During the economic recovery the split between how individual and corporate taxes comprised total federal tax revenues changed, primarily as a result of the 2018 federal tax changes. Before we review what happened in the last decade during the economic recovery, a long-term view of what has changed. Chart 1 below shows the percentage composition […]
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Overview First, a quick long-term overview on trends in U.S. international trade. Chart 1 below shows U.S. net exports from 1980-2019. Net exports are defined as the exports of U.S. goods and services to other countries minus the imports of goods and services from other countries to the U.S. In other words, it shows the […]
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What happened with manufacturing during the economic recovery? Did manufacturing employment rebound during the recovery? Well, yes and no, it depends on how you look at the numbers. First, a long-term overview of what has happened to manufacturing employment in the United States. Chart 1 shows two lines. The blue line indicates the number of […]
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We’ve all been there: you’re tasked with making a decision, regardless of how trivial it is, and you have to choose quickly. Instantaneously considering opportunity costs and the way that this next decision will affect future decisions, a “yes” or “no” must be offered (obviously not all decisions are as linear as yes or no […]
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Wealth Distribution Relative to before the financial crisis of 2007-2009, wealth inequality increased during the economic recovery. The Federal Reserve tracks wealth distribution in the United States through their Distributional Financial Accounts (DFA) database. The Distributional Financial Accounts provide quarterly estimates of the distribution of U.S. household wealth, beginning with the third quarter of 1989. […]
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Before the onset of the coronavirus, the United States enjoyed its longest period of economic growth in history – beginning in 2010 and ending in 2020. During that period some things stayed the same, and some things didn’t. This blog series will take a look at what happened to some key economic factors over that […]
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As humans, we ask ourselves tough questions, oftentimes with the understanding that there are no right answers. These questions can take the form of encouraged self-reflection or possibly modified therapy. We ask these meaningful, powerful questions because we’re curious of course, but mainly because we want an answer. “Why did that horrible thing happen to […]
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A record number of 671 students had a GPA over 3.75–including 314 with a perfect 4.0–to earn dean’s list honors for the 2020 spring semester at the University of Wisconsin-Stevens Point College of Professional Studies. Congratulations to all! CPS Dean’s List by major (number of 4.0): Accounting: 37 (26)Business Administration: 81 (38)Clinical Lab Science: 29 […]
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According to the Securities and Exchange Commission (SEC): “Illegal insider trading refers generally to buying or selling a security, in breach of a fiduciary duty or other relationship of trust and confidence, on the basis of material, nonpublic information about the security. Insider trading violations may also include “tipping” such information, securities trading by the […]
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Ever wonder what it would be like to not be able to go to your favorite restaurant, or not be able to take a trip to your favorite location? Ever think about how dependent the U.S. economy is on delivery drivers, grocery store workers, and food distribution/warehouse workers? Maybe not, but perhaps the coronavirus changed […]
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