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For the week of May 23, 2016
COMMENTARY – by Michael J. Hicks, Ph.D.
Federal funding typically amounts to about 10 percent of the budget.
The United States has always engaged in tax and spending structure known as fiscal federalism. This is common throughout much of the democratic world. In theory it means two things. First, each government collects and distributes tax dollars based upon the functions that are appropriate at their level. Second, higher-level governments share some taxes with lower-level governments for special purposes.
Read the full text: We Must Take Federal Tax Dollars, then Elect a Better President
Last week's commentary: Economic Development Conference is a 'Must Attend' Event
View our latest work and related topics by visiting our projects and publications library.
Projects and Publications Library: http://projects.cberdata.org
DID YOU KNOW? – by Dagney Faulk, PhD
April 2016 data on privately–owned housing starts was recently released. The housing construction industry still is not back to prerecession levels, but starts for one-unit (single family) structures continue to increase steadily (see graph) coming in at 778,000 in April, a 4.3 percent year-over-year increase.
ECONOMIC INDICATORS – View all economic indicators (CBER Data Center).
May 26, 2016
May 27, 2016
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