The American Rescue Plan has been signed into law by President Biden. To obtain passage by both the House and Senate, the Act was modified from what was initially proposed by the Biden Administration. The modifications include lower income limits for stimulus eligibility and the elimination of any increase in the minimum wage. This blog […]
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Another topic that generally gets discussed a lot in economics (and politics) is corporate taxes. It’s also one of the more complex subjects, because it is not always easy to determine what a company actually pays in taxes. It can be done, but it’s not necessarily easy. The primary objective of this blog is to […]
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The minimum wage has been in the news recently, primarily due to the proposed phase-in of a $15 minimum wage as part of President Biden’s American Rescue Plan. The primary purpose of this blog is to shed some light on the history of the minimum wage, including the changes in the minimum wage since its […]
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A share of stock represents part ownership in a company. Theoretically, the price of the stock should reflect the underlying value of the company. In finance courses, that value is determined by calculating the present value of expected future cash flows from the company. Think of it this way, if you were actually going to […]
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President Joe Biden has unveiled his $1.9 trillion American Rescue Plan, which would be the third major economic stimulus plan in response to the detrimental impacts of COVID-19. In March 2020, the largest fiscal stimulus in the history of the U.S. was passed by Congress – the $2 trillion Coronavirus Aid, Relief, and Economic Security […]
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Over the last three decades, the United States enjoyed positive economic growth in 27 out of 30 years. How did economic growth affect wages? Did everyone benefit? Not really. In 2019 the Congressional Research Service (CRS) released an analysis of real wage trends over the period 1979–2018. The Congressional Research Service is part of the […]
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Now let’s look at Challenge #5 of the Divisiveness and the Economic Challenges of 2021 – U.S. Economic Leadership. Does it matter how the U.S. is perceived by other countries if it wants to be an economic leader? Well, it does. If the United States wants to be the global economic leader and be a […]
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It’s time to continue with our Divisiveness and the Economic Challenges of 2021 series with Challenge #4 – Healthcare. One positive thing to come out of the COVID-19 pandemic – the demonstration of the commitment, dedication and excellence of U.S. healthcare workers. The technological capabilities and advances in healthcare, combined with the dedication of healthcare […]
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Let’s continue with our Divisiveness and the Economic Challenges of 2021 series with Challenge #3 – Manufacturing and Trade. The overall objectives for U.S. manufacturing and trade that most politicians could probably agree on would include strengthening U.S. manufacturing and expanding U.S. exports. Exactly how to do that becomes the divisive issue. In the past […]
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Interesting (and Exciting) Times The UW-Stevens Point Center for Business and Economic Insight staff is very excited about this digital version of our fall report! Chief Analyst Kevin Bahr addresses the significant economic challenges America faces in 2021 during a time of extreme social and political divisiveness, focusing on the continued effects of COVID-19 and […]
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