Saturday, December 14, 2013

Nice Graphic showing the change in beneficiaries for various Federal benefits. The Social Safety Net in action.

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Here is a nice resource when teaching US Fiscal Policy and discussing the difference between "Means-Tested" ( Gold print ) and ...
Friday, December 13, 2013

Hayward's Sub Shop is Open for Business!! Now, I just have to see if I can make it with the various Minimum Wage hike scenarios. See the numbers here....

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Hayward's Sub Shop is open for business!! However, am I going to make it at the various proposed minimum wage hikes?  Let's see.  ...

US Defense spending from Soup to Nuts. No, really, from soup to nuts...

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From Mother Jones:   See more on defense spending at the link.

How is the Federal Budget like a loaf of bread? You got your Texas Toast and your breadcrumbs. Which one will fill you up faster? Congress seems to think it is the breadcrumbs....

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A nice quick reference visual that gives you an idea of of the relationship between Mandatory ("Non-Discretionary") and Discretion...
Tuesday, December 10, 2013

Has the minimum wage lost purchasing power over the last 30 years? Well, Yes and No. Read here why the ambivalence.

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Lots of debate about how the current minimum wage of $7.25 has not kept pace inflation over the past 30 years or so and it how it has hurt t...
4 comments:

Corn farmers are challenging the underlying theory of the market they operate in. Don't they understand basic microeconomics?

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Well, yes, the average framer probably does and likely much more than even the best micro-economist. Some farmers have provided a nice, r...
Monday, December 9, 2013

The cultural trend for males to sprout facial stubble might look good but it hurts the economy in ways we don't think about. See here how...

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We hurt the economy in ways we don't even think about: The fashionability of facial hair is bad news for the razor industry. The mal...
1 comment:
Sunday, December 8, 2013

Americans gotta consume...No, really, Americans GOTTA consume. See here how much...

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Retail and Food sales are a nice indicator of the health of the economy.  It shows the level of spending primarily by consumers with money t...
2 comments:
Friday, December 6, 2013

Wind mills now have a license to kill. Find out here who the victims will be.

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Bald Eagles are an impediment to the expansion of the Wind Farm industry. Because they have strict Federal protections afforded them, invest...

The Weather Channel is going Greek---in naming the back to back storms we are experiencing. Dion is up next...

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It appears The Weather Channel is going Greek, as in Mythology, to name the back to back winter storms we are experiencing (From Wikipedia)...

Part 2: Educational Attainment and Employment---How has it fared since the start of The Great Recession. The numbers are incredible!

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The data below is an extension of my prior posting regarding the connection between the attainment of education and the number of jobs held ...

How has the job market changed in the past year based on educational attainment? You don't want to miss this chart. It will make Finals Week SO MUCH MORE comforting...

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How important is education in terms of employment prospects? I used the latest data (today!) from the  BLS report on Educational Attainmen...
Wednesday, December 4, 2013

How the common Christmas Gifts you buy helps keep the inflation rate lower than it otherwise would be...

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The Wall Street Journal keeps tabs on the prices of common Christmas gift items and compiles a Gift Index that measures the change in prices...

If Texas was its own country it would rank #10 in oil production. Drill, Baby, Drill...

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Drill, Baby, Drill----the important economic concept of  Comparative Advantage into your brain. Interesting factoid from Carpe Diem .   ...
Tuesday, December 3, 2013

King Dollar is slowly being demoted to Prince. Should we care?

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Found this graphic HERE . It shows, in percentage terms, how much a particular currency is used to conduct international trade transaction...
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