Company Pension Rule of Thumb
A good rule of thumb for a snapshot analysis: Years of coverage equals asset balance divided by net outlay.
Category: Economic Policy
Government activities are important to the economy for two reasons. First, there direct effect on business practices. Second, the Federal government expenditures comprise a fifth of all GDP in the United States.
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.
Before and After the Election
If Trump loses, watch how quickly Republicans forget their trillions for bailouts and insist on budget discipline forbids Main Street assistance.
Wall Street and Main Street
US Wall Street is about 75% larger than Main Street's GDP, yet considering the entire world the financial system is the same size as GDP. That's worrisome.
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 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.