government spending

'SABOTAGE': Economist warns what Janet Yellen is doing 'never works'

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Tressis chief economist Daniel Lacalle says Treasury Secretary Janet Yellen cannot expect a strong economy with more spending and higher taxes on ‘Making Money.’ #foxbusiness #makingmoney Subscribe to Fox enterprise! https://bit.ly/2D9Cdse Watch more Fox enterprise Video: https://video.foxbusiness.com Watch Fox enterprise Network Live: http://www.foxnewsgo.com/ FOX enterprise Network (FBN) is a financial news channel delivering real-time information … Read more

Nvidia, US Treasuries & The American Consumer | Recession 2024: Part 1

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What do Nvidia, US Treasuries & the American Consumer have in common? That IS what we’ll be talking about because all three of these will help us answer the ultimate question in Part I of our two-part Recession 2024 mini-series – what has our country done right so far & why hasn’t a US recession … Read more

Why RBA's inflation fight is at odds with government spending | The company | ABC News

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A new report by KPMG says Australia’s fiscal and monetary policies are working against each other when it comes to bringing inflation back to target. The report author and KPMG chief economist Brendan Rynne says the Reserve money institution is stomping on the breaks while the government is pressing the accelerator. The report comes after … Read more

Why U.S. Cities Are Going Broke

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Spending cuts are abound in many U.S. cities as inflation lingers and pandemic-era stimulus dries up. At least 53 major cities have debt obligations that outstrip their holdings, according to an estimate from Truth in Accounting. The group estimates higher debt burdens than many public officials report, due to allegedly underreported retiree benefits. The rising … Read more

Australia's economy plunges deeper into per person recession | The company | ABC News

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Australia has experienced the biggest dive in living standards in half a century. Subscribe: http://ab.co/1svxLVE Read more here: https://www.abc.net.au/news/2024-03-06/gdp-december-quarter-2023-meets-low-expectations/103553062 The nation’s economy grew just 0.2 per cent over the final three months of 2023, and 1.5 per cent over the year, according to the Australian Bureau of Statistics National Accounts. If it wasn’t for population … Read more