U.S. Economy

U.S. Economy

The Disruption Report

"Disrupt yourself or be disrupted."


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Posted: February 22nd, 2017 | Permalink

Driverless Cars and the Future of America's Infrastructure

“Improving the country’s infrastructure will likely be high on the agenda of the incoming administration and Congress,” wrote Manhattan Institute’s Aaron Renn. “To accomplish this goal, federal spending should strongly favor repairing and maintaining existing roads, highways and bridges, not building new ones. That’s because as much as 20% of the nation’s major roads are in poor condition, and tens of thousands of the country’s bridges are structurally deficient. Fixing them will yield the best return for the taxpayer dollar.”


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Posted: February 20th, 2017 | Permalink

The Days of an Academic Economist Are Over


“The Fed of today is not going to be the Fed of tomorrow,” said Mark Grant, Hilltop Securities chief strategist. “I think that what the Fed says at this point for all practical purposes irrelevant because [President] Trump is going to be able to appoint three members to the Fed. I think they’re going to be business people and the days of an academic economist Fed are going to be over.”


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Posted: February 14th, 2017 | Permalink

Forgotten Main Street: America's Affordable New Frontier

Less than a decade ago, Water Valley, MS was a forgotten small town: there were 18 empty storefronts lining it’s four-block Main Street and plenty of decaying homes for sale. Located only twenty miles from the University of Mississippi and the pricey town of Oxford (also former home to William Faulkner), it was well-placed for revival. In 2002, Mickey Howley and his wife Annette Trefzer were early pioneers in the effort to rehabilitate the old 19th Century railroad town—turning their former drugstore into the Bozarts art gallery, but it took the formation of a community to create real change.


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Posted: February 13th, 2017 | Permalink

Financial Report for the U.S. Federal Government for FY2016


The government’s net operating cost increased $533.2 billion to $1.0 trillion in FY2016.
 


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Posted: February 8th, 2017 | Permalink

Inflation: The FOMC Chases Perception

"We particularly worry the the reflexive upward movement of Treasury yields following the November election may not be an accurate indicator of future inflation," wrote KBRA's Chris Whalen.


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Posted: February 1st, 2017 | Permalink