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Join me for another one-on-one discussion with Beto O'Rourke.
Marc Goldwein is the Senior Vice President and Senior Policy Director for the Committee for a Responsible Federal Budget. The Fiscal Responsibility Act Builds Momentum on Needed Deficit Reduction
In this episode, our guests Pedro Antunes, Chief Economist of The Conference Board of Canada, and Kevin Page, founding President and CEO of the Institute of Fiscal Studies and Democracy at the University of Ottawa, discuss the evolving definition of fiscal responsibility in 2023. They address key issues such as the lack of consensus around debts and deficits, the influence of macroeconomic drivers on federal spending, the potential need for revenue increases, and the consequences of borrowing from future generations. They also provide advice to government policymakers as they navigate complex challenges like fiscal sustainability, growth, inflation, rising interest rates, war in Ukraine, climate change, and energy transition. About our guests:Pedro AntunesPedro Antunes is the Chief Economist and primary spokesperson at The Conference Board of Canada. He provides insights and general direction for the Board's economic products, including reports and economic indicators that relate to Canada and its regions and sectors. Pedro provides media interviews in English and French as well as expert testimony before parliamentary and senate committees. He is widely sought for speaking engagements and presentations to industry leaders and decision-makers on a broad range of issues and topics that impact Canadians.Kevin PageKevin Page is the founding President and CEO of the Institute of Fiscal Studies and Democracy at the University of Ottawa. Mr. Page was born in Fort William (Thunder Bay), Ontario. His undergraduate education took place at Lakehead University (Ontario) & Simon Fraser University (British- Columbia) and he has an M.A. in Economics from Queen's University, an Honorary Doctor of Laws from Lakehead University, and an Honorary Doctorate from the University of York (United Kingdom).Read more:The Conference Board of Canada's Economic Forecasting Unithttps://www.conferenceboard.ca/focus-areas/canadian-economics/Clean and Green but Not Very Lean: Our Analysis of the Federal Budget 2023https://www.conferenceboard.ca/insights/federal-budget-2023-analysis/Institute of Fiscal Studies and Democracy at the University of Ottawa https://www.ifsd.ca Thumbs up: Budget 2023 has a credible fiscal plan – deficit, spending are modesthttps://www.theglobeandmail.com/business/commentary/article-federal-budget-2023-fiscal-plan/ Budget 2023: Will the Government Stay the Course on Deficit Reduction?https://www.policymagazine.ca/author/kevin-page-with-alex-eikre-and-zhihan-li/
01/11/23: Joel is joined by former United States Senator, Kent Conrad, to have a discussion about the new legislative session and what we could expect to see regarding debt and the national budget. Former Senator Conrad served on the Senate Budget Committee, and also served as North Dakota's Tax Commissioner from 1981-1986. See omnystudio.com/listener for privacy information.
(9/21/22) The Fed is expected to hike interest rates another 75-basis points today. Meanwhile, the Dot Plot, consisting of the FOMC voting members' positions on interest rates, suggests rates will be at 4.25% by 2023, and remain there into 2024. Bonds are extremely cheap relative to stocks. This is debunking the TINA (There Is No Alternative) syndrome. As rates rise, those with pensions must consider whether taking monthly distributions or a lump sum is in their best interest. The fallacy of "deficit reduction;" the unintended consequences of government programs, good intentions, and bad outcomes. SEG-1: FOMC Meeting Preview & Dot Plot Predictions SEG-2: The Inflation Calculations Behind the Fed's Rate Hikes SEG-3: Pensions & Lump Sum Options - Why Interest Rates Matter SEG-4: Unintended Consequences of Government Programs Hosted by RIA Advisors Chief Investment Strategist Lance Roberts, CIO, w Senior Advisor, Danny Ratliff, CFP Produced by Brent Clanton, Executive Producer -------- Watch today's show on our YouTube channel: https://www.youtube.com/watch?v=cicHhGnamI8&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=2461s -------- Our Latest "Three Minutes on Markets & Money: Treasuries Respond to Fed's Rate Hike Binge" is here: