Analysis: How the federal deficit affects economic growthBOB EDWARDS
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In wealthier hands, the money would benefit the economy less. It adds to the budget deficit and the federal debt. And timing is critical. If the economy has already bottomed out and begun to recover by the time checks go out in May or June, the extra money c...
John McCain-type candidate who would talk about things like the ballooning deficit and high interest rates. “It’s frustrating how cultish [the GOP] has become,” says McGarvey. “The Trump stuff has made people more… fanatical. I’m not sure why he, of all people, ...
The world economy is reaching what has been called “Limits to Growth.” Figure 1. Chart made by Gail Tverberg showing the general pattern of secular cycles based on information given in the book Secular Cycles. Economies throughout the ages have grown until their populations grew too large ...
The former president and current Republican nominee asserts that tariffs— basically import taxes— will create more factory jobs, shrink the federal deficit, lower food prices and allow the government to subsidize childcare. He even says tariffs can promote world peace. “Tariffs are the greatest ...
As amember of the Clinton administrationin the Commerce Department from 1997 to 2001, I participated in achieving that rare balanced budget and understand the obstacles to delivering a repeat performance. A quick look back at how we did it, along with how ...
ive Federal Reserve How The Dollar Hegemony Fuels The US Twin Deficit And Produces An Ineffective Federal ReserveHow The Dollar Hegemony Fuels The US Twin Deficit And Produces An Ineffective Federal ReserveDee Woo
The target for the federal funds rate has varied widely over the years in response to the prevailing economic conditions. It was set as high as 20% in the early 1980s in response to inflation. With the coming of the Great Recession, the rate was slashed to a record-low target of 0% ...
that really took off as the Federal Reserve loosenedmonetary policyand interest rates fell after the economy emerged from a recession in 1982. Thisboom would build into a debt bubbleof risky mortgages and shady banking practices that burst in the late 1980s in a debacle known as theS&L ...