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.
2018-01-07 09:33:00 Sunday ET

Zuckerberg announces his major changes in Facebook's newsfeed algorithm and user authentication. Facebook now has to change the newsfeed filter to prior
2018-12-03 10:40:00 Monday ET

Bank of England publishes its latest insights into the economic impact of Brexit on British real productivity, capital investment, and labor supply as of 20
2018-09-09 13:42:00 Sunday ET

Warren Buffett shares his key insights into life, success, money, and interpersonal communication. Institutional money managers and retail investors ca
2019-11-03 12:30:00 Sunday ET

Chinese trade delegation offers to boost purchases of U.S. agricultural products to reach an interim trade deal with the Trump administration. Chinese Vice
2019-04-11 07:35:00 Thursday ET

European Central Bank designs its current monetary policy reaction function and interest rate forward guidance in response to key delays in inflation conver
2023-12-09 08:28:00 Saturday ET

International trade, immigration, and elite-mass conflict The elite model portrays public policy as a reflection of the interests and values of elites. I