The Economy Inherited by Bush, Obama, and Trump

Characterized by an upswing or a plunge, the economies that George Bush, Barack Obama, and Donald Trump inherited were different.

Econlife Quiz: The Economics of U.S. Presidential Inaugurations

One week ago, America witnessed the Inauguration of Donald Trump, the 45th President of the United States. From million dollar donors to glitzy ball gowns, no doubt a U.S. Presidential Inauguration has become both a historic and spectacular occasion. The…

When is $4 Billion Chump Change?

Included in the discretionary section of the federal budget, at $4 billion or so, Air Force One is a very small part of government spending.

Predicting the Election

Today, let’s take a look at what three markets are saying about the U.S. presidential election. A Currency Market The Mexican peso/dollar foreign exchange market says that Mexico would not be pleased with a Trump win. During early August the peso rebounded when Trump’s…

Election Economics 2016: Does Anyone Care About the Debt?

An ignored issue during the first presidential debate, the soaring federal debt would increase further if Clinton and Trump implemented their proposals.

Election Economics 2016: Why It’s Tough to Prove the Benefits of Trade

Easier to oppose free trade than support it, the candidates and many average Americans disagree with most economists who see the invisible benefits.

Election Economics 2016: Why It’s Tough to Prove the Benefits of Trade

Easier to oppose free trade than support it, the candidates and many average Americans disagree with most economists who see the invisible benefits.

Election Economics 2016: Tax Equity

Currently at 40% for estates that exceed $5.45 million, the federal estate tax is liked by neither candidate. While Hillary Clinton wants to raise it, Donald Trump says erase it. Where are we going? To equitable solutions. The Frugals and the Profligates…

Predicting the Election With the Economy

When Bill Clinton ran against George H.W. Bush, the 1992 November unemployment rate was 7.4% while during the previous June, it touched 7.8%. You can see why the big sign in his campaign HQ said, “It’s the economy, stupid.” Now, Mrs. Clinton’s…

Where We Need a Crowd

Told that the line outside one restaurant was rather long while there was no wait for a similar place nearby, most of us choose the one with the crowd. Where are we going? To the economics of crowds. Why We Need Crowds…