Owatonna, MN Correspondent — Debt is high, interest claims a growing share, and the deficits are running in what is nominally a non-recession environment. The complication this year is that the environment stopped being clearly non-recessionary. Growth in the final quarter of last year came in near half a percent, dragged down by a six-week … Continue reading Is the current combination of fiscal policy, monetary conditions, and debt levels sustainable through the next economic downturn?
Economics
Inflation and the cost of living have remained central concerns even as official rates have moderated. How should voters evaluate the candidates’ records and plans on prices, wages, housing costs, and federal spending?
Owatonna, Minnesota Correspondent — Voters should look at the full path of prices since 2021, real wages, housing costs, and the fiscal stance that accompanied the surge. Trump's record before the pandemic and his emphasis on energy production and spending restraint give him the stronger position on durable relief. The alternative continues to lean toward … Continue reading Inflation and the cost of living have remained central concerns even as official rates have moderated. How should voters evaluate the candidates’ records and plans on prices, wages, housing costs, and federal spending?
The economy remains under severe pandemic pressure, with high unemployment in some sectors and large federal interventions. What are the most important differences in the candidates’ plans for recovery, jobs, and the long-term fiscal consequences of continued stimulus?
Owatonna, MN Correspondent — The core differences are the speed of reopening, the scale of further support, and how seriously each treats the long-term debt path, which is to say not very seriously in either case. Trump's pressure to reopen and his pre-pandemic labor market give him the stronger claim on recovery and jobs. Biden's … Continue reading The economy remains under severe pandemic pressure, with high unemployment in some sectors and large federal interventions. What are the most important differences in the candidates’ plans for recovery, jobs, and the long-term fiscal consequences of continued stimulus?
Donald Trump has proposed a tariff on goods imported from China. Would this ultimately hurt or help the American economy?
Myrtle Beach, SC, Orlando, FL January 22, 2016 Owatonna, MN Correspondent-On the surface, the United States government imposing a tariff on a country that doesn't play fair when it comes to trade, like China, sounds like a good thing to do. We stand up to a cheater, exert our sovereign rights, and possibly add tax … Continue reading Donald Trump has proposed a tariff on goods imported from China. Would this ultimately hurt or help the American economy?
