Just pulling together a couple of different source reports which briefly and pretty much say similar. We are still not sure which way the economy is going. In reality, the outcome is more likely than not is in the hands of Trump and his knee-jerk reactions. We are at a pivotal point. Surveys of Consumers, […]
Not, likely although there were still recovery issues. This article is ~4 months old. It does not claim the problem of a bad economy when Tr_mp left office in 2020. It also does not state Biden left a bad economy for Tr_mp either. People seem to forget what took place 4 years ago. Donald Trump […]
US consumers keep economy on solid ground ahead of election – By Lucia Mutikani Reuters WASHINGTON, Oct 30 (Reuters) – The U.S. economy grew solidly in the third quarter. Consumer spending increasing at its fastest pace in 1-1/2 years and inflation slowing sharply, continuing to defy forecasts of a recession, and outperforming its global peers ahead […]
Prof. Heather giving a news report on the economy and what people are believing based on their politics. The economy has weathered a pandemic, inflation, supply chain events, a war in eastern Europe, dysfunctional Republicans, politics, trump, and it keeps on ticking. I expected more of a 2008 scenario with Congress and the Fed ravishing […]
Before this last recession, readers of a long time here might recall that I used my flower shop as a barometer for the economy. I noted that things were not doing well as our sales had started to decline in August of 2006. The smart boys and girls called it December 2008 as starting December […]
By Jeff McCord ANTHONY LEWIS, ADULTERATED MILK AND A TAINTED ECONOMYMarch 28, 2013 In the early days of his brilliant career as legal journalist and commentator, Anthony Lewis, who passed at age 85 on March 25, referred to a vision of the Supreme Court that served as his touchstone: “[W]hen the channels of opinion and […]
I’m sure you are all feeling kind of blah. You have this final exam for this session and I can tell by your performances on the quizzes that you are still confused. The problem solving portions of the quizzes have been very telling. So lets review. You’re taxes are not too high. It’s your […]
by Mike Kimel The Effect of Individual Income Tax Rates on the Economy, Part 1: 1901 – 1928 In 1913, the 16th Amendment to the Constitution led to the income tax system we know and don’t love today. Since that time, in fact, since way before that time, people have been arguing about the effect […]
By Daniel Becker In the comments to my post “A reminder from Obama’s February 2009 speech”, there is the following: “I guess it relates to the fake Obama they had made up in their heads,…” This sums up the early comments to the post suggesting that those who trusted Obama have only themselves to blame. […]
Guest post by Mark Provost Why the Rich Love High Unemploymentvia Truthout Christina Romer, former member of President Obama’s Council of Economic Advisors, accuses the administration of “shamefully ignoring” the unemployed. Paul Krugman echoes her concerns, observing that Washington has lost interest in “the forgotten millions.” America’s unemployed have been ignored and forgotten, but they […]