https://www.youtube.com/watch?v=5QUp-riVZOI&list=PLVT8LcWPeAujOhIFDH3jRhuLDpscQaq16&index=1 -------- Our previous show is here: "Why Jerome Powell is Okay with "Below Trend" Growth" https://www.youtube.com/watch?v=2_eE2iVEa8Q&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=5s -------- Articles mentioned in this podcast: "Deficit Reduction. Is It Reality Or A Mirage?" https://realinvestmentadvice.com/deficit-reduction-is-it-reality-or-a-mirage-2/ -------- Get more info & commentary: https://realinvestmentadvice.com/newsletter/ -------- SUBSCRIBE to The Real Investment Show here: http://www.youtube.com/c/TheRealInvestmentShow -------- Visit our Site: www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to RIA Pro: https://riapro.net/home -------- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #InvestingAdvice #FOMC #InterestRateHike #JeromePowell #BondInvesting #PensionPayout #Inflation #Markets #Money #Investing
(9/15/22) Markets remain in a broad trading range, even as the Fed prepares for next week's FOMC Meeting: We're witnessing bear market behavior, grinding down investors. The VIX "fear gauge" is remarkably tame. Oil prices could rally to a range of $90-$95/bbl; Michael Lebowitz' motto shifts from "Don't Fight the Fed" to "Follow the Fed," and note its bullish- or bearish-stances. The Fed today (9/15) begins its quantitative tightening. There's no perceptible change in Fed stance: Get rates as high as needed as fast as possible; today's inflation is not the same as in the '70's; the problem with trailing indicators; What will the Fed do next (and note that they don't have to wait until the next meeting to move rates.) Investor navigation is a matter of recognizing the trends. SEG-1: Fed-Speak Preview, Volatility, & Bear Market Behavior SEG-2: Follow the Fed SEG-3: Next FOMC Meeting: How high, How fast? SEG-4: How to Navigate Fed Waters RIA Advisors Chief Investment Strategist Lance Roberts, CIO, w Senior Advisor, Danny Ratliff, CFP Produced by Brent Clanton, Executive Producer -------- Watch today's show on our YouTube channel: https://www.youtube.com/watch?v=wlru4UOaWiY&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=934s -------- Our Latest "Three Minutes on Markets & Money: Could Oil Rally to $95-barrel?" is here: https://www.youtube.com/watch?v=-CsTiQCB9-E&list=PLVT8LcWPeAujOhIFDH3jRhuLDpscQaq16&index=1 -------- Our previous show is here: "How CPI Will Impact Social Security COLA" https://www.youtube.com/watch?v=-skrZRueDQM&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=7s -------- Articles mentioned in this podcast: "Biden's Stimulus Will Cut Poverty By 40% – For One Year." https://realinvestmentadvice.com/bidens-stimulus-will-cut-poverty-by-40-for-one-year/ "Deficit Reduction. Is It Reality Or A Mirage?" https://realinvestmentadvice.com/deficit-reduction-is-it-reality-or-a-mirage-2/ -------- Get more info & commentary: https://realinvestmentadvice.com/newsletter/ -------- SUBSCRIBE to The Real Investment Show here: http://www.youtube.com/c/TheRealInvestmentShow -------- Visit our Site: www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to RIA Pro: https://riapro.net/home -------- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #InvestingAdvice #FederalReserve #InterestRates #CPI #Inflation #CrudeOilPrices #Markets #Money #Investing
(9/15/22) Markets remain in a broad trading range, even as the Fed prepares for next week's FOMC Meeting: We're witnessing bear market behavior, grinding down investors. The VIX "fear gauge" is remarkably tame. Oil prices could rally to a range of $90-$95/bbl; Michael Lebowitz' motto shifts from "Don't Fight the Fed" to "Follow the Fed," and note its bullish- or bearish-stances. The Fed today (9/15) begins its quantitative tightening. There's no perceptible change in Fed stance: Get rates as high as needed as fast as possible; today's inflation is not the same as in the '70's; the problem with trailing indicators; What will the Fed do next (and note that they don't have to wait until the next meeting to move rates.) Investor navigation is a matter of recognizing the trends. SEG-1: Fed-Speak Preview, Volatility, & Bear Market Behavior SEG-2: Follow the Fed SEG-3: Next FOMC Meeting: How high, How fast? SEG-4: How to Navigate Fed Waters RIA Advisors Chief Investment Strategist Lance Roberts, CIO, w Senior Advisor, Danny Ratliff, CFP Produced by Brent Clanton, Executive Producer -------- Watch today's show on our YouTube channel: