The Economy and You

By The Balance

Climate Change
2020 Top Democratic Candidates' Plans for Office
The Balance - Kimberly Amadeo
The 2020 presidential candidates are Republican President Donald Trump, Republican William Weld, Republican Joe Walsh, and 20 members of the opposing …
August 29
How Baby Bonds Can Narrow Wealth Inequality
The Balance - Tim Lemke
What if the U.S. government gave you $1,000 just for being born? And what if the government added to that amount each year until you were 18? This …
June 12
US Dollar Value Measured Three Different Ways
The Balance - Kimberly Amadeo
The value of the U.S. dollar is measured in three ways: exchange rates, Treasury notes, and foreign exchange reserves. The most common method is …
May 28
Value of the Dollar Today
The Balance - Kimberly Amadeo
Why the Dollar Is Worth So Much Less Than It Used to Be The value of the dollar has declined dramatically since the early 20th century. Inflation has …
May 28
US Imports and Exports with Components and Statistics
The Balance - Kimberly Amadeo
In 2018, total U.S. trade with foreign countries was $5.6 trillion. That was $2.5 trillion in exports and $3.1 trillion in imports of both goods and …
May 9
President Ronald Reagan's Economic Policies
The Balance - By Kimberly Amadeo
Ronald Wilson Reagan was the 40th U.S. president, serving from Jan. 20, 1981 to Jan. 20, 1989. His first task was to combat the worst recession since …
May 9
Unemployment
Real Unemployment Rate With Calculations
The Balance - Kimberly Amadeo
The real unemployment rate (U-6) is a broader definition of unemployment than the official unemployment rate (U-3). In July 2019, it was 7.0%. The U-3 …
May 6
The Great Recession of 2008: What Happened, and When?
The Balance - Kimberly Amadeo
The first signs of the Great Recession started in 2006 when housing prices began falling. By August 2007, the Federal Reserve responded to the …
April 29
Would Reaganomics Work Today?
The Balance - Kimberly Amadeo
Reaganomics is President Ronald Reagan's conservative economic policy that attacked the 1980 recession and stagflation. Stagflation is an economic …
April 25
Do You Know How to Read Your Tire Size?
The Balance - Emily Delbridge
On every tire, you will find an odd string of letters, numbers, and slashes. What does it all mean? Become a tire reading pro in no time by taking it …
April 23
U.S. Treasury
How U.S. Militarism Weakens Its Economic Power
The Balance - Kimberly Amadeo
Militarism is a belief that a nation should develop, maintain, and use a strong military to expand its interests. A militaristic country has a large …
April 19
Can You Become a Lawyer Without Going to Law School?
thebalancecareers.com - Alison Monahan
It's possible to become a practicing lawyer without going to law school in some states. Most lawyers do attend law school, but there are some …
April 11
Can Renewable Energy Save Us from Climate Change?
The Balance - Kimberly Amadeo
Renewable energy is power generated from sources that are adequately replenished. It includes solar, wind energy, hydroelectric, tides, biomass, and …
April 8
Why Are Some States So Poor and Others So Rich?
The Balance - Kimberly Amadeo
U.S. poverty is determined by the federal poverty threshold. The U.S. Census Bureau calculates it each year to report how many Americans live in …
April 4
States Where Pot Is Legal
The Balance - Kimberly Amadeo
In the United States, marijuana is an illegal Schedule 1 drug. That puts it into the same class as heroin, LSD, and ecstasy, according to the U.S. …
March 25
Top 10 States with the Best Education
The Balance - Kimberly Amadeo
Education is necessary for economic mobility. Americans with college degrees are paid 74% more than those with only high school degrees. This gives …
March 22
The Shocking Cost of the Sixth Mass Extinction
The Balance - Kimberly Amadeo
Mass extinction is when more than 50% of the world’s species die in a geologically short period. A species is a group of organisms that have similar …
March 22
Global Warming
How Much Difference a Degree of Global Warming Makes
The Balance - Kimberly Amadeo
Extreme weather is a meteorological event that falls outside the realm of normal patterns. Weather describes conditions in the Earth’s atmosphere …
March 21
Taxes
Compare Congress’ Enacted Budget to Trump’s FY 2019 Request
The Balance - Kimberly Amadeo
The fiscal year 2019 federal budget outlines U.S. government revenue and spending from October 1, 2018, through September 30, 2019. The budget …
March 12
Copper
Discover the Ancient History of Copper and Its Early Uses
The Balance - Terence Bell
Copper is considered to be one of the first metals to be used by humans. The main reason for its early discovery and use is that copper can naturally …
March 11
Store Closings State-by-State Store List
thebalanceeveryday.com - Barbara Farfan
While the total number of U.S. retail store closings scheduled for the 2015 calendar year is primarily a reflection of the quickly changing shopping …
March 1
Deflation Threatens You More Than Inflation
The Balance - Kimberly Amadeo
Deflation occurs when asset and consumer prices fall over time. While this may seem like a great thing for shoppers, the actual cause of widespread …
February 25
President Woodrow Wilson's Economic Policies
The Balance - Kimberly Amadeo
Woodrow Wilson was the 28th president, serving from 1913 to 1921. During his presidency, he increased the power of the presidency despite …
February 19
Harry S. Truman
How Truman Made America a Global Leader
The Balance - Kimberly Amadeo
Harry S. Truman was the 33rd U.S. president, serving from 1945 to 1953. During his tenure, he took America from isolationism to global …
February 20
How Carter Created Jobs, Fought Stagflation, and Brokered World Peace
The Balance - Kimberly Amadeo
James Earl Carter, Jr. was the 39th president, serving from 1977 to 1981. Upon entering office, he had to fight the stagflation created by Richard …
February 19
Shoppers Feeling the Love This Valentine's Day
The Balance - Kimberly Amadeo
In 2019, Valentine's Day shoppers set new spending records. They added $20.7 billion to the economy, according to the National Retail Federation. …
February 12
4 Ways to Reduce the Interest on the Debt
The Balance - Kimberly Amadeo
The interest on the national debt is how much the federal government must pay on outstanding public debt each year. The interest on the debt is $479 …
February 14
Why You Should Care About the Nation's Debt
The Balance - Kimberly Amadeo
The national debt is the public and intragovernmental debt owed by the federal government. It’s also called sovereign debt, country debt, or …
February 14
Why the Green New Deal Is Happening Now
The Balance - Kimberly Amadeo
The Green New Deal is a plan to fight climate change. It would reduce greenhouse gas emissions, cutting them in half by 2030. That's what it would …
Dec 26, 2018