Through massive pandemic aid, the 2020 CARES Act ballooned the federal deficit. With spending far exceeding revenue, the difference was $2.8 trillion: Now, President-elect Biden has proposed a new $1.9 trillion relief package. It includes payments to Americans who…
Twice last year– during February and August–we shared six facts about Social Security. Now, disagreeing with the Social Security Trustees 2018 Report, economists at the University of Pennsylvania suggest the program is in worse shape than we think. Social Security…
On average, we are eating close to 35 pounds of cheese a year. (And some of us, like me, consume much more.) To see why, our story starts with Domino’s and ends with the federal budget. A Cheesier Pizza Knowing…
Through just two graphs, one chart and a game, you can learn all you need to know about federal deficits, surpluses and the federal debt,
econlife®
Connecting economics with everyday life.
Located at the intersection of current events, history, and economics, econlife® slices away all of the layers that make economics boring and complex. We like economics and we would like for you to like it too.
