This week’s Courier Herald column: The United States Economy shrank .9% for the second quarter of this year, according to the Commerce Department. This follows a contraction of 1.6% in the first quarter. Economists generally consider two consecutive quarters of decline as the definition of recession. Officially, the National Bureau of Economic Research declares whether
This week’s Courier Herald column: Every year, usually during the first week the Georgia General Assembly convenes, the Governor delivers a state of the state address. It, much like the President’s State of the Union speech, is often a mix of how things are, with a heavier emphasis on the agenda the executive branch would
This week’s Courier Herald column: As this column is filed, President Joe Biden is en route to the Middle East. With domestic policy dominated by increasing inflation, the trip will highlight U.S. economic and security interests via Israel’s role within the region, Iran’s march toward obtaining nuclear weapons, and the headline issue, getting Saudi Arabia
This week’s Courier Herald column: In the past few weeks I’ve written a series of columns that have attempted to explain the current economic conditions, what the Federal Reserve is doing to combat inflation and the likely implications of their moves, and tried to break down the formal economic terms we hear and read in
This week’s Courier Herald column: The Federal Reserve, ignoring the simulative fiscal policies of the past few years, chose to ignore the early signs of inflation and called it “transitory”. The U.S. is now experiencing the worst inflation since the 1980’s and even the Fed had to admit it was surprised that inflation increased between
This week’s Courier Herald column: When someone tries to use economics to justify what they’re proposing, they’ll often explain it as if basic economic principles demand it. “This is just Econ 101.” The problem with using entry level economics courses to try to explain real word reactions relies on some of the non-real world assumptions
The following is a guest Op-Ed from Senator Ed Harbison: As the Senator from the 15th District of the Georgia General Assembly for almost 20 years, Chairman of the Senate Committee on State Institutions and Property, and a ranking member of the Senate Committee on Banking and Financial Institutions, I have made it my priority
This week’s Courier Herald column: As is no longer new news, Hyundai has decided to expand its presence in Georgia in a big way. Already a major employer in West Georgia with its subsidiary Kia, Hyundai will be constructing its first dedicated electric automobile and battery manufacturing facility on about 3,000 acres off Interstate 16
This week’s Courier Herald column: If you’ve been watching the stock market lately, you probably are getting frustrated with the pattern. What became a game for many during the pandemic – with phrases such as “stocks only go up” and “buy the dip” heard as rallying cries – has transitioned back to some cruel realities.
This week’s Courier Herald column: Like many components of household budgets, rents have been increasing. They’re now increasing at increasing rates. Data provided by real estate consulting firm CoreLogic this week revealed that year over year rents for single family homes are showing double digit increases, with demand especially strong across the sun belt. Nationally,
