Deficit
The Ginn Economic Brief: U.S. Economic Situation—November 2023
Highlights Figure 1: Real Average Weekly Earnings Declined Year-Over-Year for 26 Months Before Being Up in Four but Fell Again Last Month and Remain Down 5% Since January 2021 Overview Labor Market The Bureau of Labor Statistics recently released its…
Federal Budget Deficit Has Nearly Doubled Under President Biden
The federal budget deficit has doubled from one year to the next a few times before. Usually, those occurrences happen in conjunction with economic bad news, something the current administration consistently says does not exist. The Numbers Game First off,…
The Ginn Economic Brief: U.S. Economic Situation—October 2023
Highlights Figure 1: Year-Over-Year Real Average Weekly Earnings Declined for 26 Months Before Increasing in the Last Three but Fell Again and Remain Down Nearly 5% Since January 2021 Overview Labor Market The Bureau of Labor Statistics recently released its…
Stop the Spending Spree: US Freedom Caucus Opposes Status Quo as Possible Shutdown Looms
With the Federal Government’s fiscal year rapidly coming to an end on September 30th, Congress must pass a “continuing resolution,” on spending, or once again face a partial government shutdown. This continuing resolution is essentially a temporary spending bill, using…
Another Year, Another Debt Milestone
$33 trillion. Written another way, $33,000,000,000,000. The U.S. National Debt is estimated to surpass $33 trillion in a matter of days. Sadly, milestones like these seem to have become all too regular. Just one year ago I wrote a similar…
The Ginn Economic Brief: U.S. Economic Situation—September 2023
Highlights Figure 1: Year-Over-Year Real Average Weekly Earnings Declined for 26 Months Before Increasing in the Last Three but Remains Down Nearly 5% Since January 2021 Overview Labor Market The Bureau of Labor Statistics recently released its U.S. jobs report…
Episode 3: An Opportunity for Fiscal Conservatives
Episode Description 💰 In this episode of 𝗧𝗔𝗫𝗣𝗔𝗬𝗘𝗥 𝗧𝗔𝗟𝗞𝗦, we discuss the inauguration of Texas Governor Greg Abbott and Lieutenant Governor Dan Patrick as well as the legislative priorities they mentioned as a part of their speeches. We also discuss…
Explainer: What Is Keynesian Economics?
Oftentimes when operating in the world of fiscal policy, economists use certain terms and phrases and simply gloss over them, not realizing that everyday taxpayers may not understand. A number of these come up from time to time, and I…
Yet Another Somber Debt Milestone
$31 trillion. Written another way, $31,000,000,000,000. Sadly, milestones like these seem to have become all too regular. They are almost as certain as the political theatre performed by the U.S. Congress every few months over whether or not to raise…