My Thoughts: Employment numbers are higher than normal, though coming down slowly, and the argument made by those who oppose this idea is that it will cause more unemployment. Some marginal workers will lose their jobs, but the ability of those who do not and instead receive higher wages will spur consumption. That will have …
Continue reading A Higher Minimum Wage is the Tonic America Needs
My Comments: Amid all the discussion about whether to raise the minimum wage, or whether it’s in our best interest for ALL of us to have health insurance, and how to keep the Social Security system solvent for the next generation or two, it’s easy to forget how it was before all that happened. I …
My Thoughts: Having the IRS look closely at you is not something you are likely to enjoy. But the good news is there are fewer agents than before and unless your “mistake” is grievous, you are likely to be overlooked. But you can’t count on it. With computer technology advancing by the minute, it will …
My Thoughts: Here we are, it’s December 2, and the President has assured us the website issues are fixed. I doubt they are; there were too many issues to get fixed. But they will get fixed since the PPACA is here to stay, and all the paranoia and hysterics will fade over time and we’ll …
Continue reading What went wrong with HealthCare.gov – and what now
My Thoughts: I can see! Sort of! But I have to wait a couple of weeks to get my new glasses. In the meantime, Happy Thanksgiving to all, and here is a idea that some of my clients have asked me about. Personally, I like to effect a rebalance every 12 months. by: BLOOMBERG NEWS …
Continue reading The Worst Investment Advice I’ve Heard All Week: Barry Ritholtz
My Thoughts: Last evening, I attended a meeting where the presenter talked about Long Term Care and how it, or the lack of it, will have critical implications for families going forward. Fifty years ago, the issue was resolved by the elderly when they simply assumed their children would take care of them. Today, with …
DOW AND S&P 500 AT RECORD HIGHS - The Dow Jones industrial average jumped more than 100 points on Tuesday, to finish at a record closing high. The S&P 500 ended Tuesday at a record high for the third straight day. The S&P 500 has risen 6.4% since October 8, when it hit its lowest …
My Comments: You may be sick and tired of this discussion but how this plays out is going to be critical to the health and well being of every possible reader of this blog, for years to come. Only with a good understanding of what is going on can you somehow make the outcome benefit …
Continue reading Hospitals as Insurers ‘The Future’ Under Obamacare
My Comments: Amid all the rhetoric, name calling and just plain stupidity circulating among the political blogasphere, here was something from Forbes in May of 2012, a lifetime ago in some circles. Forbes is not known for its liberal point of view. But here it was anyway. And all of this before the sequestration happened, …
My Comments: Just in time for Christmas! No, wait, it's not even Thanksgiving yet. Increasingly, I find myself buying items over the internet. My son and daughter probably purchase almost everything short of groceries and gasoline. They have bought into the “free shipping” concept, paying an annual fee whenever it seems reasonable, especially from Amazon. …
Continue reading How to Snag Totally Free Two-Day Shipping Indefinitely
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