https://www.youtube.com/watch?v=wlru4UOaWiY&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=934s -------- Our Latest "Three Minutes on Markets & Money: Could Oil Rally to $95-barrel?" is here: https://www.youtube.com/watch?v=-CsTiQCB9-E&list=PLVT8LcWPeAujOhIFDH3jRhuLDpscQaq16&index=1 -------- Our previous show is here: "How CPI Will Impact Social Security COLA" https://www.youtube.com/watch?v=-skrZRueDQM&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=7s -------- Articles mentioned in this podcast: "Biden's Stimulus Will Cut Poverty By 40% – For One Year." https://realinvestmentadvice.com/bidens-stimulus-will-cut-poverty-by-40-for-one-year/ "Deficit Reduction. Is It Reality Or A Mirage?" https://realinvestmentadvice.com/deficit-reduction-is-it-reality-or-a-mirage-2/ -------- Get more info & commentary: https://realinvestmentadvice.com/newsletter/ -------- SUBSCRIBE to The Real Investment Show here: http://www.youtube.com/c/TheRealInvestmentShow -------- Visit our Site: www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to RIA Pro: https://riapro.net/home -------- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #InvestingAdvice #FederalReserve #InterestRates #CPI #Inflation #CrudeOilPrices #Markets #Money #Investing
(9/14/22) With the latest CPI print at 8.3%, the odds of bigger interest rate increases by the Fed just got better; markets are still within a rising bottom trendline against a declining line of bullishness: Decision time is coming this week, as volatility remains confined. Inflation actually slowed from this time last year; what if you could get more for your money? Lump-sum Pension or long-term payout? How CPI will impact Social Security COLA adjustments; how inflation will hasten Social Security insolvency; the difference between CPI-W & CPI-E and why it matters. Is Social Security welfare or entitlement? Why solutions for "fixing" Social Security are unelectable. The $96-T un-funded liability. The problem w student loan forgiveness. How Joe Biden's Stimmie Checks fulfilled our poverty prophecy; dancing across the poverty line. Pre-market commentary; FAFSA Lunch & Learn preview. SEG-1: The Odds of More Aggressive Rate Hikes Just Increased SEG-2: What If You Could Get More on Your Money? SEG-3: How Inflation Accelerates SS Insolvency SEG-4: Dancing Across the Poverty Line RIA Advisors Chief Investment Strategist Lance Roberts, CIO, w Senior Advisor, Danny Ratliff, CFP Produced by Brent Clanton, Executive Producer -------- Watch today's show on our YouTube channel: https://www.youtube.com/watch?v=-skrZRueDQM&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=2673s -------- Our Latest "Three Minutes on Markets & Money: Financial Media Goes Nuts Over CPI" is here: https://www.youtube.com/watch?v=2qW7paPBP1g&list=PLVT8LcWPeAujOhIFDH3jRhuLDpscQaq16&index=1 -------- Our previous show is here: "8.3% Inflation: Thinking Ahead of the Fed" https://www.youtube.com/watch?v=SXvSzlIiwCw&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1 -------- Articles mentioned in this podcast: "Biden's Stimulus Will Cut Poverty By 40% – For One Year." https://realinvestmentadvice.com/bidens-stimulus-will-cut-poverty-by-40-for-one-year/ "Deficit Reduction. Is It Reality Or A Mirage?" https://realinvestmentadvice.com/deficit-reduction-is-it-reality-or-a-mirage-2/ -------- Get more info & commentary: https://realinvestmentadvice.com/newsletter/ -------- SUBSCRIBE to The Real Investment Show here: http://www.youtube.com/c/TheRealInvestmentShow -------- Visit our Site: www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to RIA Pro: https://riapro.net/home -------- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #InvestingAdvice #CPI #Inflation #InterestRates #StudentFinancialAid #FAFSA #CollegeLoans #FederalReserve #Markets #Money #Investing
