Posts Tagged ‘federal budget’

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    Baseball Salaries and Taxes

    Apr 14, 11 • 143 Views • Businesses, Demand, Supply, and Markets, Economic Debates, Government, Households, LaborNo Comments

    There is a connection between baseball and President Obama’s budget proposals. Let’s start with USA Today’s baseball salary database. For 2011, at $32 million, NY Yankees’ 3rd baseman Alex Rodriguez earns the most; #2 is LA

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    Your Budget Proposal

    Apr 12, 11 • 138 Views • Government, InnovationNo Comments

    Several months ago, the NY Times published an interactive budget exercise. The goal was for each of us to decide how we would deal with a skyrocketing deficit. Now, with President Obama scheduled to present a major speech on his budget proposals, you might

  • The Congress and the Deficit

    Budget Issues

    Apr 7, 11 • 178 Views • Economic Debates, Economic History, Government, Macroeconomic MeasurementNo Comments

    There are so many budget issues. How to remember them? You might think of 3 and 8. 3 decisions: 1) The shutdown: There might be a partial government shutdown on Friday, April 8, because Congress cannot agree on the 2011 budget. So far, where necessary,

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    A Budget Question

    Mar 14, 11 • 171 Views • Economic Debates, Government, International Trade and Finance, Thinking EconomicallyNo Comments

    Thought to have saved many lives, a Japanese early warning system sent a media alert seconds before the earthquake struck.  The system took 12 years to implement and cost close to $500 million. A similar warning system for the U.S. west coast is being

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    Part 1: The Basics of a Shutdown

    Feb 28, 11 • 193 Views • Economic Debates, Government, RegulationNo Comments

    Our story begins on October 1, 2010. With a fiscal year that starts on October 1 and ends on September 30, the first day in October is crucial. Because the President and the Congress had not yet agreed on the 2011 budget, in some way, they had to approve