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The Economy

This category contains 73 posts

What Does $456 Billion Buy?

While there is some disagreement on the idea of troop deadlines for US soldiers in Iraq (and I’m not going to make any sort of political statement), all sides seem to be on board with the amount included in the bill to fund the war.
The total cost of the Iraq war will reach approximately $456 […]

U.S. Mint Decides to Give $1 Coins Another Chance

If you are one of those people who love to have change in their pocket, then this is your lucky day! The U.S. Mint has decided that Americans aren’t carrying around enough forms of money and have announced the new $1 coin. The $1 coins are being introduced as a result of the […]

What’s Minimum Wage Really Worth?

I’m sure that you’ve heard about the recent debate surrounding the House of Representatives who passed a bill last week authorizing an increase in the minimum wage for the first time since 1996. The bill, which was supported by 230 Representatives, raised the minimum wage from $5.15 per hour, the current rate, to $7.25 over […]

Calculating the Cost of New Legislation

As I’ve mentioned before here, I’m a big fan of politics and have thought about the possibility of pursuing some sort of political “career” later in life - but for now, politics is aggravating and creates nothing but stress for me. Why? Because I can’t seem to see how some of the latest bills being […]

$5 Will Get Makeover Afterall

If you’re a fan of the new monopoly-colored $10 and $20 bills then you’re going to love this! The Associated Press is reporting that the Bureau of Engraving and Printing is changing it’s mind and will redesign the $5. The change is in response to a growing new scam in which counterfeiters are […]