Tag: economics
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Economists Criticize ‘No Tax on Tips’ Policy Proposed by Trump and Harris, Highlight Potential Economic Pitfalls
The video discusses the proposals by former President Donald Trump and Vice President Kamala Harris to eliminate taxes on tips for service and hospitality workers, a policy that has garnered attention due to its potential implications on the economy, the federal budget, and the labor market. Economists and policy experts argue that such a tax…
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Evaluating the Economic Viability of the 2024 Paris Olympic Games: An Analysis with Professor Victor Maton
The 2024 Paris Olympic Games are under scrutiny regarding their economic viability. Professor Victor Maton from the College of the Holy Cross provides insights into the financial dynamics of hosting the Olympics, emphasizing the significant costs involved. Despite the trend of overspending, Paris is expected to fare better than previous hosts, potentially marking the first…
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Investors Skeptical of Fed’s Inflation Plan Despite Projected Interest Rate Hikes
Investors are showing skepticism towards the Federal Reserve’s (Fed) plans to raise U.S. interest rates by approximately one percent and maintain them until at least the end of 2023. This sentiment is reflected in the trading patterns observed in the Fed Funds Futures Market on the Chicago Mercantile Exchange, indicating a belief that the actual…