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The conundrum: Unemployment and student loans

July 25, 2013

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Nancy Anderson, MBJ contributing columnist

Over the last few years, I watched the unemployment rate climb to double digits then fall back into the 7+ range. It’s been a long, slow slog to recovery. As I dug through the data on unemployment during this time, some obvious points hit me. First, the duration of unemployment has been longer than during […]

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Mississippi’s legislature should be more like New Hampshire’s

July 11, 2013

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Nancy Anderson, MBJ contributing columnist

Mississippi’s State Legislature finally wrapped up the year’s business. Whoop-te-do! It only took a regular session plus a specially called session. And what did they accomplish? Next to nothing. Unemployment is still high. Our education system is still lagging. We’re at the bottom of every economic list, but, by golly, we can go to the […]

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How to sort out the good and the bad in our ‘American Dream’

April 25, 2013

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Nancy Anderson, MBJ contributing columnist

Saturday morning. Not a cloud in the sky. It had been a cool start to the morning. We pull our chairs into the sunshine. A sigh of relief. This was a scary and tragic week from terrorism to mushroom clouds to the insanity of an Elvis impersonator. And we thought we were completely safe in […]

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Being the winner of the food stamp lottery a losing proposition

April 3, 2013

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In 1975, about 8 percent of the U.S. population was on food stamps. Currently, that number is 15 percent. Much of the growth in usage can be attributed to the recent recession. In fact, since 2008, the food stamp program has ballooned 70 percent. No surprise there. The bigger surprise is the “stickiness” of these […]

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Best fiscal choice for state tax commission is to be in Jackson

February 14, 2013

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Nancy Anderson, MBJ contributing columnist

I really want the State Tax Commission to stay in Clinton. Really I do. As a Clintonian, I understand the value added by having this large group of people in town every day. They add measurably to the town’s economy, but it’s also a sign of status to have this government agency within our borders. […]

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Public service not necessarily a service to the public

January 24, 2013

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Nancy Anderson, MBJ contributing columnist

In the financial business, I act as a fiduciary. That means I am required to always put the interests of my clients first. In doing so, I put my own concerns and interests at the back of the line. Politicians are public servants. I thought part of the job description was to be a type […]

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UPDATED: Lt. Gov. Tate Reeves living in glass house on issues

January 2, 2013

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Nancy Anderson, MBJ contributing columnist

So the State legislature finally decided to pony up additional money to fund PERS appropriately. Their portion will increase from 14.26 percent to 15.75 percent. Of course, had they been funding it all along as outlined by the actuaries, this big jump would not be necessary. And how will the State of Mississippi come up […]

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Choose to be aware of your options in 2011

December 29, 2011

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Sometimes we choose by not choosing. Behavioral economists have long recognized our tendency to avoid making decisions. The more difficult the decision, the more we avoid the question all together. Thaler and Sunstein wrote a book called “Nudge.” In it, they cite all kinds of instances of this tendency to avoid choosing. Of course, the […]

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Deadbeat old people are really dragging the U.S. into the pits

December 21, 2011

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I love reading letters to the editor from all over the country. A recent local letter was titled “Entitlements making America collapse.” The author said “entitlements is a dirty word,” and reported that 50 percent of Americans are receiving some form of entitlement. He was convinced these were all a bunch of deadbeats. In 1950, […]

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Keeping an eye on our public servants — The integrity of our financial markets depends on disclosure and fairness

November 22, 2011

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As a Chartered Financial Analyst, I am bound by the CFA Code of Ethics. As a registered financial advisor, I operate under federal law that recognizes me as a fiduciary. Both sets of rules require me to behave better than my local congressman. The integrity of our financial markets depends on disclosure and fairness. All […]

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