This post is a guest contribution from Lucas Weaver of the Yolopreneur. However, there were items that needed more direct information, so it is more of a collaboration between Mr. Weaver and Dr. Ackerman; but it was Lucas who first arrived at the subject matter- and the bulk of this post is his thoughts..
Continue reading Thriving in a Recession: Tips for Managing Your Household Budget and More
This is taken directly from the Washington Post. It is a great piece by Michelle Singletary. You should take this quiz!
Continue reading Is the Economy Working for You?
I am not quite sure we thought this all the way through.
After dealing with two years of economic dislocation, supply chain disruption, and deaths due to the pandemic, we are now in yet another period of deprivation.
Continue reading Economic Morass
I am sure there is not a soul that will be surprised to hear that the number of business failures this year exceeds historical levels. Not just small business this time- but big retail companies (18 retailers filed for bankruptcy in the first 6 months of the year, 11 more in the next 45 days! A total of some 6000 retail stores have disappeared across the USA.) Yes, these numbers exceed those from the Great Recession.
Continue reading Let’s Get Started
To open or not to open. That really is the question.
Because if we don’t open our schools, we will never find a way to get most of our employees able to return to work. They will have to stay home to monitor their kids and provide secondary instruction (or is that primary?) for when their kids don’t quite get the subject matter of the day. Not to mention that many of our kids lack the resources for schooling at home. (No computer, no internet.) Maybe even more kids manifest food deficits (normally receiving free lunch and free breakfast at school)- and hungry kids just don’t learn well.
Let’s start out this discussion clearly stating that the American economy is still chugging along. Which is a great thing. We haven’t had this many years in a row without a recession or depression!
Continue reading Another Half (or is that Quarter) Truth
The trick to burying the news is to release it on a holiday or later in the afternoon on a Friday. So, what better day should TheDonald pick to release a long-awaited report discussing how America (and the world) is failing to tame the climate change issues than on the Friday afternoon after Thanksgiving?
Continue reading Bury the lead?
WooHoo!
Everyone is cheering that the economy grew at 4.1% this past quarter. I mean, that is good news. It would be GREAT news if it were sustainable and not a fluke. And, since I said that I am sure you realize that this was a fluke.
Continue reading GDP Growth NEVER seen before (sic)
The gig economy. Solopreneurship.
According to the newspapers and magazines, this is a flourishing sector of the economy. (Please note that they define flourishing as lots of folks involved- not that those so involved have amassed significant profits.)
Continue reading What’s in a Gig?
This is a fun study. First, let’s talk about the two folks who performed this research. A husband and wife. Who like to visit restaurants. And, wanted to know whether a change in the minimum wage really does cause restaurants to close.
Continue reading Minimum Wage Pressure
