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Soc Sec XII: LMS, Solvency and ‘Crisis’

…which are essentially government run IRAs that are considered to be outside the Trust Fund itself. If we take the totality of LMS what are the tax and benefit implications?…

Credit is scarce but not capital

…— according to Bloomberg data. This gives them capital they need to offset losses from subprime mortgages that now total $343 billion. Investors obviously don’t see this as throwing good…

How Much Slack is Left?

…and gas extraction, industrial chemicals manufacturing, and petroleum refining. Overall, the rate of change in total industrial production in August was reduced by an estimated 0.3 percentage point because of…

Bowyer’s Profits Per Job Measure: Do Two Wrongs Make

…profits by restricting yourself to corporate profits. Either (a) divide corporate profits by corporate employment, or (b) divide total profits by private employment. Corporate profits divided by a measures of…

March Employment Report

…generated half that number of new jobs in March. THE EMPLOYMENT SITUATION: MARCH 2005 Total nonfarm payroll employment increased by 110,000 in March, and the unemployment rate declined to 5.2…

National Review Defends Bush Deficits Again

…1990s…A better measure is the federal government’s debt ratio, calculated as the total federal publicly held debt as a percentage of America’s annual income (the gross domestic product). The current…