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.

The Mystery of the Disappearing Deficit Worries

Although deficit worries have been confirmed by the CBO, the presidential hopefuls have ignored the topic and the voters have shown less concern.

Stock Markets and the Presidential Election

When we look at presidential election economics, stock markets indices like the Dow and the S&P 500 have been used to forecast results.

Election Economics: Looking at the Millennials, Xers, Boomers, and Silents

Before tomorrow’s election, let’s take a look at the voting age gap. Absent since 1972, the young and the old again are voting differently.   The Silent Generation: The oldest slice of the population, the Silent Generation was born between 1928…

Election Economics: Tax Matters

The candidates agree that tax proposals need to focus on reducing the deficit and on government spending. After that, the divide on tax policy is considerable. To narrow the gap between revenue and spending, President Obama supports a higher tax…

Election Economics: More of the Jobs Story

Here are some jobs facts that might be helpful when you listen to the candidates. During 1933, the unemployment rate was a cataclysmic 24.9%. Having entered office that year, FDR was re-elected in 1936 with unemployment still soaring but better…

Remembering Milton Friedman

Split down the middle, opinion about the US economy puts private initiative or government first. Those who place individual enterprise first believe most private income belongs to those who generate it. By contrast, government’s advocates see a growing share of private income as…

Election Economics: Assessing Outsourcing

Until November 6, at econlife, Mondays will be about presidential election economics. In 2004, when President Bush’s Council of Economic Advisers chairman, Harvard professor Greg Mankiw, was lambasted for saying, “… I think outsourcing is a growing phenomenon, but it’s something…

Free or Fair Government?

I live in a town where I have to pay for garbage pick-up and recycling or I can dispose of it myself. The fire department is voluntary. Because there is no local high school, the town pays other school districts…

Presidential Futures

The prices of buy and sell contracts for the Republican presidential candidates in Iowa provide a good history of the beginning of the primary race. Romney contracts (max of $1) on the first and last day of each month since…