What’s Ahead for the US economy in the Next 4 years (2017 to 2020)
What a whirlwind the United States Presidential Election was! It sparked record interest in the Presidential Debates and polls predicted the highest turnout rate of …
Category: Economy
Maximum Weeks of State Unemployment Insurance Benefits Available
Great graphic from the CBPP on unemployment insurance benefit duration (in weeks) by state. Unemployment insurance (UI) benefits are state administered and generally most workers …
You Actually Are Poorer Now Than You Were in 2008
According to an analysis conducted by two former census bureau officials median income for the average American is still around 6 percent lower (after adjusting …
Will the Minimum Wage Increase?
President Obama has proposed raising the 2013 federal minimum wage to $9, from the current hourly minimum of $7.25. The current minimum-wage, last raised in July …
Fiscal Cliff Deal Reached – Extending Unemployment Benefits, Tax Cuts, AMT Patch, EITC, Payroll Tax Credit Expiry, Delaying Budget and Defense Cuts
[Updated Jan 2013] Congress and the Obama administration have reached an agreement that will avert a significant portion of the fiscal cliff and its associated impacts …
Payroll Tax Credit Holiday To Expire in 2013 Amongst Other Breaks in New White House Fiscal Cliff Impacts Report
[Updated following fiscal cliff deal] – Unfortunately it looks like the payroll tax credit will not be extended into 2013 under the new deal Congress …
Bernanke’s QE3 Just Won Obama The Election
The Federal Reserve announced a new round of quantitative easing, known as QE3, to boost economic growth and promote employment. The stock markets and investors …
People Only Really Care About Their Personal Economy and Not The National Economy When it Comes To Voting
In a presidential campaign, you hear lots of rhetoric on the how bad the economy is (Republican viewpoint) or how things are much better than …
QE3 Announced and What It Means For You
[Update – Fed Undertakes QE3] The Federal Reserve has confirmed market expectations of a new round of quantitative easing, known as QE3. The new round …
Super Committee Fails to Reach Debt Deal – Automatic Triggers To Cut Defense and Discretionary Spending
[Latest Update] As many had predicted, the debt Super Committee has failed to come up with a deficit reduction plan. Basically the not-so-super members failed …
