What is a Government Shutdown? The Constitution provides for Federal spending to be proposed by Congress AND agreed to by the President. When the parties fail to produce a funding bill, the Government may be forced to “partially” shut down. Failure to pass a budget has led to a shutdown about 20 times. Many of […]
Universal Basic Income Made Easy: Applied Markonomics101. One of the more controversial topics on various internet sites, and one threatening to go Full Mainstream, is a financial engineering plan commonly known as “Universal Basic Income” (UBI). While there are many hoped for “societal benefits” from the implementation of UBI, this analysis doesn’t consider them for […]