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economy

Home / economy /
 G.D.P. grew in the fourth quarter of 2020 at an 4.0% annualized rate but isn’t back to pre-pandemic levels

G.D.P. grew in the fourth quarter of 2020 at an 4.0% annualized rate but isn’t back to pre-pandemic levels

January 29, 2021

The U.S. economic recovery stumbled but didn’t collapse at the end of last year, setting the stage for a much stronger rebound this year. According to Yahoo Finance, the U.S. economy expanded in [...]

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 How is the US economic recovery going? – Bloomberg offers 5 charts that show it maybe slowing

How is the US economic recovery going? – Bloomberg offers 5 charts that show it maybe slowing

July 17, 2020

According to recent reporting from Bloomberg on July 11th, 2020, the U.S. reopening and economic recovery from the Coronavirus-induced recession is leveling off and showing signs of hitting some [...]

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 Trump proposes $4.8 trillion 2021 (FY) election-year budget with big domestic cuts

Trump proposes $4.8 trillion 2021 (FY) election-year budget with big domestic cuts

February 13, 2020

The Trump administration’s new proposed budget is the complete opposite of his Democratic rivals as it suggests deeply cutting some social safety net programs. On February 11, the White House [...]

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 When the Next Recession Happens, Watch for these 4 Positive Economic Opportunities

When the Next Recession Happens, Watch for these 4 Positive Economic Opportunities

September 3, 2019

Recently Ben Carlson wrote an interesting article on Fortune about some of his predictions of what could happen when the next recession hits the US economy. He claimed, “unless the GDP suddenly [...]

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 U.S. Budget Gap Widened 23% to $747 Billion as of June and the House Passes a 2 year Budget Deal

U.S. Budget Gap Widened 23% to $747 Billion as of June and the House Passes a 2 year Budget Deal

July 31, 2019

According to recent reporting from CNN and the WSJ, about June’s Monthly Treasury Report statement. Government Tax receipts rose slightly in June from Trump’s tariffs, but is was not nearly [...]

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 Small businesses are feeling the squeeze from the US China Tariff Trade War

Small businesses are feeling the squeeze from the US China Tariff Trade War

May 15, 2019

Small businesses, economists and others are sending stern warnings to the Trump administration that hiking tariffs on Chinese goods will raise costs for U.S. consumers and impair the ability of [...]

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 Trump’s 2020 budget proposal assumes permanent individual tax reform provisions

Trump’s 2020 budget proposal assumes permanent individual tax reform provisions

March 28, 2019

  On March 11, 2019 the Trump administration proposed a $4.7 billion budget for fiscal year 2020, which starts officially on October 1, 2019.  With the President’s proposed budget, the [...]

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 Despite the Booming  Job Market, Labor Force’s Income Is Shrinking

Despite the Booming Job Market, Labor Force’s Income Is Shrinking

March 4, 2019

Because Trump and Republicans like to brag that U.S. unemployment levels are at their lowest in nearly 50 years, with some businesses even griping about labor shortages (skills gap), one might [...]

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 Tobin’s Q- Is the Tax Cuts and Jobs Act Working?

Tobin’s Q- Is the Tax Cuts and Jobs Act Working?

January 1, 2019

A year seems like a long time, especially when you’re talking about the Tax Cuts and Jobs Act (TCJA.)  Despite this supposed long period of 365 days, we have to remember that the economy is [...]

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