Implications of Chinese Growth

Archive for the Government Category

Implications of Chinese Growth

By AJTrenkle on Friday, March 22nd, 2013 | No Comments

TweetThe Financial Times has an article that predicts China’s GDP will greater than the United States by 2016. Most definitely this will be the cause of some alarm and over excitement come the 2016 election. While one should never make predictions, especially about the future, this may cause a lot of introspection in the United [...]

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News You Can Use, Inauguration Day 2013

By AJTrenkle on Monday, January 21st, 2013 | No Comments

TweetToday is a day for a lot of retrospectives on the first term of Barack Obama. Since much of the first term dealt with economics and personal finance in some way or another (and I would obviously include health care reform as a key part of that), many of these retrospectives have interesting insight on [...]

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Debt Ceiling Consequences

By AJTrenkle on Tuesday, January 15th, 2013 | No Comments

TweetIf the fiscal cliff crisis wasn’t enough fun for everyone, in the next 6-8 weeks a much higher stakes game of riverboat Russian roulette will play out with the debt ceiling debate. To sum matters up quickly, Congress must authorize an increase in the amount of debt legally permissible and thereby enables the Treasury to [...]

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The Fiscal Cliff Deal’s Proper Conclusion

By AJTrenkle on Saturday, January 5th, 2013 | 1 Comment

TweetThe fiscal cliff was a manufactured political crisis to try and get Congress and the President to do big and difficult things. None of these things are popular or fun, as most people don’t like having their taxes raised or losing their benefits. The Economist and other sources like David Brooks (whom I respect despite frequent [...]

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Is the Fiscal Cliff Deal a Good Thing?

By AJTrenkle on Saturday, December 29th, 2012 | 1 Comment

TweetPetty politics on substantial issues again? The fiscal cliff negotiations are down to the wire, and many news outlets report that the Senate is furiously working on a deal. The deal is actually more of a stopgap. It will probably extend the Bush tax cuts for all those making under $400,000. While the President wants [...]

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Moving Towards the Fiscal Cliff

By AJTrenkle on Monday, December 24th, 2012 | No Comments

TweetWith the failure of Speaker Boehner’s plan to raise taxes on those making only over $1M dollars in the House, it is clear that no plan that increases taxes on anybody can get through the House Republican Caucus. This means that a bill must be designed with the support of Democrats in mind. House Democrats, [...]

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The Remarkable Ben Bernanke

By AJTrenkle on Friday, December 14th, 2012 | No Comments

TweetThe Federal Reserve Bank of the United States, the most important institution in managing our economy yet one that many people don’t understand a great deal about, has always had in its charter, when created by Congress in 1913 to “maintain maximum employment and stable prices”. Yet, it has often been prices, through inflation targets, [...]

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Same-Sex Marriage: A Legal (and Financial) Act of Justice

By AJTrenkle on Thursday, December 13th, 2012 | No Comments

TweetLast week the Supreme Court of the United States agreed to hear two separate legal challenges to laws restricting same-sex marriage. In one case from California, the Court must decide the legality of California’s Proposition 8, which stripped same-sex couples of the right to marry. It is normally not acceptable for a majority to strip [...]

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The US Constitution and the Debt Ceiling Limit

By AJTrenkle on Thursday, December 6th, 2012 | No Comments

TweetTied up in all the negotiations over the fiscal cliff is the debt ceiling debate from 2011. As you may recall, in that deal Congress raised the limit only enough to get into 2013 after the elections. As you also may recall, what was once a ho-hum affair was used by Congressional Republicans to extract [...]

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The Fiscal Cliff Deal: The Impact of Increasing Revenues

By AJTrenkle on Wednesday, December 5th, 2012 | No Comments

TweetIt slowly looks like the two sides in the deficit reduction/fiscal cliff negotiations are moving towards an idea of what a deal might look like. Granted, no one agrees on specifics but it seems to be that at least on the revenue side (ie increasing tax income for the government and thereby increasing taxes paid [...]

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Archive for the Government Category