House Bill 2025, otherwise known as the Transportation Reinvestment Package, was recently introduced in Oregon. The bill is set to drastically change the state’s transportation funding system by implementing a variety of new taxes.…
The U.S. economy is by far the most productive in the world, generating $27.7 trillion in 2023 — nearly $10 trillion more than the Chinese economy, the world’s second largest. America’s unmatched wealth supports…
A survey conducted by the U.S. Census Bureau in mid-2024 found that 61% of adults in the U.S. had at least some difficulty paying usual household expenses in the last week. That a majority…
The U.S. economy underwent a period of historic inflation in the last five years. While the pace of rising consumer prices has slowed in recent months, Americans across the country are still living with…
Many people know that Social Security will be depleted by 2035 or 2033, depending on who does the math. People don’t realize that if the current Administration is in power until 2028 and the…
Historically, the American economy has shown to be strong and resilient, often outperforming other nations regarding the growth in gross domestic product, or GDP. However, GDP growth rates are varied across the 50 states,…
It’s getting increasingly expensive to live — and Americans are beginning to feel the burn. Grocery, gas, and personal item costs have risen across the country while pay rates remain relatively stagnant. This has…
As the tariff war heats up worldwide, the United States and some of its closest allies are jockeying for a competitive advantage. As President Trump looks to level the playing field between the US…
Who has the biggest economy in the world? As you might expect, various countries — the United States, China, and Germany — make up the top three spots. But would you believe that it’s…
The United States buys far more from foreign markets than it sells. According to the Observatory of Economic Complexity, the U.S. ran a $1.1 trillion trade deficit in 2023, importing over $3 trillion in…
President Donald Trump’s recently implemented tariffs represent a break from decades of economic precedent. In the years leading up to Trump’s first term in office, goods imported to the U.S. were taxed at an…
Many Americans believe there will be a recession in the next year. There are plenty of signs that say one is already underway.
During times of international conflict and economic tension, usually instigated by the United States, we hear our elected officials threaten the use of sanctions. But how exactly do they work, and how can people…
As the central bank of the United States, Federal Reserve is charged with maintaining price stability for American consumers. The Fed targets a 2% annual inflation rate, meaning a dollar will lose 2% of…
In any capitalist economy, some level of income inequality is to be expected — but when the gap between the rich and the poor becomes wide enough and persistent enough, negative effects can begin…