(9/14/22) With the latest CPI print at 8.3%, the odds of bigger interest rate increases by the Fed just got better; markets are still within a rising bottom trendline against a declining line of bullishness: Decision time is coming this week, as volatility remains confined. Inflation actually slowed from this time last year; what if you could get more for your money? Lump-sum Pension or long-term payout? How CPI will impact Social Security COLA adjustments; how inflation will hasten Social Security insolvency; the difference between CPI-W & CPI-E and why it matters. Is Social Security welfare or entitlement? Why solutions for "fixing" Social Security are unelectable. The $96-T un-funded liability. The problem w student loan forgiveness. How Joe Biden's Stimmie Checks fulfilled our poverty prophecy; dancing across the poverty line. Pre-market commentary; FAFSA Lunch & Learn preview. SEG-1: The Odds of More Aggressive Rate Hikes Just Increased SEG-2: What If You Could Get More on Your Money? SEG-3: How Inflation Accelerates SS Insolvency SEG-4: Dancing Across the Poverty Line RIA Advisors Chief Investment Strategist Lance Roberts, CIO, w Senior Advisor, Danny Ratliff, CFP Produced by Brent Clanton, Executive Producer -------- Watch today's show on our YouTube channel: https://www.youtube.com/watch?v=-skrZRueDQM&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=2673s -------- Our Latest "Three Minutes on Markets & Money: Financial Media Goes Nuts Over CPI" is here: https://www.youtube.com/watch?v=2qW7paPBP1g&list=PLVT8LcWPeAujOhIFDH3jRhuLDpscQaq16&index=1 -------- Our previous show is here: "8.3% Inflation: Thinking Ahead of the Fed" https://www.youtube.com/watch?v=SXvSzlIiwCw&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1 -------- Articles mentioned in this podcast: "Biden's Stimulus Will Cut Poverty By 40% – For One Year." https://realinvestmentadvice.com/bidens-stimulus-will-cut-poverty-by-40-for-one-year/ "Deficit Reduction. Is It Reality Or A Mirage?" https://realinvestmentadvice.com/deficit-reduction-is-it-reality-or-a-mirage-2/ -------- Get more info & commentary: https://realinvestmentadvice.com/newsletter/ -------- SUBSCRIBE to The Real Investment Show here: http://www.youtube.com/c/TheRealInvestmentShow -------- Visit our Site: www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to RIA Pro: https://riapro.net/home -------- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #InvestingAdvice #CPI #Inflation #InterestRates #StudentFinancialAid #FAFSA #CollegeLoans #FederalReserve #Markets #Money #Investing
(9/13/22) All eyes are on today's CPI Report (clocking-in at 8.3% Inflation) and its effects on the economy: What are the numbers within the number, and why does it matter? What will be the Fed's response, and what will it take for the Fed to ease up on rate hikes? The dichotomy of views among Bears vs Bulls: the problem of timing and duration; after 3 Bull Markets, why are 80% of Americans still broke? The White Multi-millionaire Minority. Dealing with short-term market-cycles, and thinking ahead of the Fed: What's the best strategy for Recession? Markets FOMO on potential Fed pivot; trade the market for what it is, not what we wish it was. CPI Preview: Too hot not good for stocks: Fed will continue rate hikes. Has the deficit really been reduced as claimed? SEG-1: The Numbers Within the CPI Number SEG-2: The Dichotomy of Bearish & Bullish Views SEG-3: Thinking Ahead of the Fed SEG-4: CPI Preview; Has the Deficit Been Reduced, as Claimed? RIA Advisors Chief Investment Strategist Lance Roberts, CIO Produced by Brent Clanton, Executive Producer -------- Watch today's show on our YouTube channel: https://www.youtube.com/watch?v=SXvSzlIiwCw&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1 -------- Our Latest "Three Minutes on Markets & Money: August Hotter Than Expected" is here: https://www.youtube.com/watch?v=JCEwcUlPicw&list=PLVT8LcWPeAujOhIFDH3jRhuLDpscQaq16&index=1 -------- Our previous show is here: "The "Cash on the Sideline" Myth" https://www.youtube.com/watch?v=bICNrkKrAF8&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=2742s -------- Articles mentioned in this podcast: "Five for Friday: Staples Worth Following" https://simplevisorinsights.com/five-for-friday-staples-worth-following [NOTE: SimpleVisor registration required] "Deficit Reduction. Is It Reality Or A Mirage?" https://realinvestmentadvice.com/deficit-reduction-is-it-reality-or-a-mirage-2/ -------- Get more info & commentary: https://realinvestmentadvice.com/newsletter/ -------- SUBSCRIBE to The Real Investment Show here: http://www.youtube.com/c/TheRealInvestmentShow -------- Visit our Site: www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to RIA Pro: https://riapro.net/home -------- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #InvestingAdvice #CPI #Inflation #InterestRates #EnergyCosts #FederalReserve #Markets #Money #Investing
