What Happened to the American Middle Class?
The American middle class is smaller than it was 50 years ago. Here is what happened, who benefited, and whether it can be rebuilt.
Fiscal strategy, monetary transmission, and the data behind market shifts.
The American middle class is smaller than it was 50 years ago. Here is what happened, who benefited, and whether it can be rebuilt.
Rent has increased faster than wages in nearly every US metro area. Here is who is responsible and what, if anything, can fix it.
The theory that cutting taxes for the wealthy creates growth that benefits everyone has been tested for 40 years. Here is what the evidence shows.
America is short roughly 4 million homes. This is the root cause of the housing affordability crisis — and it is almost entirely self-inflicted.
The Federal Reserve controls interest rates and the money supply, affecting every American's mortgage, job, and savings. Here is how it actually works.
US income inequality is at levels not seen since before the Great Depression. Here is what the data shows and why it matters for everyone.
BRICS nations are building alternative payment systems and countries are diversifying away from dollar reserves. Here is what is actually changing.
The Biden-era student loan forgiveness programs have been blocked, reversed, or gutted. Here is the current state of student debt relief.
The federal minimum wage has not been raised in 17 years. Here is how that happened and what it means.
US college tuition has grown 8x faster than inflation since 1980. Here is who is actually responsible — and what the solutions are.
Prices are high. Politicians blame each other. Here is what is actually driving inflation at the grocery store and everywhere else.
Unemployment is low. GDP is growing. So why does everyone feel broke? Here is the gap between the official numbers and economic reality.
Immigration is blamed for unemployment, lower wages, and housing costs. Here is what the economic research actually says.
The US spends more on healthcare than any country on earth and gets worse outcomes than most peers. Here is why.
Both sides claim their guy had the better economy. Here is what the data actually shows — without the spin.
American student loan debt has passed $1.7 trillion. Here is who owes it, why it got so large, what relief has been provided, and what is still being fought over.
The median age of a first-time homebuyer is now 40. Rents have spiked. Here is the real cause of the housing affordability crisis and why it is so politically difficult to solve.
The US wealth gap between the rich and everyone else has grown dramatically since the 1980s. Here is what the data shows, what caused it, and what economic and political consequences follow.
The US national debt has passed $36 trillion. Here is what it is, who we owe it to, whether it can be paid off, and what the actual risks are.
Stagflation — high inflation combined with stagnant growth — is the economic nightmare no policy tool handles well. We may be heading there.
The federal poverty line is set at a level most experts consider far too low to reflect actual economic hardship. Here is what it measures, who falls below it, and the real debate about measuring poverty in America.
Quantitative easing (QE) is how central banks inject money into the economy when interest rates can't go lower. Here is what it actually does, who benefits, and the criticism it deserves.
The administration says tariffs make China pay. The data says American consumers pay. Here is how tariffs actually work.
Trump treats the trade deficit as an emergency requiring tariffs. Most economists disagree. Here is what trade deficits actually measure, what causes them, and what tariffs actually do.
Trump calls it the Big Beautiful Bill. Here is what it actually does to the deficit, your taxes, and social programs.
AI is already eliminating some jobs while creating others. Here is what the research actually says about automation and employment — and why this time might genuinely be different.
Tariffs, consumer debt, and a slowing job market are flashing warning signs. Here is what the data actually says.
The biggest argument against a wealth tax is that wealthy people would just run away and move to another state or country, so the wealth tax would be...
Gas prices are a top political grievance. But blaming presidents for gas prices ignores basic petroleum economics. Here is what actually drives the price at the pump.
The US debt ceiling is a uniquely American self-sabotage mechanism that no other major democracy uses the same way. Here is why it exists, why it keeps causing crises, and why it is probably not going away.
Universal Basic Income has moved from a fringe idea to serious policy debate. Here is what the pilot programs actually found and whether it could work in the United States.
A lot of people assume that if something is popular or public, it must not be good—and that private is automatically better.
Trump has threatened to fire Federal Reserve Chair Jerome Powell. Here is what the law says, what the markets think, and why it matters for your wallet.
Extended mortgage and auto loan terms aim to delay housing stress, not improve affordability.