A recent poll suggests key issues are obscured by the geriatric psychodrama…
March Deficit Blowout: U.S. Spends 3.5x More Than It Brings in; YTD Deficit Is Biggest Ever…
The covid crisis may be over (with nearly 60% of the population vaccinated, one would certainly hope it’s over), but covid crisis spending is here to stay…
Yuan, Futures Slide After Trump Orders Retirement Fund Investment in Chinese Stocks Blocked…
Having threatened last week that “COVID reparation” would be paid one way or another – and following Peter Navarro’s comments echoing the same rhetoric this morning – FOX Business reports that President Trump is moving ahead with his plans to block a government retirement fund from investing in Chinese equities considered a national security risk. […]
Yowza!: Deficit Soared to Record-Smashing $738B in April…
The Treasury Department on Tuesday said that the federal government ran a historic $738 billion deficit in April. The shortfall, which reflects the effects of the coronavirus pandemic, is about 3 times as large as the second-largest monthly deficit on record. It is larger than the federal deficit for all of fiscal year 2017, which […]