(9/13/22) All eyes are on today's CPI Report (clocking-in at 8.3% Inflation) and its effects on the economy: What are the numbers within the number, and why does it matter? What will be the Fed's response, and what will it take for the Fed to ease up on rate hikes? The dichotomy of views among Bears vs Bulls: the problem of timing and duration; after 3 Bull Markets, why are 80% of Americans still broke? The White Multi-millionaire Minority. Dealing with short-term market-cycles, and thinking ahead of the Fed: What's the best strategy for Recession? Markets FOMO on potential Fed pivot; trade the market for what it is, not what we wish it was. CPI Preview: Too hot not good for stocks: Fed will continue rate hikes. Has the deficit really been reduced as claimed? SEG-1: The Numbers Within the CPI Number SEG-2: The Dichotomy of Bearish & Bullish Views SEG-3: Thinking Ahead of the Fed SEG-4: CPI Preview; Has the Deficit Been Reduced, as Claimed? RIA Advisors Chief Investment Strategist Lance Roberts, CIO Produced by Brent Clanton, Executive Producer -------- Watch today's show on our YouTube channel: https://www.youtube.com/watch?v=SXvSzlIiwCw&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1 -------- Our Latest "Three Minutes on Markets & Money: August Hotter Than Expected" is here: https://www.youtube.com/watch?v=JCEwcUlPicw&list=PLVT8LcWPeAujOhIFDH3jRhuLDpscQaq16&index=1 -------- Our previous show is here: "The "Cash on the Sideline" Myth" https://www.youtube.com/watch?v=bICNrkKrAF8&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=2742s -------- Articles mentioned in this podcast: "Five for Friday: Staples Worth Following" https://simplevisorinsights.com/five-for-friday-staples-worth-following [NOTE: SimpleVisor registration required] "Deficit Reduction. Is It Reality Or A Mirage?" https://realinvestmentadvice.com/deficit-reduction-is-it-reality-or-a-mirage-2/ -------- Get more info & commentary: https://realinvestmentadvice.com/newsletter/ -------- SUBSCRIBE to The Real Investment Show here: http://www.youtube.com/c/TheRealInvestmentShow -------- Visit our Site: www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to RIA Pro: https://riapro.net/home -------- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #InvestingAdvice #CPI #Inflation #InterestRates #EnergyCosts #FederalReserve #Markets #Money #Investing
The idea that Democrats somehow turned into deficit hawks was always ridiculous, but to fully undo the supposed deficit reduction just over a week after the Inflation Reduction Act was signed into law shows true shamelessness.
The Deficit Reduction Act may be a BIG political win for President Joe Biden and Democrats in the House and Senate, but it will also help us. It will lower health care costs for millions of Americans and create millions of "Clean Energy Jobs " yes! it will reduce the deficit. Don't listen to the right-wing pundits. The deficit will be lowered by 3.2 billion bucks over ten years. It earmarks money for electric cars, solar panels, and massive battery plants; it protects 2 million acres of National Forests. All this and more is part of the most significant Global Warming legislation ever created by the United States. Finally, the measure raises taxes for the largest corporations in America. These are businesses that paid $0 in Taxes in 2021. You will increase your taxes if you make $400,000.00 a year or more. President Biden will sign the bill today, Tuesday, August 16. I'll be posting links and additional information on the D.R.A. on gloriamoraga.com.
Listen to the August 12th, 2022 daily headline round-up and find all the top news that you need to know.
Our guest today includes Greg Wrightstone author of Inconvenient Facts. If you want t obuy the book go to inconvenientfacts.xyz. Follow the show on Twitter @TMSPrestonScott. Check out Preston's latest blog by going to wflafm.com/preston. Listen live to Preston from 6 – 9 a.m. ET and 5 – 8 a.m. CT!WFLA Tallahassee Live stream: https://ihr.fm/3huZWYeWFLA Panama City Live stream: https://ihr.fm/34oufeRFollow WFLA Tallahassee on Twitter @WFLAFM and WFLA Panama City @wflapanamacity and like us on Facebook at @wflafm and @WFLAPanamaCity.
The Inflation Reduction Act concocted by Senate Majority Leader Chuck Schumer and Democratic maverick Joe Manchin is being rushed through Congress in the hopes of a quick passage before people realize what is actually in the bill and what it means in terms of reducing inflation. In this podcast, the Edifice of Trust host, Victor Bolles, looks at the underlying causes of inflation and why the Inflation Reduction Act has little chance to actually reduce inflation.
