Category: Economics
-
Gross Domestic Product, 3rd Quarter 2025 (Initial Estimate) and Corporate Profits (Preliminary)
The U.S. economy grew at an annual rate of 4.3 percent in the third quarter of 2025, driven by increases in consumer spending, exports, and government spending, while corporate profits rose 166.1 billion dollars compared to the second quarter.
-
Employment Situation Report: November 2025
The November 2025 employment report reveals a stalling job market with only 64,000 positions added, unemployment climbing to 4.6%, and nearly one million more Americans forced into part-time work. Federal job cuts continued for the seventh month.
-
Consumer Price Index for November 2025: Inflation Holds Steady at 2.7 Percent Despite Government Shutdown Data Gap
The Consumer Price Index rose 2.7 percent over the 12 months ending November 2025, with a federal government shutdown in October disrupting normal monthly data collection and requiring the Bureau of Labor Statistics to report a two-month change instead.
-
Evaluation of Donald Trump’s Statement on Inflation and Prices (December 12, 2025)
The statement by Trump is economically incorrect. It demonstrates a misunderstanding of inflation as a level rather than a rate, and it incorrectly equates disinflation with falling prices.
-
Costco v. U.S. Customs and Border Protection: A Legal Challenge to Presidential Tariff Authority
Costco has filed a major lawsuit challenging President Trump’s 2025 tariffs as unconstitutional and unauthorized by law. This detailed legal analysis explains how the case tests whether the International Emergency Economic Powers Act (IEEPA) gives presidents authority to impose tariffs, or whether that power belongs exclusively to Congress. With two federal courts already ruling these…
-
The Hottest Economy?
The U.S. economy was the “hottest,” as President Trump often reminds us. Then he was re-elected.
-
Critical Evaluation: Economic Claims About Mass Deportation and Their Impact on Food Prices, Healthcare, Housing, and Property Taxes
A recent social media image claims that mass deportation of undocumented immigrants would increase strawberry prices while decreasing healthcare, housing, and property tax costs. This analysis examines each claim against peer-reviewed research, government data, and economic analyses to evaluate their accuracy. The evidence reveals a fundamental misunderstanding of how immigrant labor and tax contributions function…
-
Understanding the September 2025 Jobs Report
The combination of modest job creation, rising unemployment, downward revisions to prior months, and ongoing federal job cuts suggests an economy that’s cooling. Whether this represents a healthy normalization after the post-pandemic surge or the early signs of more serious weakness is the crucial question—and one this single report can’t definitively answer.
-
Get Your 50-Year Mortgage Here
President Donald J. Trump’s administration recently floated the 50-year mortgage as something that would help make homes more affordable.
-
The $80 Billion Nuclear Bet: Understanding the Trump Administration’s Westinghouse Deal
The core question is not whether nuclear power has technical merit. Rather, it’s whether this particular arrangement represents sound policy or a costly mistake that mixes industrial policy with crony capitalism. Is this another step towards Trump’s version of state capitalism, or even outright socialism?
-
Analysis of Economists’ Amicus Brief Challenging Trump’s Reciprocal Tariffs
Analysis of an amicus curiae brief filed with the U.S. Supreme Court by prominent professional economists, including several Nobel Prize winners and former government officials. There are two consolidated cases before the U.S. Supreme Court: No. 24-1287: Learning Resources, Inc., et al. v. Donald J. Trump, President of the United States, et al. and No.…
-
ACA Premium Tax Credits in States
This scatter plot reveals a fascinating and counterintuitive relationship between political preferences and healthcare policy usage across American states.