The Organization of the Petroleum Exporting Countries (OPEC) recently announced that it wanted to increase its oil supply. But will it be enough to lower gas prices? Why would an increase in oil supply…
On March 12, 2025, President Trump announced 25% tariffs on all steel and aluminum imports entering the United States. But what will the impact of these broad tariffs be? Will they help or harm…
Among wealthy, highly developed nations, the United States stands out for its high level of income inequality. According to the latest available data from the World Bank, income inequality is about seven to nine…
Goldman Sachs is pessimistic about the prospects for gross domestic product growth in 2025. It expects tariffs to hamper the economy, likely causing a recession.
Income inequality has been on the rise in the United States for decades. According to a recent study from the Peter G. Peterson Foundation, a fiscal policy advocacy group, average income among the highest…
Donald Trump has been threatening tariffs of various and ridiculous levels for months now, along with a slew of other economic threats and government actions to convince other countries to do what he wants.…
If you’re feeling uneasy about the economy these days, you should know that you’re in good company. The University of Michigan’s consumer confidence survey for March posted a reading of 57.9, a 10.5% decline…
For much of the last decade and a half, the U.S. job market has steadily grown stronger. With the single exception of 2020, when much of the U.S. economy was shut down in an…
Since the start of the COVID-19 pandemic, the overall cost of living has surged in the United States. The average cost of goods and services surged by 4.7% in 2021, by 8.0% in 2022,…
Recent polls show that the majority of Americans disapprove of Trump’s handling of the economy. An NBC News poll taken between March 7 and 11 found that 54% of 1,000 registered voters reported disapproval…
It should come as no surprise that rents in cities across the country increased by over one-third in 2025 compared to the previous year. While this isn’t true across the board, the cities with…
In the United States, the discussion and news coverage of the national debt has taken on a perpetual air of doom and moral ineptitude, but in years past it wasn’t always that way. Competent…
Economists and bankers have raised their odds that the United States falls into a recession. Increasing tariffs are the primary reason they think so.
Ronald Reagan is both the patron saint of capitalism to conservative Americans, and the harbinger of destruction and evil to those on the left. Opinions vary and experts disagree about his legacy, but one…
The 2025 tax season is here with individual income tax returns due on April 15th. For this season, the Tax Cuts and Jobs Act (TCJA) of 2017 is still in play, but this could…
