Tuesday, October 22, 2013

The Price of the "slight" Tax Increase

In typical popular rhetoric, we were told that a "slight" increase in taxes on those that "could afford it" was the right thing to do. The market continues to question why the Federal Reserve keeps pumping money into the system (QE 1, 2, 3...). The reason is they had to. The following graph show the impact on nominal GDP of the Obama tax increases. Note that the increases were only half of what he originally sought. GDP gas continued its upward trend, but only thanks to the enormous economic stimulus being provided by the Fed.


Thursday, October 17, 2013

Soccer time

Katie's soccer team finished the season against Waconia. They lost two of their best players this Fall to another team, so scoring was a struggle. Here is a couple clips of her.


Dance time

Prior to heading out to competitions in the Winter, the Dance Team practices by performing at halftime of the football games. Katie is one of three eight graders on the team. Those three are unfortunately relegated to the back row. As such it's tough to find/see her sometimes.   But she's there.   See: