Did you know that the economy is setting record after record as the Biden Boom continues? NWSOFA Fiscal and Economic Issues group will meet VIRTUALLY

RSVP: https://act.indivisible.org/event/local-actions/164565/signup/?akid=&zip=&source=

Did you know that the economy is setting record after record as the Biden Boom continues?  That the budget deficit is falling 80% this year?  Drop in for a serious but entertaining chart talk about the economy and get your questions answered.  Learn the details so you can tell your audience.  Plus, learn about the impact of student loan forgiveness proposals you know that the economy is setting record after record as the Biden Boom continues?  That the budget deficit is falling 80% this year?  Drop in for a serious but entertaining chart talk about the economy and get your questions answered.  Learn the details so you can tell your audience.  Plus, learn about the impact of student loan forgiveness proposals.

7 PM Start – NWSOFA Fiscal and Economic Issues group will meet VIRTUALLY on Tuesday, May 17th at 7 pm

The NWSOFA Fiscal and Economic Issues group will meet VIRTUALLY on Tuesday, May 17th at 7 pm. The Zoom room will open by 6:50 pm. Come join us and share your thoughts.

David and Karl will be updating the fiscal and economic data between now and May 17th:
3rd estimate of 4th quarter 2021 real GDP grew at annual rate of 6.9%; 1st quarter 2022 releases April 28th

431,000 jobs added in March, plus prior months revised up by 95,000; unemployment rate declined to 3.6%; April jobs numbers will be released May 6th.

March twelve month inflation increased to 8.5%. April’s CPI numbers will be released May 11th

If the trends hold, employment and GDP data will be good but inflation will still be high, although it may start to come down in the second quarter. Spending and the deficit will come down by about $1 trillion in fiscal year 2022, Biden’s first budget year, which ends September 30th.

To get a sense of what to expect, you can view a draft of April’s presentation at https://docs.google.com/presentation/d/1ywPhZIBR6TMj3X2-qPJQINT9iU5dtYuL/edit?usp=sharing&ouid=118152796039843164051&rtpof=true&sd=true

You can view a draft of March’s PowerPoint presentation at
https://docs.google.com/presentation/d/1bq3lXTAFRlvmrDdwSXwhvTFVE_V0-LsW/edit?usp=sharing&ouid=118152796039843164051&rtpof=true&sd=true

and you can view the videos of our March meeting at
https://www.youtube.com/watch?v=G3mU1mLTyEQ&t=69s
and https://www.youtube.com/watch?v=Aj7NQG2Cmas

Videos of past meetings can be found at https://www.youtube.com/channel/UCiw8EhKA-e2l3_gM9FVYX2g

After registering, you will receive a confirmation email containing information about joining the meeting.

Link to event information: https://us02web.zoom.us/j/82859573341?pwd=bE14dFE2azJpSy8wYUZOV2RGNkpPdz09