Category: Economics
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Trump’s Fed Rate Push Faces Economic Reality
President Trump’s aggressive campaign for Federal Reserve interest rate cuts in 2025 represents an unprecedented assault on central bank independence.
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The Employment and Wage Effects of Trump’s Steel Tariffs
Research on the Trump administration’s 2018-2020 steel tariffs reveals significant negative net employment effects despite modest gains in steel production jobs. While steel workers experienced some wage increases, the broader economic impact included substantial job losses in steel-using industries and higher costs for consumers.
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Inflation and Consumer Price Index, January 2025
Looking at inflation calculations in a different way.
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Median Usual Weekly Real Earnings, pre- and post-Covid
Comparing weekly earnings before and after the Covid pandemic, attempting to remove the effect of the pandemic.
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Hourly Earnings, pre- and post-Covid
Comparing hourly earnings before and after the Covid pandemic, attempting to remove the effect of the pandemic.
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Employment, pre- and post-Covid
Comparing job growth before and after the Covid pandemic, attempting to remove the effect of the pandemic.
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Gross Domestic Product, pre- and post-pandemic
Recent economic performance as measured by Gross Domestic Product, before and after the pandemic.
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Poverty in the States
Official and supplemental poverty rates in the states.
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Inflation and Consumer Price Index, September 2024
Looking at inflation calculations in a different way.
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Weekly and Hourly Earnings
Earnings data adjusted for inflation.
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Comparing Obama and Trump Economies on Growth
The United States economy grew while Donald J. Trump was president, until the pandemic. How does this growth compare with the previous administration?
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Comparing Obama and Trump Economies on Jobs
Many jobs were gained during the Trump administration until the pandemic struck. How did this growth compare to the prior administration?