Buds Blog

The Agriculture Dept Says Raising A Child Will Cost $250,000 Until They Are 18 Years Of Age

Sat, 23 Aug 2014 04:26:21 +0000

WASHINGTON (AP), August 18, 2014: –” A child born in 2013 will cost a middle-income American family an average of $245,340 until he or she becomes an adult with additional monies required for funding college or graduate studies”, according to a report out Monday from the Associated Press. Those costs — food, housing, childcare, health [...]

Redistribution Of Wealth

Tue, 11 Mar 2014 20:34:57 +0000

March 10, 2014: Recent economic statistics have shown that there is a widening division between wealth enjoyed by people of the middle class and the upper class here in America. Some say that this is the result of unfair tax burden upon the middle class and the increasing relative expenses for standard needs of every [...]

Free Market Economics Going, Going, Gone

Tue, 07 Jan 2014 07:01:09 +0000

January 6, 2014: When I was a sophomore in college almost 60 years ago, the professor in my economics 1A class kept telling us about how markets will always clear at a price where the lines measuring demand and supply as reflected on a scaled XY graph cross. It is this point between buyer and [...]

Leveraging Prosperity

Fri, 18 Oct 2013 18:23:23 +0000

October 17,2013: I have a good friend who is a retired University Professor from a major Mid-Western University. During an exchange of views on the recent “debate” that was going on in Washington as to whether or not Government entitlement expenditures were rising so fast as to threaten or not threaten the viability of the [...]

July 4th, 1776, A Day To Remember

Wed, 03 Jul 2013 23:58:38 +0000

July 3, 2013: “Historically ignorant”! That is what David McCullough called our younger generation in a recent television broadcast on “60 Minutes”. He referred to a time after a speech he made at a University in the Mid West when he was having a conversation with a senior student who said: “Thank you for your [...]

JUST WHAT THE HECK IS GOING ON IN THE MARKETS?

Mon, 20 May 2013 05:44:04 +0000

After the close of trading on Friday May 17th, with the market indexes reaching new highs, I couldn’ help but ask myself the question, What the heck is going on? Buyers seem uninhibited to pour money into stocks. In the meantime, U.S. Treasuries are selling at prices that offer the lowest yields I have ever [...]

Great Issues Of The Day

Thu, 25 Apr 2013 06:33:37 +0000

April 15,2013: I am one of those who suffer from waking up early in the morning and have difficulty getting back to sleep. So rather than sit there looking at the ceiling, I turn on the TV, and since I live in Reno, Nevada, I am able to tune in on New York City Morning [...]

Minimum Wage Vs Econ 101

Thu, 14 Mar 2013 19:50:42 +0000

March 4, 2013: Robert Barone is a frequent writer in the Gannett chain of newspapers. He has a Ph.D. in economics from Georgetown University. He wrote an article the other day about the Minimum Wage laws which should be read by those who are concerned about why there are so many people unemployed in today’s [...]