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Archive for November, 2012

Slower Growth Ahead is a Virtual Certainty

Friday, November 30th, 2012, by

The election results prove one thing for certain.  The majority of voters are more concerned with their on going level of government benefits and entitlement transfer payments than they are with having the freedom to achieve success on their own initiative. And so, attention must be paid to the example of England.  I’m going to […]

The Cost of Living Increase: Using the New Math

Saturday, November 17th, 2012, by

Well, it’s official now.  According to our infallible government accountants, we now know that the cost of living increase for 2012 is exactly 1.7%.   Except when it is exactly 5.01%. Let me run that past you one more time.  Last month it was announced that Social Security beneficiaries would see their payment increased by 1.7% […]

The Election Is Over: Expect Stealth Taxation To Continue

Friday, November 9th, 2012, by

The presidential election is over and the votes are counted.  What can we expect going forward….especially regarding personal taxes? My bet is that we will see a basket full of stealth taxes enacted as a means of bringing in more revenue, without necessarily raising tax rates on the majority of tax payers.  You’d be amazed […]

The end of a long Trend: Life Expectancy Data

Friday, November 2nd, 2012, by

It’s no longer such a shock to think of diminishing financial expectations for the next generation.  The fact is, that adjusted for inflation, family incomes in the middle quintiles have barely moved the needle for the past ten to fifteen years. I don’t see anything sinister as to the cause.  It’s simply that businesses have […]