Monthly Archives: December 2013

New Year Brings Dwindling Hope for Many

We all like to step into the New Year with the hope “this year will be better.” Many are stepping into 2014 without that hope. A recent CNN poll shows 68% of Americans expect the economy to stay in “poor … Continue reading

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Smiles Are the True Stuff of Christmas

Merry Christmas to everyone – gas prices have dropped over a dollar since prices peaked last spring. Hopefully this will allow more of you to travel and be with loved ones over Christmas. Merry Christmas to investors – the stock … Continue reading

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State and Federal Budgets Ignore Trends

What do the federal budget compromise crafted by Rep. Paul Ryan and Sen. Patty Murray and the state budget plan crafted by the Joint Legislative Budget Committee have in common? Oklahoma Sen. Tom Coburn says it well: “We’re going to … Continue reading

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“Selfies” Symptom of Stagnation

Is the America of high-performance innovators, entrepreneurs, and problem-solvers stagnating into self-absorbed consumerism? Hmmm. Consider our culture. Having become dependent on cell phones, American lives revolve more and more around Twitter, Facebook, Pinterest and other self-absorbed social media. Now comes … Continue reading

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No Political Will to Fix PERS

Ask your favorite state or local officials if they have seen this statement: “A contribution rate of 16.29% of active members’ compensation for the 2014/2015 fiscal year would be needed in order to keep the anticipated accrued liability payment within … Continue reading

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Will FED’s Massive Bet Pay Off?

Is the economy-strangling Great Recession finally over? Or is this just the calm before the next economic storm? The Federal Reserve (FED) is hoping, no, betting it’s over. State legislators, PERS officials, university endowment managers and other public money managers … Continue reading

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Bryant: More Money, More Spending

State tax revenues are headed up next year. So, by gosh, let’s spend it! That’s the way Mississippi government works, whether controlled by Democrats or Republicans. Tax cuts, fee cuts, tuition cuts, and other cuts that would benefit individual taxpayers … Continue reading

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