Economic Intelligence

June 2013


Long-Term Budget Outlook Much Better, But Still Challenging

By |

What must lawmakers do to prevent deficits and debt from exploding over the next 25 years? The surprising answer is… nothing! If policymakers simply follow current law for taxes and spending, federal debt will likely edge down as a share of the economy in the middle of this decade and begin only a ...

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TAGS:
economy
Congressional Budget Office
deficit and national debt
debt
fiscal policy
federal budget

Why iTunes Works

By and |

Apple did not attain the largest market cap in the world by selling legal downloads for 99 cents each. Steve Jobs' genius lay in his ability to capture the dollars consumers enjoyed spending on feelings associated with music and creativity – dollars they no longer had to shell out for CDs.

A ...

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TAGS:
economy
Apple Inc.
music

Wall Street's Deceptive Retirement Account Fees Hurt Savers

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Marcus Stanley is policy director of Americans for Financial Reform, a coalition of more than 250 civil rights, consumer, labor, business, investor and other groups working for a strong, stable and ethical financial system.

Worried about your ability to set money aside for retirement? You should ...

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TAGS:
economy
Occupy Wall Street
Wall Street
retirement
IRAs
lobbying
financial advisors
financial regulation
SEC