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.

Shutdown Eroding Public Faith In The Economy

The government shutdown is beginning to negatively impact the public’s perception of the health of the economy.

Budget Deficit On Pace To Exceed $1 Trillion For Current Fiscal Year

Two years of Republican control of the Legislative and Executive Branches has put us back on a path toward $1 trillion budget deficits.

December Jobs Report Blows Past Expectations

December’s Jobs Report blew past expectations to show more than 300,000 jobs created.

Steve Mnuchin Becomes Trump’s Latest Target

With the economy appearing to sour, Treasury Secretary Steve Mnuchin is quickly becoming the President’s latest target of criticism.

The #TrumpShutdown Could Last For Weeks

Christmas is behind us, but don’t expect any progress when it comes to the government shutdown, which is in its fifth day.

Trump Takes Aim At The Federal Reserve Board

President Trump is now apparently on the warpath against the Federal Reserve Board Chairman he appointed only a year ago.

Donald Trump Shrugging Donald Trump Shrugging

Trump and the Fed

Trump doesn’t understand (nor respect) the role of the Fed.

November Jobs Growth Falls Short Of Expectations

Jobs Growth in November was healthy but fell short of expectations.

Economic Storm Clouds On The Horizon

The economy is in good shape for the moment but there are storm clouds on the horizon.

Sooner Or Later, We Will Have A Recession

The current economic recovery is nearly ten years old. It isn’t going to last forever, though, and that could pose a problem for the GOP in 2020.

Yes, The GOP Lost The Midterms Because Of Trump

The evidence that the GOP lost the midterms because of public repudiation of President Trump is overwhelming. The GOP will either accept this and learn from it, or they will not.

G.D.P. Growth In Third Quarter Was Healthy, But Many Caveats Remain

The economy appears to have grown strongly in the third quarter, but concerns about long-term growth remain.

Federal Budget Deficit Heads Back Up Under Republican Rule

Nearly two years into Republican control of Washington, the budget deficit is headed back up.

Federal Budget Deficit Set To End Fiscal Year Near $1 Trillion, And Continue Growing

The Federal Budget Deficit is set to end the Fiscal Year close to $1 trillion, and to continue growing after that.

Violating Yet Another Norm, Trump Attacks The Federal Reserve

Donald Trump is now attacking his own appointee to head the Federal Reserve Board.

Initial Estimate Shows Economy Grew 4.1% In Second Quarter

The economy grew at an exceptionally strong pace according to the first estimate of GDP growth, but several caveats remain.

Whither the Fiscal Conservative?

Deficits continue to rise.

Trump Threatens To Up The Ante On His Trade War

The President is apparently getting ready to take yet another ill-advised step in his ill-advised, economically illiterate trade war.

June Jobs Growth Slightly Above Expectations, But Not Spectacular

Total nonfarm payroll employment increased by 213,000 in June and the unemployment rate rose to 4.0 percent.

National Debt Passes $21 Trillion Mark As Republican Budget Deficits Begin To Rise

The National Debt has passed $21,000,000,000,000 for the first time in history just as the nation begins its return to the era of trillion dollar budget deficits.

Federal Government Set To Borrow $1 Trillion This Year

The Federal Government will borrow more than $1 trillion this year for the first time in more than a half-decade.

May Jobs Report Better Than Expected, But Still Not Great

May’s jobs report was stronger than the previous two months, but not entirely great.

Federal Reserve Not Worried About Economy Overheating

The Federal Reserve sees the economy staying relatively the same for the foreseeable future, which is both a good and bad thing.

Economic Growth Beats Expectations, But It’s Hardly Impressive

The first estimate of economic growth in the first three months of 2018 beat expectations slightly, but it doesn’t bode well for the immediate future.

The DJIA and a Potential Trade War

The DJIA (and other markets) are not too happy about all of this trade war talk.

March Jobs Report Falls Short Of Expectations

March’s Jobs Report fell far short of expectations.

A Booming Jobs Market For February

A better than expected jobs report for February, but wage growth slowed for the month.

Trump Announces New Tariffs On Steel And Aluminum

President Trump has announced that he’ll be imposing significant tariffs on steel and aluminum imports. This is an unwise decision.

The GOP Is Now The Party Of Deficits And Debt, But Then It Always Has Been

Republicans spent the eight years of Obama Administration railing against fiscal irresponsibility. Now that they have power, they’re the ones being fiscally irresponsible.

Senate Reaches Budget Deal That Busts Budget Caps And Massively Increases Spending

Congress seems likely to pass a budget deal today that will massively increase spending, putting to rest once and for all the rank hypocrisy of Republicans when it comes to claims that they are “fiscally conservative.”