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HomeKey Economic Driver: Disposable Personal Income
Posted by Larry Doyle on June 4th, 2013 10:02 AM |
There are a host of economic statistics that can be and are utilized to measure the health and forward path of our economy. From GDP to employment to housing starts to inflation, all of these stats can offer a gauge as to how steep our economic landscape is and will be.
What do I believe is now the single most important economic piece of data to forecast our economic future? Disposable personal income. Why so? (more…)
Income Distribution in America
Posted by Larry Doyle on March 13th, 2013 6:19 AM |
I would like to believe I am the ultimate free market capitalist. I embrace and respect those who take risk and embody the entrepreneurial spirit that is the engine of our nation.
I detest and abhor those who utilize their positions to further a spirit of crony capitalism in America. I would count many of our politicians from both sides of the aisle in this camp.
How do we advance the former group while exposing the latter? Well, that is a topic for another day.
Today let’s review a brief video (thank you to the readers who brought this to my attention) that some may like to use to advance a liberal agenda of income redistribution. I strongly believe that approach would be an enormous mistake, and merely serve to perpetuate and exacerbate our current problem with cronyism and government handouts/bailouts. Watch the video, and then I’ll make a few comments: (more…)
