by Daniel White | Oct 11, 2021 | Economy
October 11, 2021 A lynchpin in the hopeful passage of the $3.5 trillion infrastructure bill is that “the rich” will pay for it all. Well, I wouldn’t count on it. Tax-happy folks say it’s only fair to make wealthy Americans and corporations pay for everything. I’m...
by Daniel White | Oct 4, 2021 | Economy
October 4, 2021 The clock is ticking on the government’s cash balance. The debate on the federal debt ceiling, which is the government’s Congressionally approved spending limit, is an ongoing political game of hot potato. Congress gets dangerously close to the...
by Daniel White | Sep 27, 2021 | Economy
September 27, 2021 This is a terrible time to buy a car. Not only are dealer inventories low, prices for new and used vehicles are through the roof. The inflation in the automotive market is borderline astounding. A big reason is the industry has been hobbled for...
by Daniel White | Sep 20, 2021 | Economy
September 20, 2021 I’m not sure I want to know what would happen if the world, the global economy, businesses, stock markets, governments, and everything just stopped growing, though I may find out. I’m not a growth zealot. I like growth, but I also know it ebbs and...
by Daniel White | Sep 13, 2021 | Economy
September 13, 2021 According to Gallup’s annual survey that ranks confidence in some of our most important institutions – including police, churches, labor unions, public schools, television stations, newspapers, and even Congress – Americans are less...
by Daniel White | Sep 7, 2021 | Economy
September 7, 2021 President Biden hasn’t been able to pass many tax increases. We should all be happy. One tax benefit that remains (for now) is the continuation of the so-called “step up basis” when inheriting an asset. If repealed, the economic consequences would be...
