Everyone, Everyday: Talking About What Matters
Joe Lysikatos 
There’s some good financial news in the air as the Congressional Budget Office (CBO) has released some new figures indicating something huge for the U.S. economy: we’re in for an estimated $7 trillion boost in the next decade! Economic Boost from Immigration What’s the momentum behind the CBO’s new estimates? Immigration. The CBO is expecting … Read more
The United States is witnessing a significant exodus from its workforce, with approximately 10,000 older adults bidding farewell each day. The COVID-19 pandemic hastened this trend, which was first sparked by the aging baby boomer population. More and more people are choosing to retire early and prioritize their health. Stagnant Labor Force The ramifications are … Read more
Childcare costs are hitting hard for families all across the U.S. These days, taking care of kids is getting more and more expensive, and it isn’t showing signs of slowing down. Across the country, parents are feeling the pinch as childcare costs soar, especially since the end of pandemic support. The Cost of Childcare A … Read more
In a recent interview, Federal Reserve Chair Jerome Powell affirmed the central bank’s commitment to a series of interest rate cuts this year. Powell’s statements, featured on “60 Minutes,” shed light on the Federal Reserve’s strategy amid a backdrop of a healthy economy and a slowing inflation rate. Federal Reserve’s Rate Cut Projection In December, … Read more
Fresh from his retirement, famed banking analyst Richard X. Bove has delivered a prediction that could throw a spanner into the works of the U.S. economy. Here are his full remarks. Bove’s Bold Prediction “The dollar is finished as the world’s reserve currency,” announced Bove in an exclusive interview with the New York Times. The … Read more
In an interview with CNN’s Jake Tapper for “The Lead,” Presidential hopeful Nikki Haley used her platform to launch a strike at Trump’s camp, accusing him of wasting millions in donor donations on his hefty legal bills. Haley called the expense “unconscionable” and claimed that Trump’s limited campaign efforts were due to his financial woes. … Read more
In a fiery opening segment on MSNBC’s “All In with Chris Hayes,” host Chris Hayes dove headfirst into the latest economic data, proclaiming, “It is 2024, and the American economy is back, baby.” Hayes dissected the disparity between economic indicators and public sentiment, shedding light on the resurgent U.S. economy under President Joe Biden. The … Read more
A new report by the Washington think tank, the Urban Institute, has looked into the outcome of Texas’s groundbreaking guaranteed-basic-income experiment, which provided $1,000 a month to 135 low-income families for a year. The experiment aimed to help those in poverty by enhancing housing security and giving them the power to make better choices for … Read more