There has been a lot of talk about the economy over the past forever. Politicians and political enthusiast on all sides of the political spectrum find the subject of US economics to be a constant hot button topic and with good reason. The economy of a nation is the lifeblood of a nation and mis-managing that is the simplest way to destroy a nation. That is a major political talking point in every election from dog catcher to president, and with the national debt soaring ever higher, its becoming an even stickier subject. That’s why when the CBO (congressional budget office) releases its long term budget outlook, it's a pretty big deal.
Today on Lessons from the Screen we will be taking a look at the CBO Long-Term Budget Outlook. What does it say, what does it mean, who does it, why we should care, and what should we do? We will try to touch on most of these subjects and a few more in our allotted time. Amidst everything else going on today this report is pretty significant and we should definitely analyze what it means. After you finish listening head to the website and let us know what you think, should we care, is it significant, what do you think we should do, should we do anything at all? In this episode of lessons from the screen we will be talking about The CBO 2018 Long-Term Budget Outlook Report.
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6/29/2018 12:23:21 pm
This matters most to the people in the middle trying to build wealth because the wealth builder knows it will become harder to build wealth solo. Rules and guidelines will become stricter for real estate ventures, business loans, and pretty much any program the government has in place to “assist” an individual with building wealth will have stricter rules, regulations, and guidelines because the government will not be able to afford to take losses. Mortgage rates will rise, property values will decreases, business and property taxes will increase and the bubble will burst.
6/29/2018 03:01:49 pm
Absolutely!!! Thank you for your comment and for listening!!!
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is a lover of learning and analyzer of anything that can be analyzed, even if it probably shouldn't be.