(5/16/22) Markets' performance last week would tend to set-up for an opportunity to rally--but will it stick? Analysts' earnings estimates are still way too high; comparing nuclear explosions, road trip cuisine vs gas station food; what we don't want to see today. Markets are doing their best to frustrate investors; use the coming rally to correct mistakes. The saga of Chicken Salad Chick; Why Joe Biden's Deficit Reduction plan will fail; fun with Math, California doubles down on inflationary policies; why we have inflation. Why the pandemic Bike boom is going bust; The Bitcoin price collapse: reconsider your thesis. Will advisors embrace cryptocurrency as an investment asset? SEG-1: Why the Market is Like Kim Kardashian's Butt SEG-2: Nuclear Explosions, Gas Station Food, & What We Don't Want to See Today SEG-3: Joe Biden's Deficit Reduction Plan SEG-4: Bike Boom Goes Bust; The Cryptocurrency Crusades Hosted by RIA Advisors Chief Investment Strategist Lance Roberts, CIO -------- Watch today's show on our YouTube channel: https://www.youtube.com/watch?v=A69ZDaGLq6s&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=999s -------- Our Latest "Three Minutes on Markets & Money: What do Kim Kardashian & The Market Have in Common?" is here: https://www.youtube.com/watch?v=MqRelnC2oZs&list=PLVT8LcWPeAujOhIFDH3jRhuLDpscQaq16&index=1 -------- Our previous show, "Inflation: The Hotter the Better?," is here: https://www.youtube.com/watch?v=efklhOarIxg&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1 -------- Get more info & commentary: https://realinvestmentadvice.com/newsletter/ -------- SUBSCRIBE to The Real Investment Show here: http://www.youtube.com/c/TheRealInvestmentShow -------- Visit our Site: www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to RIA Pro: https://riapro.net/home -------- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #Bitcoin #Cryptocurrency #Stablecoin #MarketBottom #KimKardashian #JoeBiden #BikeBoom #BearMarket #Markets #Money #Investing
(5/16/22) Markets' performance last week would tend to set-up for an opportunity to rally--but will it stick? Analysts' earnings estimates are still way too high; comparing nuclear explosions, road trip cuisine vs gas station food; what we don't want to see today. Markets are doing their best to frustrate investors; use the coming rally to correct mistakes. The saga of Chicken Salad Chick; Why Joe Biden's Deficit Reduction plan will fail; fun with Math, California doubles down on inflationary policies; why we have inflation. Why the pandemic Bike boom is going bust; The Bitcoin price collapse: reconsider your thesis. Will advisors embrace cryptocurrency as an investment asset? SEG-1: Why the Market is Like Kim Kardashian's Butt SEG-2: Nuclear Explosions, Gas Station Food, & What We Don't Want to See Today SEG-3: Joe Biden's Deficit Reduction Plan SEG-4: Bike Boom Goes Bust; The Cryptocurrency Crusades Hosted by RIA Advisors Chief Investment Strategist Lance Roberts, CIO -------- Watch today's show on our YouTube channel: https://www.youtube.com/watch?v=A69ZDaGLq6s&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=999s -------- Our Latest "Three Minutes on Markets & Money: What do Kim Kardashian & The Market Have in Common?" is here: https://www.youtube.com/watch?v=MqRelnC2oZs&list=PLVT8LcWPeAujOhIFDH3jRhuLDpscQaq16&index=1 -------- Our previous show, "Inflation: The Hotter the Better?," is here: https://www.youtube.com/watch?v=efklhOarIxg&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1 -------- Get more info & commentary: https://realinvestmentadvice.com/newsletter/ -------- SUBSCRIBE to The Real Investment Show here: http://www.youtube.com/c/TheRealInvestmentShow -------- Visit our Site: www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to RIA Pro: https://riapro.net/home -------- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #Bitcoin #Cryptocurrency #Stablecoin #MarketBottom #KimKardashian #JoeBiden #BikeBoom #BearMarket #Markets #Money #Investing
President Joe Biden on Wednesday highlighted new figures showing the government's red ink will grow less than expected this year and the national debt will shrink this quarter as he tried to counter criticism of his economic leadership amid growing dismay over inflation going into midterm elections that will decide control of Congress.Biden, embracing deficit reduction as a way to fight inflation, stressed that the dip in the national debt would be the first in six years, an achievement that eluded former President Donald Trump despite his promises to improve the federal balance sheet.“The bottom line is the deficit went up every year under my predecessor before the pandemic and during the pandemic. It has gone down both years since I've been here,” Biden said. “Why is it important? Because bringing down the deficit is one way to ease inflationary pressures.”The president is placing a renewed emphasis on reducing the deficit — which is the gap between what the nation spends and what it takes in — in order to blunt Republican criticism that the $1.9 trillion coronavirus relief package has left the U.S. economy worse off. It's an attempt to burnish his credentials as a responsible steward of the economy while trying to fend off criticism about inflation at a 40-year high. The reopening of the economy coming out of the coronavirus pandemic and the commodity squeeze resulting from the Russia-Ukraine war has made high prices a key political risk for Democrats.But it is unclear if greater fiscal responsibility can deliver politically for Biden as Democrats try to defend their control of the House and Senate. His two most recent Democratic predecessors, Bill Clinton and Barack Obama, also cut budget deficits, only to leave office and see their Republican successors use the savings on tax cuts.
