Good News and Bad News about GDP Growth

The U.S. economy grew at an annualized rate of 2.8 percent in the fourth quarter of 2011, the Bureau of Economic Analysis reported. With Europe in crisis and the world teetering on the brink of a new global recession, that quarterly growth figure is a welcome ray of...
Wealth is the Gift that Keeps on Giving

Wealth is the Gift that Keeps on Giving

The holiday season exerts a lot of pressure to spend what you don’t have and go deeper into debt in the name of “giving.” This year, let us all support each other to be financially responsible and engage in building wealth instead of destroying it....
Hardly Working

Hardly Working

Many people know that some 14 million Americans, officially about 9 percent of the nation’s work force, are unemployed. Another 12 million are under-employed. That means they’d like full-time work but can’t get it, or maybe they’re working two...
Luck Matters

Luck Matters

In their unbending opposition to raising a penny more in taxes from even the wealthiest Americans — even in the midst of a government debt crisis and shrinking public budgets — extremist politicians paint all rich people as self-made, entrepreneurial “job...
It’s Time to Study Social Security’s Origins

It’s Time to Study Social Security’s Origins

After a bubble economy burst, the stock market collapsed. Main street businesses began to fold and jobs soon vanished. Millions of job seekers remained unemployed as the months turned into years. Both government and personal debt soared. The best economic minds in...