We’ve expounded before on the transformation of employment in the U.S. in our June 3, 2019 blog and today’s figures continue the trend in movement towards more lower-paid service-providing jobs and away from manufacturing/goods producing. Two observations we would like to comment on today. First, in the municipal market, “new… Continue Reading →
At the end of November, the Government Accountability Office (GAO) released a report entitled “EPA Should Take Additional Actions to Manage Risks from Climate Change”. They looked at flood, storm surge, wildfires and sea level rise and concluded that about… Continue Reading →
I continue to reference back to a Ted talk from 2014 by Nick Hanauer, who originally made his riches through a family pillow and bedding business, was an early investor in Amazon and now invests in new ventures. In “Beware… Continue Reading →
Public Pensions Consider this: you are saving for retirement and you have $100 in your pocket earning 7.25% interest. (We use that rate reported by the National Association of State Retirement Administrators, NASRA, as the current average, down from 8%.)… Continue Reading →
Explanatory theories about why things happen in the economy are hatched in historical context. Over time, conditions that supported a theory at one point in history may no longer work in another. Here, we look at fundamental changes (irreversible, in… Continue Reading →
As we approach the beginning of hurricane season tomorrow, congress failed for a third time to pass $19.1 billion disaster aid to help those affected by floods, hurricanes and wildfires. The bill includes aid for victims of hurricanes, flooding and… Continue Reading →
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