There’s been a lot of talk about the ever-growing U.S. federal deficit lately. That discussion has largely revolved around spending cuts. But the flip side of the issue— that is, increasing revenue — is largely ignored. We’ll get into what increasing the government’s revenue could look like and how an approaching expiration date for some Trump-era tax cut provisions could impact taxpayers in the coming years. Also, we’ll hear from UAW President Shawn Fain about the union’s tentative deal with Ford and the outsized CEO salaries that made headlines this year.
Here’s everything we talked about:
Join us tomorrow for Economics on Tap! The YouTube livestream starts at 3:30 p.m. Pacific time, 6:30 p.m. Eastern. We’ll have news, drinks, a game and more.
Less is not always more in economic data
Why the Fed won’t hop on the rate-cutting bandwagon just yet
What summer heat waves mean for prisons
The good, the bad and the ugly of election polling
A shadow looms over the Fed
The long game of high interest rates
The growing troubles at OpenAI
A Trump-Musk bromance
How Big Food changed the way we eat
Biden doubling down on tariffs
How the Palestinian financial system is tied up in Israel
Private equity, endless shrimp and Red Lobster’s decline
Neoliberalism’s sleight of hand
Getting deep about deepfakes
The price tag on friendship
Whaddya wanna know about key inflation measures?
The great Bumble fumble
From “Million Bazillion”: What are labor unions?
The value of “third places”
What grocery aisle gossip can tell us about the economy
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