Americans’ optimism about their personal finances has climbed to levels not seen in more than 16 years, with 69% now saying they expect to be financially better off “at this time next year.” CONT. Jim Norman, Gallup Read more »
Most See U.S. Economy as Slowing or Declining
Americans offer no clear verdict on the state of the U.S. economy, though a majority see the economy as slowing down or worse. Thirty-nine percent of U.S. adults say the economy is slowing down, while 17% believe it is currently in a recession or depression. Forty-one percent say it is […] Read more »
IBD/TIPP Poll: Economic Optimism Fades Despite End To Government Shutdown
The IBD/TIPP Economic Optimism Index slid two points to 50.3 in early February, the lowest since October 2017. The government shutdown helped drag the overall index lower, as confidence in federal economic policies fell to the lowest point in more than a year. CONT. Jed Graham, Investor’s Business Daily Read more »
The deep roots of the trust crisis
We all depend in our social, business, financial, and political affairs, on a shared currency of trust. But we have somehow devalued this currency and breaches of public trust have recently grown to epidemic proportions. Donald Trump, the President of the United States, is perhaps the most worrying example of […] Read more »
The ‘Rotten Equilibrium’ of Republican Politics
One clear lesson from the elections of 2016 and 2018 is that President Trump and his fellow Republican candidates win where white voters are losing ground. Take a look at the 2018 congressional results in the upper Midwest and Pennsylvania, states that provided the Electorate College votes crucial to Trump’s […] Read more »
When shutdown politics add to economic woes, nobody wins
The Congressional Budget Office told us this week that the U.S. economy is likely to take a $3 billion hit from the partial government shutdown, assuming federal employees will get their back pay. $3 billion is a significant amount, but it is likely to have a relatively small impact in […] Read more »