The Brookings Institute, one of Washington’s most respected think tanks, has a very informative page on Obama’s and McCain’s tax policies(McCain’s policies aren’t of significance for obvious reasons). Obama is officially going to be our president today, so it’s about time I’ve fully analyzed his policies and adjust my behavior accordingly. To my surprise, his [...]
Category Archives: Economics
An Analysis of Obama’s Tax Proposals
Also posted in Life, Politics Tagged Analysis, Brookings Institute, Capital Gains, College, McCain, Middle Class, Mortage, Obama, Public Policy, Savings Rate, Tax, US, Welfare 3 Comments
Bear Stearns BUYOUT, not BAILOUT
There has been much discussion about buyout of Bear Stearns by J.P. Morgan. CNBC has a video that pretty well sums up many people’s perception that the Fed showed preferential treatment towards Wall Street over the individual citizens amid the economic crisis. The media has a knack for revving up emotions for the sake of [...]
US Trade Deficit Declines Again
Saw this article today on Yahoo finance, exactly inline with what I mentioned two days ago. Not very suprising that the deficit with China is getting better anytime soon since the yuan is fixed to the dollar by the Chinese government(yes governments are capable of manipulating exchange rates if they have enough reserves!) which is [...]
Why A Weaker Dollar Is GOOD
Headline on yahoo finance today: http://biz.yahoo.com/ap/071107/wall_street.html This has been no doubt one of the most discussed topics regarding our economy and is usually looked upon as a negative. Keep in mind that the feds do have the power to influence exchange rates, if they chose to put positive pressure on the exchange rate all they [...]
Also posted in Investments Tagged Currency, Dollar, Federal Reserve, Interest Rates, Trade Deficit, US Leave a comment