Category Archives: Government Policy

Today's Stock Market Dive Obama Reaction? I Don't Think so. That is still to come.

Had lots of viewers today ask whether the 500 point stock market drop today was the market reaction to the Obama victory. I don’t think it was. People have not yet focused on the tax rate issue. My guess is … Continue reading

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The Next Class War: Retirement Income

Here is a chart from a CBO testimony in the House today that shows you the issue that will create the next class war. Social security is massively underfunded, as is Medicare. Big cutbacks in benefits are unavoidable. As you … Continue reading

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