How the spending spree will end - Carolina Journal
If lawmakers aren’t willing to make substantial changes to entitlements, they aren’t truly willing to make substantial reductions in federal spending.
Source: carolinajournal.com
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Alleviating California's Housing Shortage with Malls
An obscure new law could help convert underutilized commercial properties into new housing.
Source: city-journal.org
Alleviating California's Housing Shortage with Malls
An obscure new law could help convert underutilized commercial properties into new housing.
Source: city-journal.org
JPM: The new Fed will bring on a "hard landing"
MacroBusiness Access Subscriber Only Content JPM with the note: Just under a year ago, theFedcompleted its framework re-view and officially changed its monetary policy strategy to a flexible average inflation targeting (FAIT) approach. With the acceleration in inflation since then, PCE inflation now averages 2.0% over the past three years. Incoming months aver-age inflation over this three-year lookback period is likely to move even higher. Did the Fed zig just as the economy was zagging? No. The framework review was motivated by the challenges that very low real interest rates present to cen...
Source: macrobusiness.com.au