Zachary Karabell has a good piece in the Wall Street Journal today. He mentions that 75% of Americans believe that the economy is in bad shape, and he wonders what has happened to the American spirit over the last decade.
There is no denying that the current financial morass is deep and painful. But taking the long [...]
The Wall Street Journal has a front page article today about farm subsidies and the income of farmers.
Today, farmers make up less than 1% of the U.S. population, and agriculture production is dominated by large, industrial farms that have annual sales of $1 million or more. In 2006, average farm household income was $77,654, or about [...]
As many of you are aware, Congress is debating rebates to “stimulate” the economy. While this may have a minor effect, I do not think it will do much good. However, THIS is economic stimulation:
Microsoft Makes $44.6 Billion Offer for Yahoo
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The White House and House of Representatives announced an “Economic Stimulus” package today. Here is a quick overview from the WSJ.
-Tax rebates: Checks of at least $300 for almost everyone earning a paycheck, including low-income earners who make too little to pay income taxes, so long as they earned at least $3,000 in 2007. Families [...]
Despite what you may have heard from the so called experts and media, the United States economy is still good. In fact, according to a report released by the Commerce Department on 10/31/2007, the economy grew 3.9% this summer, which was the fastest in 1.5 years. You can read the article HERE.
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Stocks have their best week in four years this week (Mar. 19-23, 2007). They were up 3.9 percent, even though “analysts had been expecting a decrease.”
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North Shore Journal has states from the actual State of the Union under the last 3 2-term Presidents. It is a good comparison. Some good, some bad for all. Check it out.
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