Category Archives: Government Policy

Another Bummer Summer for Job-Seeking Teens

Labor Day marks the unofficial end of summer, and for many teens and young adults, it also means the conclusion of the worst summer for finding seasonal employment in decades. Our affiliate, the Employment Policies Institute (EPI), has released an analysis of new Census Bureau data showing unemployment among people ages 16 to 19 at or [...]

The Economics of Health-Insurance Premiums

The New York Times yesterday published a review of the Kaiser Family Foundation’s analysis of health-insurance premiums across the nation on its Prescriptions blog, which covers health-care issues. However, there is an economic fallacy lurking in its analysis worth pointing out. The blog says: If you live in Massachusetts or Vermont, the average monthly premium [...]

2011 Is the Summer of Discontent for Teen Unemployment

Last weekend, D.C. Mayor Vincent Gray granted an audience to high-school and college students in the Nation’s Capital to discuss the high teen-unemployment rate. At the beginning of the summer, the Bureau of Labor Statistics reported that teen unemployment had skyrocketed, with half the states showing unemployment rates above 25 percent. Even more depressing, the jobless rate [...]

Three Things You Need to Know About…the National Debt

Welcome to the third installment of our new series! We’ve rounded up experts in the fields of economics and personal finance to answer common questions young people have about their money. For this column, we’ve asked an expert on the budget for his insight on the country’s $14 trillion national debt. Got a question you’d [...]

Three Things You Need to Know About…The Price at the Pump

Welcome to the second installment of our new series! We’ve rounded up experts in the fields of economics and personal finance to answer common questions young people have about their money. For our second column, we’ve asked an economics expert for his insight on the high prices we’re paying at the gas pump. Got a [...]

The Economic Problem of Capping Prices

The New York Times had an article Thursday about the Obama administration’s proposal to cap health-insurance rate increases at 10 percent to begin in September. On its face, this may sound like a great plan: Who wouldn’t want to put a cap on prices to keep consumers from paying more? But the trouble with capping [...]

It’s Not What You Earn, It’s What You Keep

If you caught our new billboard in New York this week or are just new to Econ4U, we have some great resources to help you make a budget — whether it’s your first or your twenty-first. Here’s a crash course in parsing your paycheck and making the most of what you earn: It won’t take [...]

New Law Raises Consumer Costs for Over-the-Counter Drugs

We’ve written before about unintended consequences and banking restrictions or consumer credit. But there are plenty of other places where they show up. What if the new health-care law — meant by lawmakers to reduce medical costs for Americans — actually increased them for the average family’s household budget? An article in the Wall Street Journal [...]

What Is Quantitative Easing and What Does It Mean for You?

[youtube]http://www.youtube.com/watch?v=PTUY16CkS-k[/youtube] You may have heard the words “quantitative easing” or “QE II” thrown around on the news (and even here at Econ4U). But if you don’t fully understand the economic ramifications of this concept — involving the Federal Reserve’s plans to print an additional $600 billion to buy government bonds back from banks and other [...]

The Economics of Election Day

Have you voted today? If not, the following three facts about how Election Day may have an impact on the economy (and on your finances in particular) could be the nudge you need to get to the polls before they close in a few hours. Stocks and commodities have steadily rallied for the past two [...]