What’s up with the Bond Market?

The bond market has been all over the news in the last two weeks. Bonds are signaling higher interest rates. Second, the bond market is highlighting the long term financial problems in the US economy at the federal level and our inability to solve them. The “bond market” is a collection of financial institutions that … Read more

Trump may be right on the goals of Tariffs, but wrong on the Economy

President Trump’s huge blunder on tariffs gives us an opportunity to discuss the larger economic issues involved. How do we create good paying jobs in the United States? Or even bigger, how do we offer opportunity to people? Last time we checked, Truck driving was the best job for Black people without a high school … Read more

What is a Tariff?

With all the news about tariffs, we want to set the stage with some basic information about tariffs A tariff is a fee imposed on imported goods or services by a government.  A tariffs can be a flat amount on each good or a percentage added to the total cost of an imported good. They … Read more