Stocks were plummeting. Banks collapsed. By mid-October, the New York Stock Exchange had lost half its value from the previous year. The few remaining healthy companies bought out those that failed, and even the most fervent antitrust crusaders fell by the wayside. The economy was already in recession, with industrial production reduced by almost one-third. […]
The Yankees are coming! The Yankees are coming! Which regions are seeing the most U.S. domestic migration? Many of us might assume it’s the Northeast, where there’s essentially a megalopolis stretching from Boston to Washington. But no. Maybe the West, considering California’s outsized population? Not that either. The South, with 38.3% of the nation is, […]
Notoriously the word inflation is known for creating chaotic discourse and crazy predictions of massive economic catastrophes. Inflation is crazy! Some of it is true—prices for a lot of goods are in fact spiking, and this can certainly have negative effects on the overall economy. Also true is the fact the government “created” $11.8 trillion […]
Imagine being a teacher who receives an email that appears to be from the school principal requesting the signature of a time-sensitive document. Acknowledging the urgency of the email, you immediately open the attachment and inadvertently download malicious software to your school computer. With one click you have initiated a chain of events that leads […]
Hard to believe, but it’s been almost 40 years since a major antitrust action succeeded in U.S. courts. American Telephone & Telegraph had been considered a “natural” monopoly. A straight line could be drawn from inventor Alexander Graham Bell’s American Bell Telephone Co. of the 1880s to the behemoth AT&T had become by the mid-20th […]
The federal government spent $4.8 trillion in 2019. That’s $150,880 per second, but it gets worse. In the plague year of 2020, it spent $6.8 trillion, which comes to … oh, who cares? It’s a lot and it’s bound to be even higher this year, especially with at least another round or two of pandemic […]
Believe it or not, there has been an upside to 2020. Less than willingly, we were given the opportunity to re-assess what matters most. What we did with our sudden windfall of spare time has revealed much of who we are as individuals – and as a society. A return to nesting After the initial […]
Dear Crewmember, You’re likely well aware that Delta recently announced the Voluntary Early Out Program (VEOP), but you may be struggling to determine if participating in the VEOP is the right decision for you and your family. The VEOP may be an attractive offer for pilots considering an early-out, but there are many factors and […]
The ongoing COVID-19 pandemic has upended world economies and sent many industries deep into the red. In light of this, the United States government has enacted a plan to stimulate the economy and offset the financial strain many Americans are feeling as the outbreak continues. Read on for a summary of the CARES Act and […]
Let’s discuss how we pay for health care and differentiate the types of medical savings accounts (MSAs) offered today. Perhaps you’ll spot the one that’s right for you. Then again, maybe you don’t need one at all. Active ingredients There are differences between a medical savings account and a health savings account. That is, all […]
