The Greek Debt Crisis: Just One Symptom of a Much Larger Problem
Debt / Economy / Europe

The Greek Debt Crisis: Just One Symptom of a Much Larger Problem

Greece has been in the throes of economic crisis for years.  Turmoil first erupted after Greece’s economy was badly bruised by the global impacts of the Great Recession, and the Greek people have been suffering ever since.  In 2009, a poor economic climate combined with a debt level of over 119 percent of GDP caused … Continue reading

Monsanto: The Latest to Flee from the Harmful U.S. Corporate Tax Rate
Economy / Fiscal policy / Taxes

Monsanto: The Latest to Flee from the Harmful U.S. Corporate Tax Rate

There is no question that Monsanto has a controversial reputation.  It is the country’s leading producer of genetically modified seeds, and consequently the largest target for anti-GMO activists.  Now, critics are balking at Monsanto for entirely unrelated reasons: the Missouri-based firm recently announced its plan to buyout a Swiss chemical manufacturer and make the joint … Continue reading

A Dishonest Truth: Corruption in the U.S.A.
America / Economy / Gov. Officials / Rule of Law

A Dishonest Truth: Corruption in the U.S.A.

Welcome to Chicago, the corruption capital of the country! Kind of catchy, don’t you think? Far from being plastered on the city’s next welcome billboard, this slogan may soon become a rallying cry for Chicagoans tired of being the punchline in a fill-in-the-blank corruption joke. The dubious distinction comes from a report released by the … Continue reading

Attn Class of 2015: Don’t Be Fooled by Low Unemployment Numbers
America / Economy / Labor Force

Attn Class of 2015: Don’t Be Fooled by Low Unemployment Numbers

It’s graduation season! And according to sources from both the White House and the Fed, the current unemployment rate of only 5.5 percent signals a wealth of opportunity for grads.   Furthermore, the unemployment rate has been consistently declining.  This means that all of us in Class of 2015 should breathe easy; the time has come … Continue reading

Exchanging Trash for Treasure
Economy / Environment / Fiscal policy / Tax / Taxes

Exchanging Trash for Treasure

The Michigan state government recently stumbled across a startling statistic. Over the past decade its revenue streams were $8-10 million below what it expected. The cause? Residents of nearby states have been smuggling millions of bottles and cans into Michigan, taking advantage of its nation-leading 10-cent bottle refund. Michigan is one of 10 states nationwide … Continue reading