WIOA Under President Trump
Economy / Education / Labor Force

WIOA Under President Trump

Introduction The Workforce Innovation and Opportunity Act (WIOA) supports individuals from sectors across society who are looking for employment, training, or other workforce assistance. WIOA is a federal program implemented by states and it has only been active since July 1, 2016. The program is supported by a bipartisan majority and has been praised by … Continue reading

Going for Broke: How the Olympics Affect Local Economies
America / Economy / Events / Other

Going for Broke: How the Olympics Affect Local Economies

Since the establishment of the International Olympic Committee (IOC) in 1894, the Olympic Games have been a world stage for people of all countries to show off athletic prowess through competition.  In that time, 41 different cities have hosted the games with some like Los Angeles hosting multiple. Leaders in these cities justify the expense … Continue reading

Democrats Double Down on Failed Financial Services Policy
Politics

Democrats Double Down on Failed Financial Services Policy

The Democratic Party’s platform draft for Financial Services states that “[t]o restore economic fairness, Democrats will fight against the greed and recklessness of Wall Street.” Despite these goals, the proscribed policies in the Democrat’s platform will have unintended consequences that will harm consumers, and make the biggest banks bigger and smaller banks disappear. In short, … Continue reading

ACA Made Easy: Individual Shared Responsibility
Affordable Care Act / Healthcare / Social Insurance Programs

ACA Made Easy: Individual Shared Responsibility

Since the Individual Mandate statute of the Affordable Care Act was enacted in January 2014, every American is accountable for an Individual Shared Responsibility* payment every year. Meaning, if you do not have health insurance, you will face penalties. While you may not see an actual summons, or pay a fine, the federal government enforces … Continue reading

Bankruptcy is Just a Band-Aid, Puerto Rico Needs Meaningful Reform
Debt / Economy / Latin America

Bankruptcy is Just a Band-Aid, Puerto Rico Needs Meaningful Reform

The global economy has been experiencing its fair share of ups and downs.  Many eyes, including my own, have been locked on Greece as the country struggles to stay afloat under the overwhelming weight of its government debt.  Furthermore, Prime Minister Tsipras’s leftist economic policies have all but dismantled the Greek economy.  Outlandish tax rates … Continue reading

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

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

The Debt Ceiling: Good Politics, Not Policy
Debt / Economy / Fiscal policy / Politics / U.S. Domestic Policy

The Debt Ceiling: Good Politics, Not Policy

As of this past week, our federal government has managed to clear the hurdle of fully funding the Department of Homeland Security. Unfortunately, this is only one of the many vitally important budget issues on the horizon, including Medicare payments to doctors, funding for the Highway Trust Fund and our crumbling infrastructure, and the prospect … Continue reading