US Economy

Washington, We Have a Problem… A Spending Problem.

Somehow the national news media, with the assistance of the lack of communication by the Republican Party, framed the entire “Fiscal Cliff” discussion about a need for increased revenue.  The dialogue in the nation was completely one-sided and totally ignored that our Federal Government doesn’t have a […]

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Washington Post Discovers That The Recovery Stinks

It probably would have been more helpful for the Washington Post to have stumbled upon this storyline BEFORE the election. This economic recovery has been a big disappointment relative to what the United States has usually experienced after a recession. Growth has been 9 percent below what […]

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VIDEO: What Is The “Fiscal Cliff” And How Does It Impact You?

From the United States Chamber of Commerce: -Bruce

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Election’s Over: Obamacare Is Coming On Strong Now

In the past 48 hours, since the election results were complete, over 40 major American companies announced job cuts and layoffs. I wonder why. In completely unrelated news, I’m sure, the Heritage Foundation asks a very good question… What’s next for Obamacare now? The bad news is […]

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Fiscal Cliff Dragging Down US Economy Already

This has been a topic I’ve discussed here before — the looming “fiscal cliff” facing the U.S. economy in 2013.  I’ve also voiced concern that, just as happened when the Bush tax rates were in jeopardy in the past, the current business decision-making is stalling due to […]

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Have You Heard About the “Fiscal Cliff”?

Those of us sad people who spend all of their time engrossed in the everyday political minutiae are all too familiar with the coming “fiscal cliff.” But even those familiar with the coming “cliff” sometimes get the facts wrong. I’ve heard many pundits say the “cliff” is […]

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Why Is Washington DC So Dysfunctional

Neil Barofsky, former Inspector General for the TARP program, tells Business Insider why things in our nation’s capital have gotten so crazy. Bottom line: Barofsky said the incentive structure in our nation’s capitol is  all wrong. There’s a revolving door between bureaucrats in Washington and Wall  Street […]

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Is Today’s Jobs Report Good or Bad??

Today’s jobs report is not as easy as “more jobs added than analysts expected” or “the unemployment rate rose to 8.3%.” You really need to dig into the report. It is complex and doesn’t fit well on a bumper sticker. What you need to look at is […]

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