Another Color Change for the Presidential Jet

In the order for new presidential jets, President Biden changed the new colors that his predecessor had selected.

The Economics of Seizing a Super-Yacht

Super-yacht economics involve astronomical maintenance and storage expenses that governments have to absorb after a seizure.

Why Presidential Jets Have Sky High Costs

Looking at the combination of luxury and defense, we can see why the new Air Force One presidential jets are an expensive purchase.

Deciding Who Won’t Get a U.S. Check

During two dates in December, we can worry about federal spending and debt and who won’t get a check from the U.S. government.

What We Need To Know About Federal Spending

Talking about foreign aid and the defense budget is like comparing a blueberry to a watermelon. Foreign aid spending is tiny while defense dollars are massive.   With federal spending on foreign aid, defense, Medicare and Medicaid in the headlines, let’s…

Weekly Roundup: From Burgers to Boomer Demographics

Our everyday economics includes disposable income,competition,externalities, standardization,entrepreneurs,federal budget, R&D, labor and dependency ratios.

How the U.S. Budget Takes Us to Another Galaxy

Within the discretionary spending slice of the government spending pie, research and development at the NSF is a tiny part of the federal budget.

A Speedy Summary of Spending in the US Federal Budget

Right now, the Congress is supposedly debating the 2015 federal budget. Because the new fiscal year begins October 1, their deadline is September 30. But not really. 1996 was the last time the House and Senate punctually approved all necessary…

One Reason That $1.1 Trillion is Not So Much

The Congress just agreed on $1.1 trillion in federal spending. But let’s look a bit more closely… Each year, I give my class a federal budget graph and ask them to identify the relative size of 17 main spending categories.…