Jeff BuhmannBiden’s vs. Trump’s economy, in 8 chartsverified_publisherVox - Nicole NareaThe gaps between perception of the economy and the reality, explained. American economic pessimism has been bafflingly persistent despite major indicators showing that the economy is actually strong. Unemployment is low, inflation is significantly down from its 2022 peak (if sticky and ticking up in …
Jeff BuhmannHotshot Wharton professor sees $34 trillion debt triggering 2025 meltdown as mortgage rates spike above 7%: ‘It could derail the next administration’verified_publisherFortune - Eleanor PringleAmong the illustrious nameplates adorning the offices of Ivy League business schools is one Joao Gomes. A Wharton Business School finance professor, …
Jeff BuhmannConsumer sentiment edges higher as economic growth accelerates and inflation fadesPBS NewsHour - Christopher Rugaber, Associated PressWASHINGTON (AP) — A measure of consumer sentiment ticked higher this month, after soaring in December and January, underscoring that Americans are …
Jeff BuhmannLiberals Dreamed of This Economy For Decades. What If Voters Don’t Like It?verified_publisherPOLITICO - By Victoria GuidaPolicymakers were determined to avoid the mistakes of the Great Recession — and they succeeded. But now they are in a mood of “fear and introspection.” This is the future liberals wanted. For years, economic thinkers on the left pushed for more government spending and urged the Federal Reserve to be …
Jeff BuhmannU.S. winning world economic warAxios - Neil IrwinThe United States economy grew faster than any other large advanced economy last year — by a wide margin — and is on track to do so again in 2024. Why …
Jeff BuhmannReport Claims Inflation Woes Driven Largely By Corporate GreedHuffPost - Sara BoboltzThe paper boosts the controversial progressive argument that corporations are squeezing American households just because they can. A new report from a progressive think tank argues that Americans’ recent inflation woes were driven by companies that kept their prices high even as costs have come down …