The Lane Between Wall Street and Main Street
Trickle Down gave Wall Street $100B lesser tax burden in the first year. It kept $91B. Wall Street trickled down $9B to Main Street.
Category: Economics
Earning a living, investing for retirement, and understanding how world events impact our living standard.
Company Pension Rule of Thumb
A good rule of thumb for a snapshot analysis: Years of coverage equals asset balance divided by net outlay.
Good For One
A single action may seem good for us, but if everyone does the same, the result is bad.
Cost of Tea Party
There will be large dislocations for an extended period before the benefits of a smaller government are realized.
Invisible Hand
When media analysts claim that the free market and the Invisible Hand always arrives at the best answer, try to recall the need for competitive markets and their constrained scope.
Lockdown GDP Decline & Steps for Reopening
Lockdown costs 50% of our GDP, we are using our savings and borrowing from the future. The state governments need to further pick up the slack left by the federal government's ineptitude on testing and…
Lockdown Economic Takeaways
Universal healthcare, essential workers wage hike, and corporations reimburse government.
Russia, Oil Prices, and the Ruble
A dropping oil price inevitably causes the ruble to fall.
Pandemic Economic Valuations
Congress should not bailout companies except those associated with satisfying primary needs of people.
Coronavirus Next Economic Steps
If we don't modify the current restrictions, the entire economy will collapse.