TIPP Poll data on Americans' perception of the economy is the foundation for this section. Topics covered include U.S. consumer confidence, consumer sentiment, job market, economic growth, recession, financial stress, economic outlook, personal financial outlook, federal economic policies. We also cover trade, taxes, and debt. Our TIPP economic optimism index, financial stress index, job sensitivity metrics, and other polling on current economic issues drive the discussions.
The entire architecture of what Bessent has branded “Operation Economic Outcast” rests on a single assumption — that Iran and its trading partners need the U.S. dollar.
Prime Minister Mark Carney is expected to impose matching tariffs on U.S. goods, potentially targeting steel, dairy, appliances, agricultural equipment, paper and electronics
Despite promising to reduce government spending in all three of his presidential campaigns, President Trump, with the assistance of congressional Republicans and Democrats, has continued to grow the government debt.
“The United States is giving serious consideration to changing the name of Lake Ontario to Lake America in that we don’t expect to [be] doing much business with Ontario any longer,” Trump said on social media Tuesday morning.
The personal consumption expenditures price index increased 0.2% from June and rose 3.7% over the year.
“Wars, the bursting of the dot-com bubble, and tax cuts sent budgets off course in the early 2000s.”
The average rate for a 30-year fixed mortgage with a conforming balance rose to 6.78%, up from 6.77% the previous week
The benchmark 10-year Treasury yield was little changed at 4.647%, while the 30-year yield stood at 5.181%. The 2-year yield was also steady at 4.199%.
In reality, goods and services are not produced in totality. Every individual is preoccupied with his own production and consumption of goods and services.
Unfortunately, Apple’s customers are very demanding and want the real things, so the build operations will have to stay.
Americans’ assessment of current economic conditions improved slightly, but expectations for the coming months deteriorated.
Asked recently on NBC’s “Meet the Press” whether he supports “Medicare for All,” Jeffries replied that it is “not legislation that I am currently co-sponsoring or that I support.”
That argument stands. But there is a simpler problem sitting on top of it, and it lives inside the administration’s own words.
But total debt has quadrupled in just the last 20 years. It’s growing much faster than the economy, inflation, wages, or taxes.
The result is an illusion of competition that allows poor service to persist without attracting better alternatives.
Rothbard approaches the issue from a different angle. For him, crime is fundamentally an aggression against a person or their property. Justice should repair the victim.
