Media: “% Living Paycheck to Paycheck”
The % living "paycheck to paycheck" meme is back! It's also meaningless, wrong, and about the same % every year.
Economy: Los Angeles to demand $30/hour minimum wage in hotel industry
Economic illiteracy runs rampant in government.
Economy: Consumer confidence falls to early 2020 level
Consumer confidence level falls to 2020 Covid era depths.
Economy: Inflation, tariffs pricing people out of hobbies
Are hobbies important? Yes Hobby inflation is likely to register (and may already be registering) real social, political, and economic consequences—because not only are hobbies good for the well-being of…
Economy: Tariffs will not bring jobs back to the U.S.
Instead they will bring robots and automated factories - duh.
Demographics: Oregon’s low fertility rate, aging population leads to lower tax revenue
With a median age of 40, Oregon has one of the highest age demographics of any state, and has the 3rd lowest fertility rate in the nation (about 1.39).
Economy: Trump’s trade war
Trump's tariffs represent the largest tax hike in U.S. history, effectively establishing a minimum 10% sales tax on all imported items.
Tariffs: A great many products are not made in the U.S.
A great many products are not made in the U.S. and never will be; tariffs become a large tax on Americans.
Business: Unintended consequences of laws
Higher hourly wage law resulted in lower annual income for affected workers.