The hottest Deficits Substack posts right now

And their main takeaways
Category
Top U.S. Politics Topics

Pretty Stable

The Transcript • 59 implied HN points • 28 Oct 24
💰 Finance Economy Consumer spending Monetary Policy Deficits Inflation
  1. The US economy is doing well with steady consumer spending and healthy household finances. People are still buying, even if the growth rate is slower than last year.
  2. There is a strong demand for jobs, especially for those with college degrees. Many companies are looking to hire, but the unemployment rate for skilled positions is still very low.
  3. The upcoming presidential election is creating some uncertainty in the markets. Once it's over, people expect a better outlook for economic policies.

Top Links 641 The UK's trade deficit with the US. Low-income growth in the USA. How electrification stalled. "M: son of the century" and "The new us".

Chartbook • 314 implied HN points • 06 Feb 25
💰 Finance Trade Economics Deficits Income Growth
  1. The UK has a unique trade relationship where it imports more from the US than it exports, leading to a trade deficit. This is unusual for a developed country.
  2. Low-income growth in the USA is a significant issue, highlighting economic challenges faced by many. It's affecting overall prosperity and living standards.
  3. Electrification efforts have hit a roadblock, indicating that progress in energy transition is not happening as fast as needed. This could impact future sustainability initiatives.

Thinking about "temporary hardship"

Noahpinion • 12823 implied HN points • 31 Oct 24
🇺🇸 U.S. Politics Economy Deficits Government Public Policy
  1. The US economy is doing well, but the government has high borrowing and deficits that need to be addressed. People are worried about rising interest costs eating into the budget.
  2. Elon Musk is suggesting big cuts to federal spending to help reduce the deficit, which could lead to temporary economic hardship for many. This has raised questions about how much pain people might actually feel if these cuts happen.
  3. There's a debate over the best way to handle spending cuts and taxes. Some believe there are better methods to manage these changes without causing so much impact on everyday people, especially the poor and middle class.

Top Links 547 America's huge trade deficit. Hedge funds bet against green. Bout & the Houthis & the grate (sic) cheese robbery.

Chartbook • 357 implied HN points • 31 Oct 24
💰 Finance Trade Investments Economy Hedge Funds Deficits
  1. America's trade deficit widened significantly in September, which means the country is buying way more from other countries than it's selling.
  2. Hedge funds are making big bets against green investments, which suggests they believe these investments won't perform well in the future.
  3. There was a strange robbery involving 'grate cheese' and the Houthis, showing how unusual events can grab attention in the news.

How the New Deal Order fell

America in Crisis • 39 implied HN points • 20 Mar 23
🇺🇸 U.S. Politics Policy Presidents Deficits Vietnam War
  1. Elite acceptance of the New Deal paradigm started to break down during the 1960s, leading to significant policy shifts that impacted economic stability and inflation.
  2. The decline in US gold reserves and the failure to address fiscal deficits were key signals of the breakdown of the New Deal Order, highlighting the challenges in managing the economy.
  3. Policy decisions around taxation, military spending, and social programs during the era reshaped economic cultures and paved the way for the transition from the New Deal to the Neoliberal Order.
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