The phrase, “more bang for the buck,” is usually associated with the Vietnam War. It is associated with Defense Secretary Robert McNamara’s focus on statistics: military expenditures vs. enemy deaths. This was his infamous “body count.” In fact, the phrase…
Read MoreCategory: Economics
Economy Borders on Recession
U.S. economic growth braked more sharply than expected in the first quarter as harsh weather dampened consumer spending and energy companies struggling with low prices slashed spending, but there are signs activity is picking up. Gross domestic product expanded at…
Read MoreWhere Will All the New Carpetbaggers Live?
At least 1 million people are expected to move to the Nashville region over the next 20 years. Already, the early arrivals have begun to dramatically change the landscape of the suburban counties surrounding the city. Thousands of new homes…
Read MoreIs the Stock Market Bubble About to Burst?
We are now in the month of April—–so the Wall Street Keynesians are back on their spring “escape velocity” offensive. Normally they accept the government’s seasonal adjustments in stride, but since Q1 is again hugging the flat line or worse,…
Read MoreAre You Middle Class? Find Out Here
During debates and speeches, politicians often bring up the financial burden that’s placed on the middle class. We talk about the middle class as though they are this singular entity, who used to thrive until they underwent persecution by the…
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