A 3% drop in the S&P 500 is not a “collapse” unless the U.S. economy has collapsed dozens of times in the last decade
American Economics Thread
- Thread starter Bernard
- Start date
Interesting research on immigration where declines in immigration hurt everyone economically due to less business scale and specialization and that estimates in the fiscal impact on immigration are lowballed because they don’t account for the increase in capital income from immigration that accrues to employers
supercat
Major
The US' manufacturing PMI dropped to 46.8 in July. Maybe that's one of the reasons there is some fear of recession.
US college tuition prices have remained steady over the last number of years. Instead, U.S. colleges have implemented a price discrimination policy where there is a high sticker price where only children from high income families pay and low income families pay less due to need based financial assistance. This helps ensure limited state fiscal resources are spent solely on those that need it most without excessive spending on families that do not need fiscal transfers