This series is brought to you by TurboTax Federal Free Edition. Mike: So, Logan, I heard that after we left the bar last night, I went home to go to bed, and you went back to your neighborhood in Brooklyn and got more drinks?
Logan: Well, that is almost true. I went back to our friend Adam's neighborhood and got one more drink, and also some macaroni and cheese, yes. That happened.
Logan: I'm guessing that you're interested in this fact because you think there are other things I could have spent that $26 on! ($6 for the drink, $10 for the mac and cheese, and [...]
I don’t know why I’m never quoted in trend-pieces about What the Millennials Are Doing. I’m 23. I live in Brooklyn. I’m a perpetually underemployed graduate of a highly ranked East Coast university. I live with a female roommate who owns a lot of ramekins. And I decided to become a sperm donor to make ends meet In This Economy.
Manual labor jobs are on the decline, you know. Based on how winded I got trying to move a box of books into a new apartment a few months back, I probably couldn’t survive in a manual-labor-based economy, but like anybody with a steady flow of testosterone, I still like [...]
"We do not need to further incentivize entrepreneurs and investors to start companies–they already have plenty of incentives to do so… It is silly to think that "entrepreneurs and investors" create the jobs in our economy. Entrepreneurs and investors start and fund companies, which is important. But what actually creates self-sustaining jobs and a growing economy is customers who want and can pay for companies' products and services. Without these customers, there's no job creation." —Hee! Henry Blodget writing this morning on how bazillionaires aren't actually the engine of the economy is already attracting the hate-comments.
Before the hilarious Morgan Stanley report—which says that we're "hovering dangerously close to a recession" and then says that "policy errors" have to do with their vote of no confidence in the U.S. markets, by which they mean "make us and/or give us much more money" and/or "don't cut government spending"—came the Goldman Sachs report, which put forward the idea of the U.S. economy being a plane, a plane that can stall, just like a real plane, if GDP growth is below 2%. One of their top two concerns? "US fiscal tightening." (In the end, just FYI, they put the possibility of a "new" recession at 1 in [...]
"The number of dollar bills rolling off the great government presses here and in Fort Worth fell to a modern low last year. Production of $5 bills also dropped to the lowest level in 30 years. And for the first time in that period, the Treasury Department did not print any $10 bills. The meaning seems clear. The future is here. Cash is in decline."
It seems too obvious to even say, but what with the celebrations about Glenn Beck leaving Fox News… well, yes: "Essentially, he's leaping from venue to venue and using each to get richer, more famous, and more validated. Now he's a free agent with millions of dollars at his disposal and more than two million loyal fans." Hi, Sarah Palin quit her job as a governor because it restrained her and her income potential. Why wouldn't Glenn Beck do the same thing? (Besides, he's been gaming this out for ages.) You don't want to be the talent: you want to be the owner. And he doesn't need [...]