Monthly Archives: November 2012

Most Americans face lower tax burden today than in 1980

What is a fair tax code? Amid debate about taxes, the New York Times examines questions of equitability. Here is a direct link to a video report.

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The fiscal mountain of escalating promises on insufficient tax revenue

The US faces the same issue as many aging nations today where entitlement promises become a ‘fiscal mountain’ over the next 19 years as the boomers move through. The top graph below shows how quickly costs will escalate and compound … Continue reading

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Current fiscal discussions nowhere close to numbers needed

Bloomberg Government director of research Robert Litan offers some perspective on the latest news on the fiscal cliff negotiations and how big of a bargain is really needed. Here is a direct link.

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Danielle’s weekly market update

Danielle was a guest today with Phil Mackesy on Talk Digital Network discussing recent developments in the world economy and markets. You can listen to the audio clip here.

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David Walker on the necessity of concessions on all sides

David M. Walker, former U.S. comptroller general, who headed the Government Accountability Office from 1998-2008, now CEO of the Comeback America Initiative, is one of the few who understands the numbers at hand. See: The fight for a grand bargain. … Continue reading

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US Bonds not buying the “fixie” dust

This chart captures the disconnect between the S&P 500’s “hopium fix” the past few days and US bond markets that see no grounds for economic optimism thus far. Source: Cory Venable, CMT, Venable Park Investment Counsel Inc.

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