Recent Posts

The Fed’s effect on Black Americans

  The U.S. Federal Reserve appears to be paying more attention to how its policies affect black Americans. This is a wise move, because blacks stand to gain a lot more than others from the Fed’s efforts to support economic growth. The minutes of the Fed’s July policy-making meeting noted that officials had discussed unemployment rates and other measures of ...

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Need to de-escalate Moscow-Kiev tension

  An escalation of tension between Russia and Ukraine augurs bad for both. The two countries are going through throes of deplorable financial crisis and the diplomatic flareup will only worsen the already dismal situation. The hostilities have badly hit their economies and it is in the interest of both that the conflict is not allowed to intensify further. The ...

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Clinton, Trump wrong on corporate taxes

  Hillary Clinton thinks corporate taxes are too low. Donald Trump thinks corporate taxes are way too high. They’re both wrong, and the economic consequences could be huge if either nominee’s tax proposal becomes law. Trump would slash the rate to 15 percent and allow millions of partnerships and single-owner firms set up by hedge fund managers, lawyers and other ...

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