Category Archives: Economics

U.S. National Debt and The Deficit

The United States national debt is at roughly $17.2 trillion dollars and growing every day.  A lot of us are asking how we got in this fiscal mess, and things are getting pretty heated.  I’ll try to shed a little … Continue reading

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Technological Unemployment: The Jobless Recovery

The CBS program 60 minutes just recently featured two MIT economists who addressed why unemployment has been so stubborn.  Millions of workers are being displaced by technology, whether it be robots, software, or algorithms.  They’re projecting that within a few … Continue reading

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How Bad Is Wealth Inequality?

It’s much worse than you think, believe me.  You probably didn’t know that 80% of all Americans only have 7% of all the wealth.  The top 1% have 40% of the wealth.  The average CEO makes 380 times the salary … Continue reading

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Charts I Don’t Like

For whatever reason, I’m in the mood to walk you through a bunch of charts I don’t like.  As you look at each one, you should feel terrible and depressed.   Just giving you a heads up, that’s all. First … Continue reading

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Are Droids Taking Our Jobs?

I firmly believe that the next one hundred years are going to be rough on the human race.  I worry that more and more people are going to be displaced by technology and our society and institutions are not going … Continue reading

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