Relevant and even prescient commentary on news, politics and the economy.

State and local governments are not spending a majority of American Rescue Plan funds, yet

AB: The link below the chart developed by Josh Bivens is to find subsidies or funds granted to towns, cities, counties, and states under the American Rescue Plan Act. For example, one small city i live in was granted $6.7 millions to which they wish to apply for an eight-mile water pipeline to an area […]

Even with today’s slowdown, profit growth remains a big driver of inflation

This is a brief and targeted commentary by EPI’s Josh Bivens to which I have added input. The Fed has been flailing away at the economy in the belief Labor is the issue. Josh contends, product or profit markups have been a major issue. He does provide a foundation for his posit. I look to […]