The Friday File: In 1960, among married couples 21% of the time one spouse was better educated than the other; two-thirds of the time it was the husband. By 1990, 38% of married couples were unequally educated and 60% of…
For the 12 months ending 1/31/14, S&P 500 firms spent $478 billion buying back outstanding shares, and in the quarter ending 1/31/14 spending on buybacks rose 29% compared to a year earlier. Seems the higher the stock price, the more…
Renita D. Young of The Times Picayune writes about Elliot Eisenburg’s predictions on nola.com. Click here to read the article.
Policies that didn’t help the economy recover from the Great Recession include tax credits for business investment and the first-time home buyer credit which didn’t exclude new homes as they incentivized new construction when there already was excess plant and…
While hoping for a change of regime in Iran that forswears nuclear weapons is a lovely idea, it’s not policy. Rather, for diplomacy to work with a recalcitrant partner such as Iran, you need a continuous coercive element. As such,…
Two caveats from last Friday’s decent labor report. First, rising temp employment, formerly a leading indicator of full-time employment, is no longer. Since 4/10, the number of temp workers is up 58%, while overall employment growth is up 7.8%. Second,…
The Friday File: The most popular condiment in the US is mayonnaise, and by a wide margin. Last year mayo sales totaled $2 billion. Ketchup was a distant second at $800 million, followed by soy sauce at $725 million, barbecue…
The proposed budget released by the White House shows the deficit declining to 1.9% of GDP in 2018 and a microscopic 1.6% of GDP by 2024. Don’t believe it. The budget fails to tackle entitlement reform, the Republicans will never…
Read this article by Annie Baxter featuring Elliot Eisenburg posted on MPR News. Hammers swing for Twin Cities home builders as housing market recovers
With growth in China slowing substantially and Chinese leaders still slavishly forecasting 7.5% GDP growth, expect Beijing to step in and support the economy with aggressive fiscal stimulus. The problem, increased reliance on debt and infrastructure spending along with the…