Fiscal Intelligence

Fiscal analysis that enables educators, small business owners, and community organizers to make informed decisions.

Category: US Economy

Where is Our Government? Part II

iPad

 

 

Advertisements

The Latino Effect on Economic Growth

“As consumers, Latinos wield more than $1.3 trillion in buying power, and the number of affluent Hispanic households is growing much faster than for the overall population: In 2015, there were approximately 370,000 US Latino households with incomes over $200,000, an increase of 187 percent since 2005.”

Gleevec

“The amount patients pay can vary widely depending on their insurance plan, and Halford’s cost started at $500 a month, but within a year the drug she needs to stay alive was costing her more than $800.”

Where is Our Government?

“Americans feel isolated from the leaders that they sent to Washington to represent them.  Therefore, it is imperative, more than ever, that our leaders in Washington focus on addressing and confronting the problems that afflict America today- with both foresight and determination. I am a firm believer that what the American people deserve is a clear and concise explanation from our leaders as to how they do plan solve the most pertinent issues facing the country.”

Of Interest at the Fed by Nicole Gelinas, City Journal Winter 2015

“But did the Fed’s approach spare Americans a harsh reckoning, or only delay it? Even after more than $1 trillion in defaults and repayments, Americans still hold twice as much housing debt as they did in 2000. If mortgage debt had merely stayed in line with the growth in other prices instead of outpacing inflation, we’d owe a collective $6.6 trillion today on our houses, not $9.4 trillion. And what happens when mortgage rates rise, or when house prices stagnate or even fall again? We could end up where we were six years ago—with borrowers and lenders alike realizing that they can’t repay their debts.”

Of Interest at the Fed by Nicole Gelinas, City Journal Winter 2015.

Wealth inequality has widened along racial, ethnic lines since end of Great Recession

Wealth inequality has widened along racial, ethnic lines since end of Great Recession.

The Effects of Unemployment Benefits on Unemployment and Labor Force Participation: Evidence from 35 Years of Benefits Extensions

Budget and Economic Outlook 2014 to 2024__CBO

What’s Wrong with the Unemployment Rate?