Verily I Say Unto Thee... archive
Category : Finances

Wealth And Income Inequality: What Are We Really Talking About?

Wealth inequality in Europe and the U.S., 1810-2010 (Source — .pdf, 1.2MB) The more I learn about wealth and income inequality, the more I realize I didn’t know — and still don’t know — and the more it’s obvious that many other people don’t know. Rampant confusion reigns. In my observation, most laypersons don’t understand[…]

Mean Vs. Median

Categories: Fact Check, Finances
Comments: No Comments
Published on: 2017.02.12

Not everyone deals with math every day, and that’s fine. Most people don’t need to know the following in their day-to-day lives. However, I write this entry so I can link to it from other entries that mention “mean”, “average”, or “median”. Most of us see these terms only in news stories about the economy:[…]

No To Minimum Wage, Because: Soldiers

An actual letter to the editor Click image to see larger Click here to see source This one isn’t actually a “meme”, per se, but it is being shared as one on social media, so I’ll have a go at it in this edition of Silly Meme Saturday. (Click the image at right to see[…]

I’m In The Top 1%?

Categories: Fact Check, Finances, Poverty
Comments: No Comments
Published on: 2014.09.30

Money (Copyright © 2006 by Wil C. Fry. Some rights reserved.)   On Facebook, my sister linked to a cartoon series that insinuated we U.S.ians are the “top 1%”, after quoting Jesus from Matthew 19:23-24 (rich folks and a camel through the eye of a needle). So I looked it up (the cartoon didn’t list[…]

Most Irritating Business Of 2013 (and 2014): Honda Financial Services (UPDATED)

Categories: Finances, Pet Peeve
Comments: 4 Comments
Published on: 2014.03.03

This entry was originally published Dec. 31, 2013, but has been updated several times since then. The updates are here at the top, marked as such. UPDATE, 2014.05.31: It seems that Twitter conversation fixed the problem. We received only one call from HFS after that, the next day I think, and then they stopped for[…]

Good For You, Oklahoma

Categories: Education, Finances, InTheNews
Comments: No Comments
Published on: 2014.02.25

In The News: Oklahoma Requires Students Learn Personal Finance To Graduate (PBS News Hour, Feb. 24, 2014) Though I don’t think I’ve ever blogged about it, I’ve long been a proponent of schools teaching practical life skills alongside (or even instead of) less useful courses. I know I’ve mentioned this to family and friends, and[…]

Book Review: Broke, USA (Rivlin, 2010)

Comments: No Comments
Published on: 2014.01.21

Full Title: Broke, USA: from pawnshops to Poverty, Inc.: how the working poor became big business Author: Gary Rivlin Year: 2010 Publisher: HarperCollins ISBN 978-0-06-173321-5 View it on Amazon View it on Google Books

Day 6 of the Government Shutdown: Struggling Already?

I’ll gripe about this shutdown till Congress fixes it, but let’s be honest: people shouldn’t be “struggling with bills” just yet, as some stories are already reporting.

Digging Up Detroit

Categories: Finances, Government, InTheNews
Comments: 7 Comments
Published on: 2013.07.28

Can you hear me now? I think I found Detroit.(Copyright © 2005 by Wil C. Fry.) Sometimes, when something dies, it’s best to bury it and never look at it again. Remember it fondly, but never inspect it too closely. Other times, as with Detroit, it seems to be popular to keep digging it up[…]

Minimum Wage Hike?

Categories: Economy, Finances, InTheNews
Comments: No Comments
Published on: 2013.02.14

In President Barack Obama’s State of the Union address Tuesday, he focused partly on generating “a rising, thriving middle class”. Oddly, in that part of his speech, he suggested raising the federal minimum wage to $9 per hour (a 24% increase from the current $7.25 per hour). In the News: Obama: Minimum Wage Increase Will[…]

My End Of The Fiscal Cliff

Categories: Finances, InTheNews, Politics
Comments: 4 Comments
Published on: 2012.12.28

I haven’t blogged about the so-called “fiscal cliff” that’s so speedily approaching, mainly because I don’t understand it. That’s not a proud proclamation, but an embarrassed admission; people shouldn’t brag about things they don’t know, though I see it happen all the time. I blame my lack of economic/tax knowledge on three things: (1) my[…]

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