by Jim Heath | Nov 15, 2020 | 2020, Analysis, Headlines, Joe Biden, Trump
Are you better off than you were four years ago? That question has been at the heart of presidential campaigns since President Ronald Reagan first asked it in 1980. The general thinking has been that voters who are doing well would vote to reelect a sitting president....
by Jim Heath | Nov 14, 2020 | coronavirus, Economy, Headlines, Health
The uncontrolled coronavirus outbreak is prompting government officials across the nation to impose new restrictions on consumers and businesses, sapping the economy’s momentum and delaying the recovery of millions of jobs lost during the recession. The Washington...
by Jim Heath | Oct 29, 2020 | 2020, Economy, Headlines, Joe Biden, Trump
The U.S. economy grew at 7.4 percent between July and September, recovering about two-thirds of its losses during the first half of the year. This is a number President Trump will ballyhoo for the five days remaining until the election, but the gross domestic product...
by Jim Heath | Sep 2, 2020 | Economy, Headlines, Trump
The US government’s debt will exceed the size of the economy next year for the first time since World War II due to the coronavirus pandemic. The Congressional Budget Office published its latest report on federal deficits and debt on Wednesday. Federal debt held...
by Jim Heath | Aug 12, 2020 | 2020, Headlines, Trump
The U.S. budget deficit climbed to $2.81 trillion in the first 10 months of the budget year, exceeding any on record, the Treasury Department said today. The nation’s budgetary shortfall is expected to eventually reach levels for the fiscal year that ends Sept....