Notes on 2017 Tax Reform The Tax Cuts and Jobs Act of 2017 (TCJA) was a complicated piece of legislation that added a host of new tax provisions to an already overly-complex Internal Revenue Code. Because of the turbo-charged speed of its enactment, it did not...
The Return of Truthiness Coined by Stephen Colbert, Truthiness “is the belief or assertion that a particular statement is true based on the intuition or perceptions of some individual or individuals without regard to evidence, logic, intellectual examination or facts.” Examples of Truthiness abound in modern culture,...
The High-Tech Arms Race We humans have a primal fear of machines and their capacity to out-think and potentially replace us. We worry that with their superior computing ability, machines might develop self-awareness and, in a very human-like way, seek to become Earth’s dominant life form....
Managing The Economic Cycle (Part 2) Despite rumors to the contrary, Economic Cycles have not been repealed. As the current Economic Expansion ages, the Fed and the U.S. government will face increasingly difficult economic challenges. Expansions always have been followed by contractions. This time will not be...
Managing The Economic Cycle (Part 1) An Economic Cycle has four stages. Simply stated, there’s (1) an expansion that reaches (2) a peak and results in (3) a contraction that reaches (4) a trough. Then the cycle repeats. Sometimes an expansion is rapid and robust, reaching...