◀ The Principal Blog

November Jobs Report – Nothing New in November



The Department of Labor reported on Friday that 178,000 jobs were added in November, roughly what the 2016 average has been. The unemployment rate ticked down to 4.6%, which is the lowest since 2007, however the labor-force participation rate and wage growth were both down. Here are my thoughts on…

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Medical Care Inflation Fact and Fiction



Healthcare costs are a key issue for Americans. Mylan’s CEO Heather Bresch recently faced some tough questions from Congress over the increase in price of the Epipen — a drug used to treat severe allergic reactions — from the reasonable $100 in 2007 to the absurd $600 plus today. Former drug…

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