Visualizing the American Taxpayer Relief Act
Zero Hedge reposts the following visualization of the American Taxpayer Relief Act of 2012 (the bill passed to avert the fiscal cliff, also called “ATRA”): (As an aside, I did get an e-mail from my...
View ArticleLess Savings, More Employment?
Another couple of graphs from Zero Hedge today. These two, coming as they do on the heels of a new BLS jobs report, break down quarterly jobs numbers over the past three years by age: Tyler...
View ArticleConsumer Spending at a 4-year High in December
According to two graphs, originally from a Gallup poll, to come across Zero Hedge today: As Durden notes, this is surprising at first. (Not that December itself consistently claims peaks in...
View ArticleQuality, Not Quantity: Job Creation in America
Zero Hedge once again hits the nail on the head, with this article about job creation in America. Over two years ago (and reiterated last year) Zero Hedge first wrote on what was and is an undisputed...
View ArticleArgentina Institutes Price Controls to Combat Inflation
Zero Hedge has the story (everything below comes from their story): Up until now, Argentina’s descent into a hyperinflationary basket case, with a crashing currency and loss of outside funding was...
View ArticleSome Questions for Those Who Fear Deflationary Spirals
Mark Thornton calls fear of deflation “apoplithorismosphobia,” and Robert Blumen has some questions for outspoken apoplithorismosphobes. Why do falling prices make people expect falling prices? The...
View ArticleCyprus Directly Confiscates Wealth
First of all, apologies for not posting in about a week. I have been (and will continue) dealing with some significant responsibilities in my personal life over the course of the next few weeks and...
View ArticleAre the Floodgates of Student Loan Forgiveness About to Open?
Zero Hedge posts a story from Oregon Live dealing with the case of one Mike Hedlund, a former law student at Williamette University who has just won a 10-plus year legal battle to discharge his...
View ArticleWho to Blame for the ACA (or, specifically, its glitches)?
In the days since the botched rollout of the ACA’s federal online health exchanges, HHS and the Obama administration have quite obviously received more than a little bad press. Recently, though, some...
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