Government assistance in the pandemic has improved credit scores. Credit scores range from 300 to 850, with higher scores indicating that a borrower is more likely to make payments on time. Credit score developer Fair Isaac Corporation (FICO) reports that the average credit score in the United States is at an all-time high of 711. […]
Category Archives: US Economy
Opportunity Abides
Dennis asked: Where is our government getting all of this money it is giving to my neighbors and me? Am I right in assuming that the government is just printing, printing, printing more money to throw at the country to stimulate our economy? If so: What is going to happen to our economy in the […]
Posted in US Economy
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2016 Presidential Candidate Economic Platforms
Tomorrow is Super Tuesday, when ten states will vote to assign delegates to all remaining candidates running for president this year. The ten voting in both the Democratic and Republican races are Alabama, Arkansas, Georgia, Massachusetts, Minnesota, Oklahoma, Tennessee, Texas, Vermont, and Virginia. In addition to these ten voting for both sides, Alaska will vote […]
Also posted in Presidency, US politics
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The Changing American Economy
According to a recent Politico poll, the economy is voters’ top concern ahead of the 2014 midterm elections, ranking higher than national security. Yet campaign rhetoric is showcasing leaders unwilling to discuss the true state of the American economy. Incumbents point disingenuously to the falling unemployment rate as a positive, knowing full well it’s falling […]
The Great Reset Ahead
The following is adapted from this year’s Note 21 of The Kelly Letter, emailed to subscribers on April 7. Let’s recap how the United States got into the financial mess it’s in. In the modern era of Federal Reserve bailouts that began in the dot com bust of 2000, the Fed has expanded its balance […]
Also posted in Discussion of the Week, Sovereign Debt, US politics
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