reserve has reached beyond the traditional tools of monetary policy in an effort to fulfill its’ dual mandate of achieving maximum employment and stable prices. Most recently, the Federal Reserve introduced a third round of quantitative easing, purchasing a combination of $85 …
Housing Soars 10.9% As Inflation Remains Subdued
On May 28, the S&P/Case-Shiller Home Price Index was released. I realize that I'm a little late to the party, but I think it's important that I comment. More importantly, I think it's important that you see these numbers from a different viewpoint. If you want to read the official (6-page) …
What Didn’t Cause the Financial Crisis: Deregulation, Greed and Capitalism
A few weeks ago, I asked you Who is MOST Responsible for the Housing Bubble and the Financial Crisis? I can't say that I was, at all, surprised by the responses. They actually came in exactly as I expected. In case you're incapable of clicking a hyperlink, the choices were as follows: A. …
Why I Think We’re Adding The Wrong Jobs
In my previous article, Why You Should Live Off 50-75% of Your Income, I made a point that I should have expanded on. When discussing what economic indicators I thought were meaningless, I said: "The fall in the unemployment rate doesn’t mean much to me either. The high-paying manufacturing jobs …
Your Attention Will Soon Shift from The Fiscal Cliff to The Debt Ceiling
If you're ready to gouge your eyes and plug your ears because of the "looooming" Fiscal Cliff, Brace Yo'self! because shit is about to get worse. I'm confident that the elephants and donkeys running this country will soon agree to a mutually-acceptable solution. Maybe "solution" is the wrong …
