Start-Up Business Activity and the Health of the U.S. Economy

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Start-up businesses increase during declining economies and are a lagging indicator of the health of the economy. Are they also predictive of future growth?

Obamacare’s ‘Hardship Exemption’ May Put Law on Life Support

Is Obamacare over? Image courtesy of the U.S. Government

Obtain health insurance or pay a penalty: The mandate is a key provision of Obamacare. The expanded hardship exemption could seriously change the economics of the Affordable Care Act.

Bitcoin: A Passing Fad or the Future of Monetary Exchange?

bitcoin-hack

Security issues and modest acceptance aside, Bitcoin is the world’s most successful digital currency. How does virtual money work, and is there a future for this system?

The Paradox of Taxes and Wealth In the United States

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After adjusting for benefits received, upper-income Americans pay more than 100% of all the individual taxes in the United States. How is that possible?

Debt and Deficits: How the Federal Budget Process Works

The federal debt has risen significantly over the last few years, but the Congressional Budget Office expects it to level off. Image courtesy of the CBO

The process of crafting a budget is long and convoluted, fraught with pitfalls during an eight-month process. Where are we at now, and how does it work?