by Joe McAuliffe | Dec 23, 2010 | Cup O' Joe, Economic Considerations
PRELIMINARY CENSUS REPORT – HOUSING DESTINED TO REBOUND The 2010 Census Report has been released and the numbers are interesting. The population of the US grew from 281 million in 2000 to 308.1 million in 2010. While overall growth was 9.7% this is significantly below...
by Joe McAuliffe | Dec 21, 2010 | Cup O' Joe, Economic Considerations
Twin Troubles All year long we’ve been anxiously anticipating an economic turn-around. Yet, despite lots of good news, we can’t seem to rebound. Truth is, we won’t rebound until we see improvement in one or both of the 2 critical areas listed below: 1. Real Estate-...
by Joe McAuliffe | Dec 17, 2010 | Cup O' Joe, Economic Considerations
TAX CUTS EXTENDED Late last night, the US House of Representatives voted 248 -117 to approve the tax extension deal negotiated by President Obama with Republican leadership. The bill extends the Bush-era tax cuts for 2 years, until December 31, 2012, and is scheduled...
by Joe McAuliffe | Dec 16, 2010 | Cup O' Joe, Economic Considerations
THE GREAT RECESSION’S NEXT WAVE Alarmingly, money a growing number of older Americans are counting on to finance retirement won’t be there. According to the Pew Center for States, public pension and health insurance funds were under-funded by more than $1 TRILLION in...
by Joe McAuliffe | Dec 15, 2010 | Cup O' Joe, Economic Considerations
LIFE EXPECTANCY DRAMATICALLY INCREASES According to A. Barry Ran, CEO — AARP, life expectancy during the second half of the twentieth century grew by nearly thirty years. Consider the following chart: According to the U.S. Census Bureau, life expectancy since...
by Joe McAuliffe | Dec 14, 2010 | Cup O' Joe, Economic Considerations
Save our Future – Stop the Deficit Spending Recent election results confirmed voter concern with unprecedented deficit spending.  Consider the following: The US is presently $13.7 trillion in debt. The deficit will add another $1.3 trillion to the debt. In 2011, the...
