The author argues that the United States unsustainable national debt trajectory will likely only be addressed during a crisis, despite the predictable and severe economic consequences.
The specter of recession looms as rising unemployment, despite robust job growth, triggers a reliable predictor, fueling investor anxiety and raising questions about the Federal Reserves timing in combating inflation.
The Federal Reserves decision to lower interest rates marks a pivotal moment in their fight against inflation and its potential impact on the economy and upcoming election.
Kamala Harris is framing her presidential campaign around economic issues, highlighting successes and addressing voter anxieties while navigating both positive indicators and persistent challenges.
Despite persistent inflation, Kamala Harris witnesses a surge in hypothetical presidential polls compared to Biden, suggesting voters may attribute economic woes more to the president than the vice president.