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Economy

Gas Prices Drop Big-Time – How to Lock in These Prices as a Routine Consumer

October 7, 2013

Over the past 2 weeks, we’ve seen gasoline prices in the US dip more than we’ve seen in over a year with a precipitous 14 cent drop according to a Lundberg survey out this weekend. On average, drivers paid $3.38 per gallon which is the lowest since 2012. There are always several factors at play […]

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How Inflation Screws the Poor the Most

July 7, 2013

With all this talk of inflation on the horizon while the US and Europe print money like it’s goin’ outta’ style, it’s instructive to evaluate what the impact of hyperinflation would be on you, the people you know, and the country at large.  Without expounding on historical interest rates, the correlation between gold and the […]

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Why Raising the Minimum Wage is a Terrible Idea

February 13, 2013

The biggest problem with Americans today, and the politicians that pander to them, is that they make choices based on emotional effect and not on data.  This is why there’s no outrage over the budget-busting compensation of public sector employees like teachers, firefighters and police (yes, they all do important jobs, but the free market […]

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Poll: Has the Fiscal Cliff Uncertainty Affected Your Spending or Financial Plans at All?

December 23, 2012

There are 2 main camps when it comes to economics and politics – some feel that people and businesses will go about their routine patterns of spending, saving, investing and hiring regardless of any “uncertainty” and another camp that feels all the uncertainty we’re constantly facing gives people and leaders pause, which constantly constrains behavior […]

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Robots and Automation Are Taking American Jobs – Think Your Job is Safe?

December 16, 2012

You’d think the same headline would be the prominent theme of every year since the 1800s. After all, we’ve seen a decline in the need from everything from lamplighters once electricity was invented to farm workers once farming equipment, tractors and trucks came along. However, for various reasons throughout 2012, there’s been a steady debate […]

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How Obamacare is Costing My “Middle-Class” Family More in 2013

October 15, 2012

Obama’s medical insurance legislation that was first billed as not being a “tax” (hilarious given the number of “fees” and “surcharges” it levies; even the Supreme Court could not pass up the opportunity to classify it as such), and also claimed that the plan would be “revenue neutral” (which it clearly won’t be if you […]

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