โข
Washington responded to two crises with extraordinary monetary and fiscal interventions. Why did COVID-era stimulus produce soaring inflation when the response to the 2008 financial crisis did not?
โข
Capping property taxes isn’t all upside, but California’s Proposition 13 shows how tax limits can protect property owners from sudden increases and provide greater predictability.
Brutus feared that unlimited borrowing power would eventually overwhelm political restraint. Congress has accumulated 40 trillion reasons to reconsider that warning.
โข
Consumers are still spending and businesses are still investing, but housing and hiring have faltered. Growth is uneven and increasingly dependent on a few capital-intensive sectors.
โข
The global trillionaire count returned to zero not long after SpaceX’s IPO. Market fluctuations show the danger of imposing cash tax bills on stock-price wealth.
โข
Delaying Social Security reform would spare politicians difficult choices today while leaving taxpayers with a much larger bill tomorrow.
โข
A tariff may look like a uniform tax. In practice, exemptions give politically connected firms an advantage.
Official inflation calculations exclude taxes and asset prices. Add them in, and three decades of modest paycheck gains become losses.
The Fedโs mortgage-market policy rewarded existing homeowners, but raised the price of entry for first-time and future buyers.
โข
The $1,000 seed can grow substantially, but seven-figure wealth requires decades of compounding, continued contributions, and strong market returns.
โข
Washington responded to two crises with extraordinary monetary and fiscal interventions. Why did COVID-era stimulus produce soaring inflation when the response to the 2008 financial crisis did not?
โข
Capping property taxes isn’t all upside, but California’s Proposition 13 shows how tax limits can protect property owners from sudden increases and provide greater predictability.
Brutus feared that unlimited borrowing power would eventually overwhelm political restraint. Congress has accumulated 40 trillion reasons to reconsider that warning.
โข
Consumers are still spending and businesses are still investing, but housing and hiring have faltered. Growth is uneven and increasingly dependent on a few capital-intensive sectors.
โข
The global trillionaire count returned to zero not long after SpaceX’s IPO. Market fluctuations show the danger of imposing cash tax bills on stock-price wealth.
โข
Delaying Social Security reform would spare politicians difficult choices today while leaving taxpayers with a much larger bill tomorrow.
โข
A tariff may look like a uniform tax. In practice, exemptions give politically connected firms an advantage.
Official inflation calculations exclude taxes and asset prices. Add them in, and three decades of modest paycheck gains become losses.
The Fedโs mortgage-market policy rewarded existing homeowners, but raised the price of entry for first-time and future buyers.
โข
The $1,000 seed can grow substantially, but seven-figure wealth requires decades of compounding, continued contributions, and strong market returns.
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