Insights for Navigating an Uncertain World
Here's your belated U.S. monthly treasury statement for October, the first month of the new fiscal year 2026.
— TF Metals Report (@TFMetals) November 26, 2025
Note the $284B deficit. That's 10% higher than October last year, despite the $31B in tariff collections!
Slouching toward The End of The Great Keynesian Experiment… pic.twitter.com/yFc7JSB1je
Mark Skidmore is Professor of Economics at Michigan State University where he holds the Morris Chair in State and Local Government Finance and Policy. His research focuses on topics in public finance, regional economics, and the economics of natural disasters. Mark created the Lighthouse Economics website and blog to share economic research and information relevant for navigating tumultuous times. View more posts
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