by Daniel White | Dec 13, 2021 | Economy
December 13, 2021 Take a look across the country. Almost everywhere, including Amazon, Starbucks, UPS, IBM, and many more, there is a labor shortage along with a resulting hike in wages aimed at attracting and retaining workers. McDonald’s raised hourly wages by...
by Daniel White | Dec 6, 2021 | Economy
December 6, 2021 Recently, the busy travel period between Thanksgiving and New Year’s Day kicked off. But the airline industry is facing a big issue – labor problems. We’ve all heard about American Airlines and Southwest Airlines cancelling thousands of...
by Daniel White | Nov 22, 2021 | Economy
November 22, 2021 The Federal Reserve should begin scaling back some of its extraordinary pandemic stimulus measures soon. It has foreshadowed a sunset on its huge bond buying program, which should help avoid another “taper tantrum,” like in 2013. Back then, markets...
by Daniel White | Nov 15, 2021 | Economy
November 15, 2021 Unfortunately, the U.S. economy has taken a significant turn downward. The economy grew by a 4.3% annualized rate in the fourth quarter of last year, 6.3% for first quarter of 2021, and 6.7% in second quarter of this year. The growth since COVID-19...
by Daniel White | Nov 8, 2021 | Economy
November 8, 2021 Unsurprisingly, the infrastructure bill boondoggle remains stuck. The Build Back Better Act is 2,466 pages long and aims to expand our social safety net and combat climate change. If it passes, it will be the largest government spending program ever....
by Daniel White | Nov 1, 2021 | Economy
November 1, 2021 Come Christmas, I wouldn’t be surprised to see gas around $5 per gallon and oil at 20 times that – $100 per barrel. Everyone will feel it, and in some parts of the country, they already are. This should surprise nobody. Once the economy got up...
