Tag: Economics
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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.
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White House: BLS Has Lengthy History of Inaccuracies, Incompetence
This White House article presents a highly critical assessment of the Bureau of Labor Statistics under the previous administration. It accurately identifies notable BLS revisions, a significant benchmark adjustment, and procedural lapses in August 2024. However, its framing of these events as evidence of systemic incompetence does not fully account for the agency’s established revision…
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Gross Domestic Product per Person in States
This scatter plot reveals a fascinating relationship between political preferences and economic prosperity across US states.
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Gross Domestic Product in Counties
This scatter plot reveals a fascinating relationship between economic output and voting patterns at the county level in the United States.
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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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Fact-Checking Claims in the “One Big Beautiful Bill” (July 2025)
In July 2025, President Donald Trump and Republican leaders advanced a sweeping legislative package nicknamed the “One Big Beautiful Bill Act,” encompassing tax changes, immigration measures, and budget provisions. Supporters tout it as a historic boon for American taxpayers and security, while opponents warn of severe consequences. Below we examine several major claims related to…
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Trump’s Tariffs Make Absolutely No Sense
Jason Furman argues that Donald Trump’s proposed “reciprocal tariffs” are based on flawed economic reasoning and would damage the U.S. economy, worsen global trade relations, and ultimately empower China.
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Trump’s Tariffs Have Sown Uncertainty. That Might Be the Point.
President Trump’s tariffs and economic policies have created uncertainty in markets and business investments, which appears to be an intentional strategy to strengthen his negotiating leverage rather than a flaw in his approach.
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Inflation and Consumer Price Index, January 2025
Looking at inflation calculations in a different way.
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Kansas Employment Situation, December 2024
In Kansas in December 2024, the labor force rose, the number of jobs was rose, and the unemployment rate rose compared to the previous month, all by modest amounts. Over the year, Kansas is near the midpoint of states in job growth.
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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.