Student Debt Relief is Expensive

A proposed $10,000 writeup would cost more than $300,000,000,000.

The free high-resolution photo of tree, road, town, city, shop, store, nostalgia, arizona, hdr, gas, nostalgic, classic, petrol, neighbourhood, urban area, human settlement, vintage gas station, gas pumps , taken with an Canon EOS-1Ds Mark III 03/03 2017 The picture taken with The image is released free of copyrights under Creative Commons CC0. You may download, modify, distribute, and use them royalty free for anything you like, even in commercial applications. Attribution is not required. The free high-resolution photo of tree, road, town, city, shop, store, nostalgia, arizona, hdr, gas, nostalgic, classic, petrol, neighbourhood, urban area, human settlement, vintage gas station, gas pumps , taken with an Canon EOS-1Ds Mark III 03/03 2017 The picture taken with The image is released free of copyrights under Creative Commons CC0. You may download, modify, distribute, and use them royalty free for anything you like, even in commercial applications. Attribution is not required.

Gas Prices and Pay Raises

The most consumer-visible commodity is down for the 67th consecutive day.

Crypto Crash

The bubble may have burst.

Russia Sanctions Itself in Retaliation for Western Sanctions

Vladimir Putin is banning commodity exports.

Alabama, Disney, and the Quest to Be a National University

The cost of raising a university’s profile.

Ryan Says GOP Must Move Past Trump

“If the conservative cause depends on the populist appeal of one personality, or on second-rate imitations, then we’re not going anywhere.”

Sullivan on Biden (and a Discussion of Fiscal Policy)

On fiscal policy and historical comparisons.

What is Infrastructure, Anyway?

We can all agree that it’s important but not what it is.

President Joe Biden participates in a virtual call with the NASA Mars 2020 Perseverance Mission team members Thursday, March 4, 2021, in the Roosevelt Room of the White House. President Joe Biden participates in a virtual call with the NASA Mars 2020 Perseverance Mission team members Thursday, March 4, 2021, in the Roosevelt Room of the White House.

Biden’s $3 Trillion Infrastructure Bill

We’re about to spend a whole lot more money.

Janet Yellen Biden’s Treasury Secretary Pick

Another unassailable if boring cabinet choice.

US Unemployment at Record Highs

More Americans are out of work than at any time since the Great Depression.

No, Biden Shouldn’t Move Left

Sanders supporters need to get on the bus.

Mankiw on the Pandemic

Listen to this guy.

Coronavirus Could Kill Trump Presidency

We may be seeing the beginning of the end.

World Stocks Down $5 Trillion

This is bigger than President Trump’s incompetence.

Americans Disagree With Trump On Trade

New polling shows that the American public does not support the President and his trade war.

Paul Volcker, Fed Chairman Who Slew The Inflation Dragon, Dies At 92

Paul Volcker, the Chairman of the Federal Reserve Board who put an end to the rampant inflation that threatened to choke the American economy, has died at 92.

Trump Fine With Letting His Foolish Trade War Continue Past 2020 Election

President Trump said this morning that he’s fine with letting his trade war with the rest of the world continue all the way to the 2020 election.

Economic Warning Signs Starting To Become Apparent

A key economic statistic that rarely gets widespread public attention is showing that the manufacturing sector has been in recession for four months now.

October Jobs Report Beats Expectations, But Still Comes In As Anemic

October’s jobs report came back better than expected but hardly something to cheer.

Federal Budget Deficit Ends Fiscal Year Just Shy Of $1 Trillion

Don’t worry folks, we’ll make it past that mark quite easily over the course of the new Fiscal Year.

Welcome Back To The World Of Trillion-Dollar Deficits

As predicted, the Federal Budget Deficit has crossed the threshold back into the world of trillion-dollar deficits. This is all due to the hypocrisy of Republicans and so-called conservatives.

August Jobs Report Falls Below Expectations At +130,000 New Jobs

The August Jobs Report came in below expectations as other economic statistics point to a slowing economy.

Don’t Politicize The Federal Reserve.

