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Category Archives: Economy
The Unnecessarily Complicated System of Taxes
“In this world, nothing is certain but death and taxes” – Benjamin Franklin As most of you know, today is the last day for you to file your taxes on time. Therefore, the question must be brought up again: Why … Continue reading
Posted in Economy
Tagged economy, money, tax code, tax day, tax reform, taxes, United States
1 Comment
Minimum Wage Debate: 3 Perspectives
President Barack Obama is proposing a new plan to Congress to raise the federal minimum wage from $7.25 per hour to $9 per hour. Obama says this would increase the earnings of 15 million low-income people, narrow the gap between … Continue reading
Posted in Economy
Tagged $9 per hour, economist, economy, federal minimum wage, income inequality, low wage worker, obama, poverty, small business, unemployment
2 Comments
Dow Jones Record High Not as Big a Deal as You Would Think
The Dow Jones closed at $14,253.77 yesterday, surpassing the previous record high set in October of 2007. But what does this really mean? Does it mean we have finally moved past the devastating effects of one of the worst recessions … Continue reading
Posted in Economy
Tagged consumer confidence, Dow Jones, economy, Federal Reserve, record high, S & P 500, stock market
2 Comments
