Joe CarsonJul 30, 2020Biggest Decline In Nominal Output & Income In Our LifetimeThe Bureau of Economic Analysis (BEA) estimated that Q2 Nominal GDP declined 34.3% annualized, the largest quarterly drop in our...
Joe CarsonJul 28, 2020"It's the Pandemic, Stupid" The Senate Republican proposed stimulus and relief proposal comes up short in many ways. The biggest blunder is that it has the wrong...
Joe CarsonJul 10, 2020Q2 Federal Withheld Income Tax Receipts Plunge A Record 25% From Year Ago LevelsIn Q2, federal withheld income tax receipts declined a record 25% from the same period one year ago. That’s twice the reported decline...