The proposal would increase spending on defense and domestic programs, while increasing taxes on corporations and the wealthy; Republicans criticize proposal as harmful to the economy; markets rally as Russia, Ukraine meet for talks; Russia announces third bond payment
The Unit 5 school district was supposed to be considering deficit reduction measures this fall, but has pushed that off until the spring. Two superintendents and at least three board presidents have avoided dealing with a structural imbalance that now stands at $13 million.
This "Brexit Musing" episode features PwC's Mary Shelton Rose, Partner, Regional Vice Chair and US Brexit Response leader and Mark Prater, Managing Director, Tax Policy Service Group within the National Tax Services group as they “muse” about the potential impacts of a deal or no-deal within a Biden Administration. Mary Shelton Rose, Vice Chairman, Client Service, for markets in the East Region of the United States, Mary is responsible for the development of committed relationships between clients and our firm for a broad range of assurance, tax, and advisory services. In addition to the Vice Chairman role, Mary is the leader of the PwC US Brexit Response office. In this role, Mary leads a team of professionals focused on helping US-based clients navigate the risks and opportunities around Brexit.In her more than 29 years of professional experience at PwC, Mary has served key clients across a variety of industries in the areas of technology, consumer markets, entertainment, media and telecommunications industries.Over the course of her career, she has led or participated in consulting engagements involving financial and operational due diligence, design and implementation of governance structures and target operating models, human capital organizational design and deployment, profitability analyses, industry/market research, financial modeling and forecasting, statistical analyses, valuations, contract management and forensic investigations. Prior, Mary served as the East Region Advisory Leader.As a recognized thought leader and industry expert on entertainment and media, Mary has been invited as a guest speaker for industry forums, including the Variety Entertainment and Technology Summit and the Digital Entertainment Group Annual Forum.Mary holds a B.S. and a Masters in accounting from the University of North Carolina at Chapel Hill and is a licensed CPA in California and North Carolina. As a proud graduate, Mary was the MAC commencement address keynote speaker for 2017. Currently, Mary is on the board of trustees for The Fletcher School.Mark Prater is a Managing Director in the Tax Policy Services (TPS) group of PwC's Washington National Tax Services (WNTS) practice. In his role, Mark advises clients with respect to tax policy issues and tax legislation with a concentration on the Tax Cuts and Jobs Act of 2017.Prior to joining PwC Mark served as a Chief Tax Counsel and later a Deputy Staff Director on the Republican staff of the Senate Finance Committee. Mark was selected as Staff Director for the Joint Select Committee on Deficit Reduction, (“JSCDR”) i.e. the Super Committee.Mark Prater graduated from Portland State University with a B.S. in accounting and obtained a J.D. from Willamette University and an LL.M. in Taxation from the University of Florida.
Consumer Choice Radio, hosted by Yaël Ossowski (@YaelOss) & David Clement (@ClementLiberty). INTERVIEW: Mark Sanford (@MarkSanford) – Executive Director of Americans for Debt and Deficit Reduction, Former Governor of South Carolina, Former U.S. Rep. (SC-1). afddr.org TOPICS 00:00 - Intro 01:09 - Life after politics, reflections 2:00 - The founding of Americans for Debt and Deficit Reduction 3:31 - Running for President in 2020 to push reduce the debt 3:50 - The Consequences of Debt: History from Weimar Germany and Beyond 07:16 - Trump, the GOP, and Why Deficits Didn't Matter For Them 09:48 - The importance of federalism and term limits for politicians 10:40 - Rejecting the Obama stimulus package of $800 million 11:49 - Diffused costs and concentrated benefits of bailouts 12:00 - The state debts and the coming state bailout will be ruinous Broadcast on The Big Talker 106.7 WFBT FM on October 24, 2020. Watch the clip on YouTube: https://youtu.be/Mct3-4fM9XA Website: http://consumerchoiceradio.com Apple: http://apple.co/2G7avA8 Spotify: http://spoti.fi/3iXIKIS Support the show: http://consumerchoicecenter.org/donate See omnystudio.com/listener for privacy information.
Kenya finance ministry plans to set a budget deficit of 4.9% of GDP in the fiscal year to June 2021, down from 6.3% this financial year. the plan could culminate in the deficit dropping to below 4%, the IMF said in a statement released at the end of a two- week mission to Kenya. --- Support this podcast: https://anchor.fm/newscast-africa/support Learn more about your ad choices. Visit megaphone.fm/adchoices
The ex-congressman and talk show host thinks he can save the Republican Party.
Chase is joined on the show by Concord Coalition Executive Director Bob Bixby and economist Diane Lim for the next "Economist Mom" segment. They discuss the psychology of deficit reduction and fiscal policy.
