Good for the economy or not? Arizona, Colorado, Florida, Missouri, Montana, Ohio, Oregon, Rhode Island, Vermont and Washington all bumped up their minimum wages.  In all of the states except one, Rhode Island, the pay hikes are part of automatic adjustments designed to keep up with the cost of living. While on the surface, especially […]

…who needs college anyway? In a New York Times, Economix article Catherine Rampell explains how Americans have been getting better at paying off their debt in the last year, with a glaring exception: student loans. The article continues to show that consumer debt fell again in the third quarter and seems that this figure has […]

If We Jump Off the Cliff There Will be Some Penalties With automatic budget cuts and tax increases set to begin in January, many economists say if we slide over this fiscal cliff, it could send us back into a recession.  I’m not so sure we have come out of the last one.  Anyway, don’t […]