Relevant and even prescient commentary on news, politics and the economy.

U.S. Defense Spending in Historical and International Context

The U.S. economy has been growing faster than military spending, so defense spending as a share of GDP has been decreasing. While the $dollars spent are increasing, the percentage of GDP Defense Spending takes up has been decreasing since 1952. Perhaps a better question is do we really need to spend this much on Defense? […]

Politics and Spending Bills In Congress

MacRumors: Apple’s New Privacy-Focused Tracking Prompt Begins Appearing for iOS 14 Users As a privacy measure for their customers, Apple will be requiring developers of iPhone and iPad “apps” to request permission from users to track their activity across other apps and websites for personalized advertising purposes starting early next year. iOS 14.4 should be publicly released […]