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.
2019-12-25 19:46:00 Wednesday ET
Former White House chief economic advisor Nouriel Roubini discusses the major limits of central-bank-driven fiscal deficits. The International Monetary Fund
2017-01-27 17:19:00 Friday ET
Tony Robbins explains in his latest book on personal finance that *patience* is the top secret to successful stock investment. The stock market embeds an
2028-01-31 11:29:00 Monday ET
Today, the major passive index funds, private equity titans, hedge funds, and exchange funds etc combine to reshape Wall Street and several other global fin
2019-02-03 13:39:00 Sunday ET
It can be practical for the U.S. to impose the 2% wealth tax on the rich. Democratic Senator Elizabeth Warren proposes a 2% wealth tax on the richest Americ
2018-01-23 06:38:00 Tuesday ET
Amazon, Berkshire Hathaway, and JPMorgan Chase establish a new company to reduce U.S. employee health care costs in negotiations with drugmakers, doctors, a
2025-07-12 11:35:00 Saturday ET
Mitch Anthony explains why it is now more important for top sales leaders to apply social skills and emotional competences to fulfill customer needs, wants,