Joe Biden, our potential future Vice President, turned up in the news again with another statement worthy of mention. As I wrote in a previous article, Second Rate Choice, Biden has been largely ignored by the media since the arrival, and associated media vacuum, of Sarah Palin. However, as in that article, Biden seems to […]

Taxes, we all abhor them, but we absolutely love to hear the words “Tax Cut.” Government, we shake in our boots at the thought of it growing even larger in our lives, but we love to hear the words “Universal Health Care, Social Security, and yes, even Welfare.” Rights, we love the idea that our […]

Being an economist at heart, I recently bought and have just finished reading the book “Discover Your Inner Economist” by Tyler Cowen. The tagline for the book proudly states, “Use Incentives to Fall in Love, Survive Your Next Meeting, and Motivate Your Dentist.” Along with the tagline, there is a great media byte on the […]

Americans received a “gift” from the government recently in the form of a stimulus check. Or, some people may like to think of it as a tax rebate or tax refund. It doesn’t matter what you call it, the fact is most Americans who filed taxes for 2007, received a stimulus check from our government. […]

Recently, the government released the latest unemployment statistics and the numbers were not good. Currently, our nation has an unemployment rate of 5.7% (economists were expecting 5.6%). This was the seventh straight month of increasing unemployment and it is also a 4 year high. These are not good statistics considering the rising costs of living […]

Everyone loves a pay raise. We automatically get excited because with the arrival of that next paycheck, we will immediately see an increase in purchasing power. On top of that, we fill up with pride knowing that we are being rewarded for our hard work, production, and efficiency while performing our job. Sounds great doesn’t […]

Today, General Motors (GM) and Ford released disheartening news regarding their vehicle manufacturing operations. GM reported a net loss of $15.5 Billion for the second quarter of this year. Ford followed that with a report stating their overall United States vehicle sales dropped 14.9% in July. Even Toyota joined the crowd reporting a drop of […]

Well, it’s nothing new to see a Presidential candidate weather various storms of negativity and character attacks from all sides, but I have recently run across a specific attack on McCain which I thought deserved some attention. Of course the price of energy (oil) has long been on the minds of our country and rightfully […]

Your first inclination may be to ask how tax and fair can be remotely placed in such close proximity. If you ask any segment of our society, they will all explain how they are taxed inappropriately and other classes of our society are receiving better benefits than they currently are. Of course, every class is […]

Recently, I finished a book I had been reading off and on for a while. “The Economic Naturalist: In Search of Explanations for Everyday Enigmas” by Robert H. Frank provides a simple statement about how we make our choices in our lives. This statement is one in which I have, through the years, tried to […]