Tag: interest rate
The Fed’s inflation mistake continues
Most of the pain is borne by people who are already struggling to keep up with rising prices: lower-wage workers and the poor.
Fed hikes interest rate despite recession warnings from experts
Economists warned that increasing interest rates too quickly was "a very dangerous approach," could make inflation worse and cause "great pain" without addressing real economic issues.
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Pentagon seeks $200 billion for Iran war as costs surge and Congress pushes back
Lawmakers question the scale, legality, and strategy of a massive funding request as troop deployments expand and the conflict shows signs of escalation.
Balanced budget amendment would put Social Security, Medicare, and core public services on the...
The proposal would make revenue increases extraordinarily difficult while allowing tax cuts to pass more easily, shifting pressure onto widely used federal programs.
Scale raises the ceiling, but fiscal foundations determine whether autocracy or democracy prevails
The implication is stark: democracy is not only a constitutional or ideological arrangement; it is fundamentally a fiscal one.
State Department purge left US exposed as Iran war sent energy prices soaring
Internal layoffs removed the very officials who would have modeled oil supply disruptions, coordinated with Gulf energy partners, and prepared for retaliatory strikes as war with Iran drove gas and crude prices sharply higher.
The Paris Prelude: Why the US and China are moving toward a Cold Peace
Nuanced engagement is an improvement over chaotic confrontation.