Economy
Downgrade: Weaker Economic Growth First Quarter
The U.S. government reported today that the economy grew at a 1.8% annual rate in the first quarter, below earlier estimates. According to Bloomberg, the 2% increase in U.S....
Housing Prices in California have increased by 25%
A home for most Americans is a savings account. According to the latest S&P/Case-Shiller Home Price Indices, home prices are on the rise. The S&P Home Price Indices are...
California Budget Surplus
California's Debt to GDP percent is falling. It is currently 20.62%. Spending and debt continue to rise, but the level of revenue is increasing faster.
Governor Jerry Brown (D) proposed...
Top Tax Rates Compared to Per-Capita GDP Growth
This following is an aggregation of top-end tax rates in America by decade and per-capita GDP growth in America per decade.
Average yearly, top-end tax rates in America, by decade:
1950s:...
Unemployment Insurance Extensions
Reports are being published by the Huffington Post that negotiators have agreed to extend unemployment insurance jobless benefits. The cost of the extension will be placed onto the deficit....
Start Saving Today
While reading Paul Krugman's editorial in the New York Times, I was fascinated by his use of the three eras of the industrial revolution described by Robert Gordon of...