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Monday Morning Quarterback-5/16/2016

Posted by: Andrew Schmitt | Posted on: May 16th, 2016 | 0 Comments

The Rouen Group-Monday Morning Quarterback
May 9th, 2016

The Buzz:
A few fun and thought-provoking items to start your Monday Morning:
I’m Famous:
Well not actually. But, it was pretty cool to be quoted in the Boston Globe on an article about what the Taxi industry is doing to innovate and compete with ride-sharing companies like Uber. (read)

Some Good About Millennials?:
I guess it depends on how you read this but according to a new poll millennials are costing the U.S. economy more than $376 billion a year. Data from the Gallup poll showed that between 2008 and 2015, the economy lost about $949 million dollars per day each year because of a decline in spending by 18-to-34-year-olds. I am encouraged by the fact they might not be spending everything the earn. (read)

Your Office Called There Is A Problem:
Let’s face it you are obsessed with your phone. Ask yourself how many times a day do you look at your phone? If you are an average American the answer is 35. Over 50% of teens say they are “addicted” to their phones. How bad is it? Check out these 15 charts. Might make you want to set the phone down for a couple hours. Well, maybe tomorrow. (read)

Don’t Get Fooled Again
Much of the political debate about taxes often focuses on income tax, but often ignores the biggest burden for the middle class. Most middle-class families pay more in payroll taxes than they do in income tax.(read)

On The Trail:
Your Political News For The Day:

Island in the Snow:
The City of Minneapolis is set to impose the most aggressive sick and safe leave mandate in the country. The proposal would not only impact businesses located in the city, but any person that works at least 80 hours in the city in a given year. Yesterday the Star Tribune asked the city to pump the breaks on this proposal before they make Minneapolis as an island in the snow. (read)

The Best Channel For Political Ads:
The 2016 political ads have begun and will continue to grow as we march towards November. So where is the best place to spend your ad dollars? Good ol’ TV news is still king, but digital is rising. (read)

How The Other Fifth Lives:
Via RealClearMarkets: “This separation of the upper middle class by income, wealth, occupation and neighborhood has created a social distance between those of us who have been prospering in recent decades, and those who are feeling left behind, angry and resentful, and more likely to vote for To-Hell-With-Them-All populist politicians. As I told Charles Homans, also writing on class for the Times, “The upper middle class are surprised by the rise of Trump. The actual middle class is surprised we’re surprised.” (read)

The Numbers:
Here are some numbers that make the world easier to understand:

TV’s number 1 Dad, Homer Simpson turned 60 this week. Here are just a few words of wisdom from him to celebrate. (read)

INSANE: Cubs Starting Pitcher Jake Arrieta has more no-hitters (2) than losses (1) over his last 28 starts. The Cubs were no-hit in his only loss.

These 15 numbers show just how addicted Americans are to our cell phones. (read)

Our sports team may be lousy but MN can finally lay claim to a national crown. According to a recent study Minnesotans are the nation’s best drivers. Agree? (read)

The Dow Jones Industrial Average. A drop of nearly 30 points since last week.

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Thanks For Reading,

Noah Rouen
President, The Rouen Group


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