When government spending on welfare began to expand in the Great Depression, it was mainly a state and local affair. But in the 1960s the federal government got into welfare in a big way. Chart2.62: Welfare Cost by Government Share Prior to the Great Depression, non-health care expenditures...
US GDP or Gross Domestic Product is the total value of goods produced and services provided in the US. It is a vital indicator to analyze the health of the US economy. The metric is calculated as the sum of Private Consumption, Gross Investment, Government Spending and Net Exports. Two qua...
A lot of people like to talk about the size of government. This is the actual data. Let go let GOPbyMaxMar 23, 2021 Read More Illegal immigration attempts rose to their highest levels in more than a decade during the last year of the Trump admin. Now, Joe Biden is left with a prob...
Can someone from the US tell me if people affected by the US Government shutdown get paid retrospectively when a budget is finally agreed, or do they lose that income completely? What about things like health insurance? Does that remain valid throughout the shutdown? I'm not asking ...
A yield curve chart shows how much money you can make by investing in government bonds for different lengths of time. Normally, the longer you invest, the more money you make. So the line on the chart goes up as the time gets longer. ...
The most recent edition of a Democrat President and Republican Senate while the economy was still on the mend from a severe economic downturn occurred in 2010. The fiscal consolidation that ensued as Republican Senators took a hard line on government spending was a drag on the unfolding recovery...
Stop US Deficit Spending. A very brief website warning about the growing U.S. federal government debt.
This year's average age is another all-time high, even as the vehicle fleets recovered, increasing by 3.5 million units in the previous year. According to the executive director of the Car Care Council, with an average vehicle age of more than 11.5 years, the likelihood of a breakdown or...
Controlling yields has taken different forms. In 1941, the US’s entry into the second world war required a huge increase in government spending. By March 1942 the Treasury and the Fed agreed on yield curve control, anchored at the short end with bills at three-eighths, or 0.375 per cent...
Earlier this year, Powell had said the fed funds rate was likely at its peak, and the Fed was weighing when to cut rates. But three months of worse-than-expected inflation data at the start of the year has shifted his stance to one of keeping rates higher for longer until inflation is...