Entries from March 2009

March 29, 2009

What if Obama and Co. are right?

There is a theory, one now being held quietly behind closed doors. Each day for the past couple of months, economist, senior bank analysts, financial experts have been touting a new way out of the mess we have found ourselves in. If one would write each of these down on paper it would probably fill [...]

March 14, 2009

Real Economics

In just 25 years the following changes occurred in real household income:
For the lowest 20% of the population, income rose 2%
For the next lowest 20% of the population, income rose 11%
For the middle 20% of the population, income rose 15%
For the next highest 20% of the population, income rose 22%
For the top 20% of [...]