Tuesday is the 40 year anniversary of the assassination attempt on President Reagan. I remember this because it was on my 7th birthday. I of course feel terrible for my selfish feelings of 'my day' being ruined by all the adults only wanting to watch news coverage of this and
Tag: Budget Deficit
As Joe Biden's poll numbers continue to increase, the chatter on Wall Street seems to be this is a good thing for the economy and the markets. I don't know if they are trying to do what they always do – providing justification to own stocks regardless of what is happening
This week it was announced the current Federal Government Budget Deficit hit its highest level in 6 years. The combination of tax cuts, slower than expected economic growth, and increased spending accelerated the budget deficit at a rate alarming enough to lead even Republicans to call for cuts in spending.
The stock market is again on shaky ground as the Trump Administration is escalating the potential for a heated trade war with China. They announced the initial shots in March, which was matched by China with their own tariffs (even though China already charges heavy tariffs on US goods). Wall
Apparently in Congress, your opinion on the deficit changes based on whether or not your party controls the White House. In 2011 Republicans were willing to die on the hill of fiscal responsibility when President Obama asked for a debt ceiling increase. Democrats argued we needed to spend the money