Miscellaneous

Democrats and Rural America

Update 355:  Democrats and Rural America as Trump Gives Farmers Crumbs, not Cake Last week, the Trump administration announced a $16 billion aid package for farmers in an effort to bail out those affected by the continuing trade war with China.  But the bailout sop may not be wooing rural Americans. Per Bill Gordon, vice-president …

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Nest Eggs Bills on the Hill

Update 354:  Nest Eggs Bills on the HillIs it Goose Eggs or Law after Floor Vote? A big-ticket bipartisan bill is blasting through Congress?  Really? Or is this “Infrastructure Week” again? No, this is serious stuff and it’s about retirement.  We look at the two leading proposals to address the dire underpreparedness of Americans for …

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2020 Candidates on Education Finance Policy

Update 351 — Class of 2020 Pres. Candidates:Making the Grade on Education Finance Policy Over the course of the last decade, a consensus has emerged among progressive policy makers that something serious must be done to address the costs of higher education, tuition and debt.  2020 candidates are weighing in, setting priorities and offering proposals. …

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Will You be Able to Retire?

Update 344 — Will You be Able to Retire?Boomer vs. Millennial Takes on Senior Security The average age of baby boomers is 65 today. 10,000 boomers retire every day and thousands more reach the antediluvian retirement age of 65.  Those who haven’t retired are generally unprepared for it financially. Among millennials and younger Americans, the …

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Middle Class Cash & Credit Crunch (March 22)

Update 340: Middle Class Cash & Credit CrunchCase Studies, Problems and Policy Solutions The long-awaited, much discussed, often feared inversion of the yield curve — where long-term yields fall below short-term ones — occurred at about 1 pm ET this afternoon.  As we have discussed, this is a widely recognized harbinger of recession, news that …

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House Fin. Services Drilldown (February 11)

Update 330 — House Fin. Services Drilldown: Subcommittee Chairs, Members, Agendas Chairwoman Maxine Waters and the House leadership have announced assignments for House Financial Services Subcommittee seats in the 116th Congress.  No less than a dozen freshmen, including Alexandria Ocasio-Cortez of New York and Katie Porter of California, have landed spots on prominent subcommittees, such as …

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Household Debt Through the Roof (January 25)

Update 326 — Household Debt Through the Roofas Students, Homeowners, Consumers ReleverageThe growing national appetite for debt is not limited to the federal government or to corporate America, as covered in the previous Update.  Households, too, have rediscovered the virtues of debt and they are turning increasingly to nonbank sources of financing. Are we turning …

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