The Economic Future For Young Americans

On May 2 Gallup had a release titled “In U.S., Optimism About Future for Youth Reaches All-Time Low.” Although the entire release is worth reading, I found the following excerpts to be particularly notable: Forty-four percent of Americans believe it is likely that today’s youth will have a better life than their parents, even fewer … Read more The Economic Future For Young Americans

Economically Counterproductive Policies – Incandescents

In the March 28, 2011 edition of Forbes, Steve Forbes wrote an article titled “Ban Bulb Lunacy.” An online caption of the article reads “Next year the federal government begins the phaseout of traditional incandescent lightbulbs, giving us yet another enlightening example of politicians short-circuiting free markets.” In the article, Steve Forbes says “This prohibition of … Read more Economically Counterproductive Policies – Incandescents

Economic Impact Of Policies

On May 18 The Wall Street Journal had an article on a new lead-paint law titled “New Lead-Paint Law Heavy on Budgets.” This law serves as a good example of an important issue I wrote of in my May 2009 article “America’s Economic Future – ‘Greenfield’ or ‘Brownfield’?” In that article I wrote of the … Read more Economic Impact Of Policies

Largest Employers

Crain’s recently came out with their list of the largest Chicago-area employers.  What I found notable was that the top 5 employers are various government entities (federal, state and local). Of course, this situation is not unique to the Chicago area.  Many states have a large percentage of their total jobs as government jobs. While … Read more Largest Employers

America’s Economic Future – A Comment

Those familiar with this blog know that I believe (based off of my overall analysis) that our current purported economic recovery is not sustainable. As I have indicated in previous writings, we as a nation need to be more “strategic” in nature if we are to attain true Sustainable Prosperity. One critical question that we … Read more America’s Economic Future – A Comment

America’s Economic Future

As a follow-up to yesterday’s post, here is a passage from Larry Summers’ March 13, 2009 speech that speaks of the importance of economic strength in achieving broader societal goals: “Our single most important priority is bringing about economic recovery and ensuring that the next economic expansion, unlike it’s predecessors, is fundamentally sound and not … Read more America’s Economic Future

Tax Breaks And The Economic Greenfield vs. Economic Brownfield Concept

Here is a recent story from BusinessWeek, “Will Tax Breaks Boost Jobs?” As seen in my article (with italics added for emphasis) “America’s Economic Future – ‘Greenfield’ or ‘Brownfield’ ?” “One way to determine whether an economic “greenfield” environment exists is whether businesses are thriving and multiplying naturally – with an indicator being that they are choosing … Read more Tax Breaks And The Economic Greenfield vs. Economic Brownfield Concept

America’s Economic Future

A little while ago I wrote an article titled, “America’s Economic Future – ‘Greenfield’ or ‘Brownfield’”.  For those interested, it is the first article listed here: https://www.economicgreenfield.com/prosperitybypencom-directory/ I would like to make a couple of additional comments with regard to this article. First, in my opinion the topic of America’s Economic Future is not one … Read more America’s Economic Future

James Hamilton’s Comment on Ben Bernanke

I found this blog post from James Hamilton to be interesting: http://www.econbrowser.com/archives/2009/06/on_grilling_the.html especially when he says this: “But it is another matter to question Bernanke’s intellect or personal integrity. As someone who’s known him for 25 years, I would place him above 99.9% of those recently in power in Washington on the integrity dimension, not … Read more James Hamilton’s Comment on Ben Bernanke