Tag Archives: Economics

What Mayor Pete Buttigieg Did in South Bend, Indiana



Democratic Presidential Candidate Pete Buttigieg, or Mayor Pete as he’s known to South Bend residents, is running largely on the basis that he was able to revive the city of South Bend. Here’s a summary of his major achievements while mayor of South Bend, Indiana, and some of the controversies and criticism that came with his strategies.


Jerome Powell Fights in the Trade War



 

Markets are rallying after Jerome Powell’s recent announcement that the fed will be helping stimulate the economy if the trade war starts to take its toll. Here’s exactly what could happen and what was just announced.


Farm Aid; The Costs of a Trade War



Sonny Perdue and the Trump Administration announced an additional sixteen billion dollars in aid to farmers struggling with the trade war. The question is, how and why is the government paying farmers billions of dollars for goods there’s no market for. This is everything you need to know about this bailout.


The Trade War Continues; Trump Introduces New Tariffs on $200 Billion of Chinese Goods



In an escalation of the trade war with China, Trump introduced a whole slate of new tariffs. There are some debates over the economics of these tariffs, but here are the basics of what just happened, and what happened the last few times we imposed tariffs in this war.


Top 5 Takeaways China’s 2019 Economic Policy Summit



Every year thousands of Chinese politicians get together to discuss the future of the economy. This year the main focuses were a slowdown in GDP growth, a two trillion yuan tax cut, a new foreign investment law, China’s “Hidden Debt” problem, and of course the trade war. Here’s what happened.


Where’s the Inflation? An Economic Mystery



For years the Fed has worried about inflation. Now that the economy is growing, the Federal Reserve chair, Jerome Powell is wondering where it went? Nobody knows for sure, but this video goes over the main theories as to why people aren’t spending their money like they used to.


Elizabeth Warren Takes on Tech Monopolists



Elizabeth Warren is proposing to break up these big tech companies and now people are starting to listen. She’s focusing in on Facebook’s mergers with WeChat and Instagram, Amazon’s exclusive product lines, and Google just buying and producing tons across the board. Here’s what’s happening.


After the Iran Deal; What’s the Deal With Iran Today?



After the US left the Iran Deal and people stopped paying attention, the conflict continued. The United States imposed two sets of sanctions designed to destroy their economy, and they seem to be doing a pretty good job.

First Sanction Set: https://www.youtube.com/watch?v=IDJSBm32GSU

Second Sanction Set: https://www.youtube.com/watch?v=FayBHt5tGSU


The Debt Ceiling Looms Over New Congressional Negotiations



As of March 1st we need to raise our debt ceiling again, This somewhat regular tradition of cruising to the edge of the fiscal cliff has been used to negotiate in American politics for quite some time. Now it’s back, and under Trump’s guidance, we might take it too far.


Taxation Reformation; Democrats Different Ideas for New Taxes



Alexandria Ocasio-Cortez, Bernie Sanders, and Elizabeth Warren all have their own ideas about how to raise taxes on the rich. They all have their own positives and negatives. Here are the pros and cons to their ideas.