At present, we would describe the U.S. economy as experiencing a microrecession, where there is some economic contraction underway that is too limited in severity, scope or duration to fully qualify as a recession by to the standards of the National Bureau of Economic Research
The Federal Reserve believes it can safely taper its QE program's purchases of U.S. Treasuries and Mortgage-Backed Securities, since the economy would appear to be more capable of generating the growth needed to offset the negative effects of the fiscal drags upon it.
As a result, the U.S. federal government, in hiking its payroll taxes on U.S. businesses so much, actually drove jobs out of the U.S. instead because it overly penalized employing workers within the U.S.
Now, ask yourself a question: Could you afford to go through a year where your income might drop by 20% or more from the previous year?
Roughly every three months, we take a snapshot of Standard & Poor's earnings forecast for the S&P 500's earnings per share.
It's time to update the picture for Chevy Volt sales in the United States from our previous snapshot last August
The Affordable Care Act (aka "Obamacare") is unraveling on many levels, but perhaps most so on the personal finance level for the consumers of both health care and health insurance.
Looking at the data through December 2013, we find that while the second housing bubble has resumed inflating, it would also seem to be inflating at a decelerating rate.
Here's the clearest indication that the Fed's established policies are not sufficiently facilitating the nation's economic growth by its own standards.
If a considerable number of businesses might soon be seeing reduced earnings, with corresponding reductions in their expected dividend payments to their shareholders, it would make sense to focus more in the nearer term than a more distant future.
Through 5 December 2013, China had increased its year-over-year purchases of U.S. soy by 33%.
Reducing the federal government's budget deficit by $2.5 trillion sounds pretty impressive, doesn't it? But what might not sound so impressive is that even with those minor spending cuts and large tax increases, the federal government will still run very large budget deficits throughout the rest of President Obama's term in office.
One of the dangers that people who work in low wage-earning jobs face from politicians promising minimum wage or benefit increases is that they might get priced out of their jobs.
Since Americans between the ages of 20 and 24 account for 9.6% of all Americans with jobs, their 439,000 increase from January through December 2013 makes them the biggest winners for jobs during the year.
Suppose politicians were free to spend money in ever increasing amounts, and that the only rule they had to follow is that each additional expenditure they make would have to be exactly one dollar more than their previous highest expenditure.
Assuming that the business has employees, it is also subject to the employer portion of the U.S. federal payroll taxes for both Social Security and Medicare.
As in November 2013, it appears the economic distress is once again concentrated in the real estate sector of the U.S. economy, with Real Estate Investment Trusts (REITs) bearing the brunt of the negative actions.
We know. It's a long list. But we're specifically looking at the seasonally-adjusted trend in the state's weekly number of initial unemployment insurance benefit claims, which are filed whenever people are laid off from their jobs.
In addition to discussing different options for obtaining effective health insurance coverage and avoiding tax penalties, which at this writing, will still negatively affect the millions of Americans for whom President Obama has not yet waived the penalties, Parnell also describes how to get the most for the money you do have to spend on health care services.
The second U.S. housing bubble, which first began inflating after July 2012, has resumed inflating after stalling out in the months from July 2013 through September 2013.
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