
Fed Chair Powell Encourages Congress to Address Rising Debt before Next Downturn
Powell noted that the current economic expansion is the longest on record and emphasized the need to consider the long-term implications of fiscal policy.
The search found 82 results in 0.051 seconds.
Powell noted that the current economic expansion is the longest on record and emphasized the need to consider the long-term implications of fiscal policy.
“By any measure, the state of the Union’s fiscal outlook is unsustainable, and getting worse,” said Michael A. Peterson, CEO of the Peter G. Peterson Foundation.
Understanding the United States’ changing labor force can be a key part of understanding larger trends in the overall economy. Here are key characteristics of the foreign-born population and how they compare to the native-born population.
https://www.pgpf.org/blog/2020/01/the-foreign-born-labor-force-of-the-united-states
In its annual report on income and poverty, the U.S. Census Bureau publishes data on national economic measures such as household income, earnings, wealth, employment, and poverty.
Yesterday, the Federal Reserve announced a decrease in the federal funds rate — the interest rate at which commercial banks lend to each other overnight.
https://www.pgpf.org/blog/2019/10/What-Does-the-Fed-Rate-Cut-Mean-for-the-Economy-and-National-Debt
Growth earlier in the year was spurred by appropriations enacted in early 2018 as well as by the Tax Cuts and Jobs Act (TCJA), though the stimulus effects of the latter are fading.
It may be counterintuitive, but government shutdowns are expensive. They are also bad for the economy.
https://www.pgpf.org/blog/2019/10/four-reasons-why-a-government-shutdown-is-harmful
The United States currently faces a range of complex challenges including deteriorating infrastructure, a changing climate, and an inadequate system of education.
Income levels for Americans vary across geography, race, and gender.
https://www.pgpf.org/blog/2019/10/income-and-wealth-in-the-united-states-an-overview-of-data
While there has been positive news about recent wage growth, looking back over the last 40 years reveals a different story for the average worker.