Deficit spending. The political norm in both the UK and US since the turn of the decade. At a time of spiralling inflation, the question of a link between deficits and inflation is once again coming into the fray. A huge increase in government spending and subsequent budget deficits arose prior to the inflation crisisContinue reading “Do Deficits cause Inflation?”
Tag Archives: us
Flourishing Floridian Economy
Florida: The Sunshine State. It’s clear why they boast one of the fastest growing populations across the US. Successive Republican governors have given Florida the tools to become one of the fastest-growing economies across the US. Perpetuated by a strong business environment through low tax burdens on citizens and corporations, Florida’s prosperity looks set toContinue reading “Flourishing Floridian Economy”
The Economic legacy of HW Bush
Succeeding Reagan was to be an almighty task for anyone. Following a decade of unparalleled growth and prosperity, a turn away from stagflation and the economic misery of the 70s, Vice-President George HW Bush took the reins of the Republican party and the Presidency following Reagan’s departure in 1988. Quite possibly the most qualified everContinue reading “The Economic legacy of HW Bush”
Biden’s backwards budget
On the 28th of March, President Biden set out his $5.8 trillion budget proposal for 2023. One of the largest in American history, this historic piece of legislation outlines $4.1 trillion as part of an American ‘Jobs and Rescue plan’ alongside an additional $1.7 trillion in discretionary spending. Proposed tax increases in this bill amountContinue reading “Biden’s backwards budget”
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