by Dave Johnson | Feb 27, 2013 | Uncategorized
This is the story of Bob the Businessman. Suppose a local businessman, let’s call him Bob, went around town raising money from the townspeople to open a car dealership. Dozens and dozens of people in town invested, putting in $1,000, $5,000, and a few putting in as...
by Dave Johnson | Feb 26, 2013 | The Sequester
There is no deficit problem. The deficit is down about 50 percent as a share of gross domestic product just since President Bush’s fiscal year 2009 deficit and is falling at the fastest rate since the end of World War II. Yet the Washington debate is about how and...
by Dave Johnson | Feb 25, 2013 | Minimum Wage
Tuesday's post, 40% Of Americans Now Make Less Than 1968 Minimum Wage, was updated with this chart: The chart shows that wages used to go up as productivity went up, but in the 1970s they decoupled. Productivity kept going up but wages stagnated. Now, here's another...
by Dave Johnson | Feb 22, 2013 | Blog
I noticed something interesting in this USA Today report, Moody's cuts U.K.'s AAA credit rating, Credit ratings agency Moody's Investors Service has downgraded Britain's government bond rating one notch from the top AAA to AA1, citing weaknesses in the economy's...
by Dave Johnson | Feb 22, 2013 | Blog
If you listen to any one audio segment talking about what is going on with the Postal Service this week I recommend this interview I did with The Matthew Filipowicz Show, (which you can also hear on We Act Radio in the DC area.) Click here to listen to the interview....
