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Category Archives: Economy

Dow Jones – 100 Year Historical Chart

Macrotrends: “Interactive chart of the Dow Jones Industrial Average stock market index for the last 100 years. Historical data is inflation-adjusted using the headline CPI and each data point represents the month-end closing value. The current month is updated on an hourly basis with today’s latest value. The current price of the Dow Jones Industrial… Continue Reading

FCW – White House looks to cut workforce, civilian-side funding

Federal computer Week: “…In its proposal, the White House terms the current civil service system “a relic of an earlier era,” and calls the laws and regulations surrounding hiring, pay, performance management and retirement “complex and outdated.” One of the proposed reforms to the civil service includes a pay freeze for civilian employees in 2019;… Continue Reading

President’s Budget FY19 and associated documents

Addendum to the President’s FY19 Budget to Account for the Bipartisan Budget Act of 2018 An American Budget – President’s Budget FY 2019 Major Savings and Reforms Mid-Session Review FY 2018 Analytical Perspectives Appendix Historical Tables Supplemental Materials Fact Sheets Supplementals, Amendments, and Releases Past President’s Budgets See also Politico – “The White House released… Continue Reading

Dead zone conditions expanding rapidly throughout shallow coastal seas and lakes

Quartz: “On January 5, 2018, a paper published in the journal Science delivered a sobering message: The oxygenation of open oceans and coastal seas has been steadily declining during the past half century. The volume of ocean with no oxygen at all has quadrupled, and the volume where oxygen levels are falling dangerously low has… Continue Reading

2018 Edelman TRUST BAROMETER

The 2018 Edelman TRUST BAROMETER reveals a world of seemingly stagnant distrust. People’s trust in business, government, NGOs and media remained largely unchanged from 2017 — 20 of 28 markets surveyed now lie in distruster territory, up one from last year. Yet dramatic shifts are taking place at the market level and within the institution… Continue Reading

NYT – When You’re a ‘Digital Nomad,’ the World Is Your Office

When You’re a ‘Digital Nomad,’ the World Is Your Office – NY Times Magazine: “A global network of live-work spaces is springing up to serve this new breed of millennial wanderer.” “At the time of the inn’s construction, the surrounding area was known as Riverside; like the rest of the city, it became a hotbed… Continue Reading

Economist – Democracy Index 2016 – US downgraded to “flawed democracy”

The Economist Intelligence Unit: “According to the 2016 Democracy Index almost one-half of the world’s countries can be considered to be democracies of some sort, but the number of “full democracies” has declined from 20 in 2015 to 19 in 2016. The US has been downgraded from a “full democracy” to a “flawed democracy” because… Continue Reading

OPM Report – Understaffing, lack of training at agencies hampering agency services to public

Washington Post – “Shortages of employees — a common feature of troubled government programs — are hampering a range of services to the public and stressing the federal workforce, the government’s central personnel agency said Wednesday. The report comes just ahead of a White House budget proposal that is expected to include plans for carrying out… Continue Reading

Federal Employees’ Retirement System: Summary of Recent Trends

CRS Report – Federal Employees’ Retirement System: Summary of Recent Trends. January 23, 2004 – February 2, 2018 This report describes recent trends in the characteristics of annuitants and current employees covered by the Civil Service Retirement System (CSRS) and the Federal Employees’ Retirement System (FERS) as well as the financial status of the Civil… Continue Reading

CRS – What Causes a Recession?

What Causes a Recession? February 2, 2018 IN10853 “At 104 months, the current economic expansion is already the third longest on record, and it will equal the second longest if it persists until April. This expansion, like all previous ones, will eventually end and be followed by a recession. Few economists are forecasting a recession… Continue Reading

Mayors & CEOs for U.S. Housing Investment

Curbed: “Why isn’t homelessness seen as a national crisis? Cities call on the federal government to confront the growing numbers of homeless residents…The group, called Mayors & CEOs for U.S. Housing Investment, intends to work with HUD to make sure cities don’t lose federal dollars, and come up with new and innovative ways to fund… Continue Reading

Federal Debt and the Statutory Limit, January 2018

Federal Debt and the Statutory Limit, January 2018 “After incorporating the anticipated effects of recent tax legislation and actual spending and revenue amounts in December into its calculations, CBO now projects that the Treasury’s ability to borrow additional funds using extraordinary measures will be exhausted—and it will most likely run out of cash—in the first… Continue Reading