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‘Tis the Season for PITFA

‘Tis the season when Congress is forced to get around to doing things members were supposed to do months ago. The season of expiring tax provisions, appropriations not yet appropriated, and yet another (yawn) false threat of a government shutdown. This is getting old. We’ll find out next year whether

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Don’t Bother with myRA

Last week, the Treasury Department rolled out the new myRA retirement accounts with almost no fanfare. And it’s easy to see why: The myRA is a retirement savings policy embarrassment. The myRA is touted as a safe, easy, affordable savings plan for workers. The website brags about how there are

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This Is Not Full Employment

You may be victimized today by those who are either economically ignorant or purposefully deceitful into thinking that good employment news was released today. In fact, you might even hear that the Federal Reserve has at last achieved one of its policy mandates of “full employment.” Now, it’s true that

Read More →

‘Tis the Season for PITFA

‘Tis the season when Congress is forced to get around to doing things members were supposed to do months ago. The season of expiring tax provisions, appropriations not yet appropriated, and yet another (yawn) false threat of a government shutdown. This is getting old. We’ll find out next year whether

Read More →

Don’t Bother with myRA

Last week, the Treasury Department rolled out the new myRA retirement accounts with almost no fanfare. And it’s easy to see why: The myRA is a retirement savings policy embarrassment. The myRA is touted as a safe, easy, affordable savings plan for workers. The website brags about how there are

Read More →

This Is Not Full Employment

You may be victimized today by those who are either economically ignorant or purposefully deceitful into thinking that good employment news was released today. In fact, you might even hear that the Federal Reserve has at last achieved one of its policy mandates of “full employment.” Now, it’s true that

Read More →