A former Federal Reserve officials argues that the Fed should not lower interest rates to compensate for the impact of the President’s trade war, potentially leading to his defeat in the election. This is an incredibly bad idea.

Budget Deficit Growing Faster Than Expected, CBO Reports

Thanks for nothing, Republicans.

Trump Goes Full Dictator

Donald Trump isn’t just admiring dictators now, he’s acting like one.

Fed Chairman Labels Trade War As Source Of Concern, Trump Labels Him An Enemy

President Trump’s hand-picked Federal Reserve Chairman is stating the blindingly obvious about the ongoing trade war, so of course the President labeled him an enemy.

Poll Shows Solid Support For Free Trade, Opposition To Trump’s Tariffs

A new poll shows solid support for free trade and opposition to the President’s tariffs, suggesting strongly that Trump is losing the public relations battle on this issue.

Trump Is Worried About The Economy And 2020. He Should Be.

The Trump Administration and 2020 campaign are clearly worried about the state of the economy. They should be, because it could be the one thing that dooms his re-election chances.

Budget Deficit Sets Another Record Under Trump, Heads Toward $1 Trillion

The Federal Budget Deficit rose 27% in July, putting it on course for the $1 trillion by the end of September.

July Jobs Report Within Expectations But Far From Spectacular

July’s Jobs Report was in line with expectations, but hardly indicative of a booming economy.

Federal Reserve Cuts Rates Amid Signs Of Slowing Global Economy

WIth some signs pointing to a slowing global economy, and President Trump applying political pressure, the Federal Reserve reversed interest rate policy yesterday.

Economic Growth Slows But Shows No Signs Of Entering Recession Territory

The economy slowed somewhat during the second three months of 2019, but the economic recovery still looks strong as we head into the 122nd month of positive growth.

Trump And Congress Reach Deal On Budget-Busting Debt Deal

President Trump and the Congressional leadership have reached agreement on a multi-year budget deal that that busts through all remaining controls on spending.

Federal Budget Deficit Near $750 Billion For First Three-Fourths Of Fiscal Year

The Federal Budget Deficit passed the $700 Billion mark with three months still to go in the Fiscal Year.

June Jobs Numbers Bust Past Expectations But Uncertainty Remains

June’s jobs report brought in stronger than expected numbers but the fact that these numbers have not been consistent all year makes one wonder what the state of the economy really is.

Trump May Not Benefit From Economy In 2020

New polling suggests that the President may not be benefiting from the relatively healthy economy as much as expected.

The Economic Recovery Is Ten Years Old, How Much Longer Can It Last?

The current economic recovery turns ten years old this month, but it can’t last forever.

April Jobs Report Brings Higher Than Expected Jobs Growth

Jobs Growth in April was much higher than expected, seemingly putting to rest for now fears that the economy might be slowing.

Keep Politics Out Of The Federal Reserve

President Trump is trying to politicize monetary policy. He should be resisted on this front.

Economic Growth Beats Expectations But Isn’t Much To Write Home About

First quarter economic growth came in higher than expected, but there are several caveats worth keeping an eye on.

Microsoft Becomes Third U.S. Company To Reach $1,000,000,000,000 Market Value

Yesterday, Microsoft became the third American company to reach $1 trillion in market value.

Trump to Nominate Herman Cain to Fed

Nein. Nein. Nein.

Trump, the Fed, and the Economy

More simplism from the WH.

Stephen Moore is a Terrible Choice for the Fed

Only the best people, dontcha know.

Trump Delivers Bizarre, Incoherent, Red Meat Speech At CPAC

In a two-hour rant before an adoring crowd of CPAC sycophants. President Trump displayed everything wrong with him and his Presidency.

Economic Growth Slows In Final Quarter Of 2018

Economic growth slowed significantly in the fourth quarter of 2018 from where it had been earlier in the year. And it’s likely to slow down even more.

National Debt Tops $22 Trillion, Up $2 Trillion Since 2017

The National Debt officially topped $22 trillion, marking a $2 trillion increase since President Trump took office.

Let Them Eat Bridge Loans

The Trump Administration either doesn’t realize the impact the shutdown is having on Federal workers who haven’t been paid in a month, or it doesn’t care.