According to a recent article on AccuWeather, the Los Angeles wildfires have caused an estimated $250 billion to $275 billion in damages and economic losses, making them one of the costliest natural disasters in history. The fires resulted in 24 deaths, the destruction of over 10,000 structures, and burned more than 40,000 acres. The economic...
According to a recent Fox News article, data from the Treasury Department shows that the United States national debt has surpassed $36 trillion. That landmark number comes just a couple months after the U.S. surpassed the $35 trillion mark. That number is significantly higher than four decades ago, where the national debt was approximately...
According to Reuters, President elect Donald Trump has pledged on the campaign trail that he would carry out "the largest deportation" in American history. Now that he has won, I am going to analyze the potential positive and negative economic impacts that the deportations could have. From an economic perspective, the proposed mass deportation plan...
*Note: This post will look at tariffs in an apolitical way, examining both the positives and negatives of them.