In this section you will be able to follow the discussion regarding the US economy, unemployment and jobs, US budget deficit, US debt burden, Government entitlements (Social Security & Medicare), and government impact on the economy (financial reform, government regulations, housing markets, and crumbling infrastructure -transportation). Since Trump's tax cut of 2017, much criticism has been about corporate stock re-purchases. These occur all the time, by the way, so it is not some unusual occurrence. In 2016, before Trump was elected, Disney bought back $7.5B of its stock. So, other than greed, why would a company buy back stock that it had sold?

How U.S. Households Got Turned Upside Down by Higher Interest Rates

from The Wall Street Journal,

A new reality has finally started to set in across American households: Higher interest rates are here to stay. The economy has held up relatively well ever since the Federal Reserve started aggressively raising rates early last year. Many households have breathing room because they locked in low rates on their mortgage or car loan before the rate increases started. And in at least one significant way, the high rates can help consumers: Savers can get more bang for their otherwise idle cash. With most FOMC members expecting rates still near 3% in 2026, they seem to think the natural rate of interest is higher. This increases the odds the Fed will have to raise its inflation target above the current 2%. But these higher-for-longer rates are starting to exact a toll on households that need to borrow now, especially for major purchases such as homes and cars. Those who have to rely on credit-card debt, where rates rise along with the market interest rates, are also feeling the bite.

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