Tags » Great Recession

Wealthiest pay higher taxes -- with no substantial impact on economic growth

As the political fight over raising taxes for high-income Americans fades away, so are predictions for negative economic fallout.

The bill for President Barack Obama’s 2013 tax increases comes due April 15, and the first boost in marginal income rates in 20 years is already reducing the U.S.

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Macroeconomic forecasting has had a turbulent history

Most early discussions argued against econometric forecasting in principle:

  • Forecasting was not properly grounded in statistical theory,
  • It presupposed that causation implies predictability, and
  • The forecasts themselves were invalidated by the reactions of economic agents to them.
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Global Financial Crisis (GFC)

Cruise lines back on the tube with new advertising efforts

By Tom Stieghorst

Cruise lines are returning to TV advertising for the first time since the Great Recession in 2008, giving agents hope that pent-up demand will be stimulated by the media blitz. 727 more words

Carnival Cruise

Skating Through Life

(In my daily pursuit to ignite the second-half of life, I came across this. It’s a 16-minute short film (link below) that’s turned heads at film festivals, and now I know why. 514 more words

McTrip Posts

US Labor Market in Crisis - Two Charts

he enormous number of people who work only part-time for economic reasons is one the tragedies of the unemployment crisis in this country. It didn’t even start with the financial crisis. 191 more words