Economic Policy
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After the first time trying to prepare and file personal taxes, most Americans learn the same lesson: The American tax system is complex and difficult to understand. Many people also feel that corporations, wealthy individuals and families, and special interest groups have unfair access to loopholes and exemptions that help them avoid paying their "fair share." One system that has gained a
Most economists talk about where the economy is headed - it's what they do. But in case you haven't noticed, many of their predictions are wrong. For example, Ben Bernanke (head of the Federal Reserve) made a prediction in 2007 that the United States was not headed into a recession. He further claimed that the stock and housing markets would be as strong as ever. As we know now, he was
Recent Articles in Economic Policy
What Is the JOBS Act (Jumpstart Our Business Startups)April 30, 2012
H.R. 3606, Jumpstart Our Business Startups Act (JOBS) was passed by the House and Senate on March 27, 2012 and signed into law by President Obama on April 5, 2012. While most
How the U.S. Can Eliminate Dependence on Foreign Oil by 2020April 30, 2012
United States presidents since Richard Nixon have sought the development and implementation of a comprehensive energy policy without success. As a consequence, the country became
What Is the Fair Tax Act Explained – Pros and ConsDecember 6, 2011
After the first time trying to prepare and file personal taxes, most Americans learn the same lesson: The American tax system is complex and difficult to understand. Many people
What Is FINRA – History and Rules for Arbitration & MediationOctober 19, 2011
Millions of securities transactions of all types and sizes take place every day in the United States. You may invest in mutual funds through your 401k at work, or engage in
U.S. Securities and Exchange Commission (SEC) History & Fraud CasesOctober 19, 2011
The Securities and Exchange Commission (SEC) is a regulatory agency that oversees a major segment of the economy along with the IRS, the Consumer Protection Bureau, and the
List of 16 Major Leading & Lagging Economic IndicatorsSeptember 6, 2011
Most economists talk about where the economy is headed - it's what they do. But in case you haven't noticed, many of their predictions are wrong. For example, Ben Bernanke (head of
Will the U.S. Raise the Debt Ceiling, or Default? – Adam Shapiro InterviewJuly 29, 2011
We had the unique opportunity to interview FOX Business Network reporter Adam Shapiro about the ongoing U.S. debt crisis and the intense debate surrounding the possibility of
What Is Section 8? – Low Income Housing AssistanceJune 22, 2011
For some families, finding decent, safe, and affordable housing presents a challenge. Since most areas of the United States do not have rent control laws, affording private rentals
What Is Quantitative Easing Explained – Definition, Risks & Effects on the EconomyJune 16, 2011
When an economy is in danger of slipping into a recession or depression, governments can employ a strategy known as quantitative easing (QE). Quantitative easing is a monetary
What Is the REAL National U.S. Unemployment Rate – Why the Numbers Can Be MisleadingJune 1, 2011
The unemployment rate is a variable that economists routinely use to measure the health of the economy. However, some people think the federal unemployment rate doesn't
