How Do You Spend a Stimulus Check?

Several months ago we looked at how recipients spent the money they received from the March 27 CARES Act. Now, with a new NY Fed survey that is more up-to-date, we can predict the response to the Biden proposal for…

How to Pay For a $1.9 Trillion Package

Through massive pandemic aid, the 2020 CARES Act ballooned the federal deficit. With spending far exceeding revenue, the difference was $2.8 trillion:   Now, President-elect Biden has proposed a new $1.9 trillion relief package. It includes payments to Americans who…

Why the Same $600 Stimulus Check Is Really Different

Instead of per capita income, we can compare U.S. states’ standard of living and wind up with different results.

Six Facts: Getting to Know the Superrich

These six facts about the superrich reveal where they make their money, whether they keep it, and how it should not be taxed.

How COVID-19 Affects Social Security’s Health

According to a University of Pennsylvania economist, just three questions can serve as a barometer of financial literacy. Do give them a try. I’ve listed the correct answers at the end of today’s post: As a pension expert, Wharton School…

The Connection Between Recycling and Coronavirus

Facing shrinking revenue from the coronavirus, municipalities need to decide whether to diminish their recycling costs.

The Gasoline Taxes That Are Hit by Covid-19

Rarely mentioned, the revenue generated by gasoline taxes in the U.S. and Europe has been affected by the coronavirus pandemic.

How Female Voters Got More Economic Power

We can look at the impact of the19th Amendment through an economic lens to see when and how female voters increased their power.

Six Facts That We Need to Know About the Federal Debt

Hearing about a multi-trillion dollar stimulus package, we should also know six handy facts about what will happen to the federal debt.

What the Pandemic Will Do to Social Security

A looming Social Security shortfall could happen much sooner because of pandemic spending and its impact on the birth rate.