Congressman Brian Higgins (D-N.Y.), the vice-ranking member on the House Ways and Means Committee, joins Rick Ungar and guest co-host Rick Tyler to talk about the state of play on tax reform now that the Senate has passed a budget resolution. Dr. John Abromeit, a history professor at SUNY Buffalo, jumps on with the guys to discuss a surprising new poll that says economics may not be the primary driver of populism.
WASHINGTON, DC – With America's debt at historic levels and the Joint Select Committee on Deficit Reduction meeting to determine where the federal budget can be cut, The Ripon Society held a breakfast meeting with seven members of the House Appropriations Committee, who discussed “Appropriations in the Age of Austerity” and how their panel is working to get federal spending under control while also making sure that important national priorities are met. The seven Members speaking at the breakfast were Representatives John Carter (TX-31), Charlie Dent (PA-15), Cynthia Lummis (WY- AL), Steve Austria (OH-7), Alan Nunnelee (MS-1), Steve Womack (AR-3) and Kevin Yoder (KS-3).
UK needs ‘more visible engagement’ in Europe
Retired Naval Commander Leah Bolger who is a peace activist and the President of Veterans For Peace, interrupted a public hearing of the Joint Select Committee on Deficit Reduction, commonly known as the Super Committee on October 26th, 2011 . Listen as we discuss what inspired her to stand up, her experience in the court room, and what she plans to do next.
Retired Naval Commander Leah Bolger who is a peace activist and the President of Veterans For Peace, interrupted a public hearing of the Joint Select Committee on Deficit Reduction, commonly known as the Super Committee on October 26th, 2011 . Listen as we discuss what inspired her to stand up, her experience in the court room, and what she plans to do next.
Michael J. Novogradac, CPA, discusses the members appointed to the Joint Select Committee on Deficit Reduction, and an update on the ongoing discussions about tax reform. Then, he discusses the IRS's updated procedures and resources for its Tax Exempt Bond Voluntary Closing Agreement Program, and the invitation for public input on new options for selling single-family real estate owned properties held by Fannie Mae and Freddie Mac and the Federal Housing Administration. He also shares two state-level updates: one about redevelopment agencies in California and another about the new Louisiana Housing Corporation. He also discusses the CDFI Fund's Health Food Financing Initiative; applications for Maryland's state historic preservation tax credit; and the formation of a task force that will serve as the central managing office for the development of large-scale renewable energy projects for the United States Army.
Michael J. Novogradac, CPA, discusses the members appointed to the Joint Select Committee on Deficit Reduction, and an update on the ongoing discussions about tax reform. Then, he discusses the IRS's updated procedures and resources for its Tax Exempt Bond Voluntary Closing Agreement Program, and the invitation for public input on new options for selling single-family real estate owned properties held by Fannie Mae and Freddie Mac and the Federal Housing Administration. He also shares two state-level updates: one about redevelopment agencies in California and another about the new Louisiana Housing Corporation. He also discusses the CDFI Fund's Health Food Financing Initiative; applications for Maryland's state historic preservation tax credit; and the formation of a task force that will serve as the central managing office for the development of large-scale renewable energy projects for the United States Army.
Compromise or Concessions at What Price ? OUR COMMON GROUND SPECIAL Hosted by Janice Graham and Dr. Wilmer Leon 10 pm ET "Compromise or Concessions at Whatt Price? " is a commentary published by by Dr. Wilmer Leon, host "Inside the Issues with Wilmer Leon", XM/Sirius Radio. Tonight, in this Special Broadcast, we discuss these implications with you. Dr. Leon and Janice will host a discussion of the commentary, taking your calls and analysis of the impact of the deficit ceiling deal made by the President. Live and Call-In 10pm ET Read the full commentary here.
8 AM - More on drama at the playground; Herm Cain was talking illegal immigration; Fox Business' Peter Barnes talks with us about deficit reduction.
Dr. Mary Ferguson-Paré is the Vice President, Professional Affairs and Chief Nurse Executive, UHN Tuesday, April 21, 2009
Bernard A. Krooks, LISI's ElderCare Law Newsletter Editor and founding member of Littman Krooks, LLP with offices in New York City and White Plains, N.Y., discusses the significant changes to Medicaid rules in the Deficit Reduction Act of 2005 (DRA) that was signed into law on Wednesday, February 8th, 2006. This Podcast is sponsored by Leimberg Information Services, Inc. at http://www.leimbergservices.com Please visit our software, books, and PowerPoint Presentations site at http://www.leimberg.com