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Inflation Highest in 17 Years

The Big Squeeze

The Consumer Price Index rose 4.1% in 2007, which was the biggest increase since a 6.1% jump in prices in 1990.

Average weekly earnings, after adjusting for inflation, dropped by 0.9% in 2007, the biggest setback since a 1.5% fall in 2005.

Economics are Boring

Let’s face it, Economics are boring.  They […]

Rough Start to a New Year

Well, it was a rough start to 2008.

The new year was ushered in with a big drop in the Dow and a rise in oil prices up near $100 per barrel.  Although the first day shouldn’t be taken as a harbinger for the entire year, it wasn’t a welcome nor a pleasant way to start off a new year.

The […]