Category: Economic Policy

Federal government expenditures comprised 20% of the US GDP.

Treasury Interest Rates

Have you noticed the headlines and blurbs about the inversion occurring in Treasury rates? The information usually has a warning that rate inversion could signal a potential recession. That’s wisdom worth heeding, but for anyone who has bond funds what is the impact of these falling rates? One rule of thumb is that a medium-term…

Missing Side of Budget Debates

Net worth

(Text, originally composed in 2005) Every year, all year, we hear about the United States federal deficit (this was written only three years ago and, although happily the yearly budgetary deficit is gone, the exclusive focus on the yearly income-outgo budget is still a flaw). The federal budget is worth serious and sober discussion, but…

Unemployment Rate by Schooling Level

It’s also interesting to see the unemployment rate by schooling level (p.23 of the National Center for Education Statistics study). Unemployed in 2012 (11% total of the 2002 high school sophomore class) less than high school completion (25.9%) high school diploma or equivalent (15.0%) post-secondary attendance but no post-secondary credential (14.1%) undergraduate certificate (11.8%) associate