The Federal Reserve influences inflation by lowering interest rates to spur demand or raising them to curb it. The idea is that if demand for goods and service can be stimulated, prices […]
Great expectations for $15.00 minimum wage
What to expect from Social Security 2100 – maybe
Overall the Social Security 2100 legislation has some good provisions, but many proponents are creating unrealistic expectations for “expanded” benefits, especially for current beneficiaries. Social Security 2100 will provide a higher minimum […]
The US spends more on pharmaceuticals than any other country … by a very wide margin, but ….
it’s not because of what you may think. In the United States spending on prescription drugs is about 10.3% of total health care spending. Lower than the OECD country average and lower […]
Let’s do the math
The richest Americans have a net worth of about three trillion dollars. Compare that with the current annual deficit of $1,000,000,000,000 and a national debt of $22,000,000,000,000. The total US unfunded liabilities […]
Anarchic progressives
“anarchic progressives“ Maureen Dowd used these words in a recent NYTs op-Ed. How appropriate indeed. Progressives are tripping over themselves with obnoxiously pandering promises with no or poorly defined costs and how […]
