Spending, Not Tax Cuts, Driving Deficit

by | Nov 19, 2018 | Economy

November 19, 2018 |Daniel A. White Here are a few quick facts… The federal budget deficit is $782 billion in 2018, which is up 17 percent from last year’s $666 billion shortfall. Federal revenues were up 1 percent over last year, which isn’t a lot, but it’s an...

Fed Cornered on Monetary Policy?

by | Nov 12, 2018 | Economy

November 12, 2018 |Daniel A. White Federal Reserve Chairman Jerome Powell is in a tough situation. Americans expect him to pull the right levers, so the economy remains strong and inflation doesn’t run rampant. That isn’t the tough part though. Every Fed chair is held...

Many Factors Drive Stock Shock

by | Nov 5, 2018 | Economy

November 5, 2018 |Daniel A. White Stocks have taken a big hit lately, and we’re all left wondering why. The Dow Jones Industrial Average hit an all-time high on October 3, climbing to 26,950. Since then, it’s been sharply lower and there are a few major reasons behind...

The Crushing Costs of College

by | Oct 22, 2018 | Economy

October 22, 2018 |Daniel A. White Student debt is exploding so much that it’s redefining the American Dream. Consider this – $1.5 trillion in student debt has become the second largest type of household debt, trailing only mortgages at $9 trillion. The amount of...

American Household Income at All-Time High

by | Oct 15, 2018 | Economy

October 15, 2018 |Daniel A. White Today I want to talk about some genuinely good news that everyone can get behind – the U.S. median household income reached an all-time high in 2017 at $61,372. It marks the fifth consecutive annual income increase, which is...

Slashing the Red Tape is Working

by | Oct 8, 2018 | Economy

October 8, 2018 |Daniel A. White Like him or hate him, President Trump is doing a great job on deregulation. He seems to get a bad rap no matter what, but on this one, he deserves credit. The federal fiscal year ended on September 30 with regulations being slashed at...