Fairfax County Virginia has a 2016 ballot initiative to raise a prepared meals tax of 4%, used to fund public schools (70%) and County services, capital improvements and property tax relief (30%). Let’s hope it works better than the minimum wages initiatives on the ballots in several states. Minimum wages sound great … if you don’t […]
I was excited when I saw the Q3 GDP print at 2.9%, the highest real GDP print since Q3 2014.
I love visiting France. But I do not like their tepid, sub-2% Real GDP growth. But just in time for the elections, US GDP growth YoY rose to a very French-like 1.5%. But I am certain that mainstream media will obsess about the QoQ growth rate of 2.9%. If The Fed actually believes the 2.9% […]