2019-01-06 08:39:00 Sun ET
treasury deficit debt employment inflation interest rate macrofinance fiscal stimulus economic growth fiscal budget public finance treasury bond treasury yield sovereign debt sovereign wealth fund tax cuts government expenditures
President Trump signs an executive order to freeze federal employee pay in early-2019. Federal employees face furlough or work without pay due to the government shutdown. Trump then pours salt into the wound by issuing an executive order that freezes federal pay for around 2 million public employees and contractors in early-2019. In effect, this executive order cancels the 2% pay increase for 2 million non-military federal workers, whereas, the same executive order has no impact on the 2.6% pay increase for military servants and soldiers.
This strategic move expands the prior Trump claim that he *would be proud to shut down the government for better border security*. Specifically, Trump demands $5 billion public finance for the southern border wall. The wall can help improve the domestic quality of health care, education, and many other public services for U.S. residents. So the $5 billion border wall tax becomes essential for overall domestic welfare in America.
On the other side of the same story, however, this executive order serves as a key Trump tactic that tilts Congress toward political compromise. The tense negotiation contributes to the Trump presidential campaign promise of better border security although most Americans blame President Trump for the government shutdown.
If any of our AYA Analytica financial health memos (FHM), blog posts, ebooks, newsletters, and notifications etc, or any other form of online content curation, involves potential copyright concerns, please feel free to contact us at service@ayafintech.network so that we can remove relevant content in response to any such request within a reasonable time frame.
2023-11-21 11:32:00 Tuesday ET

Nobel Laureate Paul Milgrom explains the U.S. incentive auction of wireless spectrum allocation from TV broadcasters to telecoms. Paul Milgrom (2019)
2017-08-01 09:40:00 Tuesday ET

In American states, all of the Top 4 richest people are self-made billionaires: Bill Gates in Washington, Warren Buffett in Nebraska, Michael Bloomberg in N
2018-06-01 07:30:00 Friday ET

The U.S. federal government debt has risen from less than 40% of total GDP about a decade ago to 78% as of May 2018. The Congressional Budget Office predict
2026-04-30 08:28:00 Thursday ET

In the current global market for better biotech advances, medical innovations, and healthcare services, the new integration of artificial intelligence (AI)
2018-08-21 11:40:00 Tuesday ET

President Trump criticizes his new Fed Chair Jerome Powell for accelerating the current interest rate hike with greenback strength. This criticism overshado
2019-09-25 15:33:00 Wednesday ET

Product market competition and online e-commerce help constrain money supply growth with low inflation. Key e-commerce retailers such as Amazon, Alibaba, an