What is next United States Fiscal Cycle


Source - US Congress Office


United States fiscal gap and debt level are posing considerable threats to overall global economy - https://www.aa.com.tr/en/economy/high-fiscal-deficits-public-debt-pose-risks-for-us-global-economy-imf/3279172


United States has been struggling with tax fairness and delivering program spending with value for money for years. I have author many articles on value for money and performance audits. I have recommended over the years that more money is allocated to budget of US Government Accountability Office or Office of the Auditor General of Canada / Bureau du vérificateur général du Canada or Office of the Auditor General for Western Australia or Australian National Audit Office or other oversight and commissioner offices.


Over the past 3+ years there has been a policy shift by Joe Biden and United States Federal Government

What major areas have change since Biden was elected to office?

What major areas have change since Biden was elected to office?

  1. Housing Affordability - https://www.nasdaq.com/articles/3-ways-biden-dropping-out-could-affect-housing-costs
  2. Biden green policies are impacted the automotive sector. https://asia.nikkei.com/Business/Automobiles/Toyota-goes-all-in-on-hybrids-in-U.S.-as-Trump-risks-loom-over-EVs
  3. Open Border - https://www.10news.com/news/local-news/south-bay-news/breaking-down-kamala-harris-role-at-the-border-during-biden-administration
  4. Fiscal - https://www.reuters.com/world/us/impact-bidens-economic-agenda-may-be-felt-long-after-his-presidency-2024-07-22/
  5. GDP growth - https://www.timesrepublican.com/opinion/columnists/2024/07/bidens-economy-is-superior-in-just-about-every-way/
  6. Green agenda - https://www.rechargenews.com/wind/biden-to-harris-switch-holds-out-hope-of-continuity-for-us-wind-power/2-1-1681184. United States emissions have come down due to moving away from coal to natural gas - https://economics.td.com/ca-canada-us-record-of-emissions-reduction. Here is my work on the electricity sector - Electricity and Power Generation – May 2024 - https://www.dhirubhai.net/pulse/electricity-energy-trends-may-2024-paul-young-pxoac/
  7. Back in the mid 1990s to early 2000s the United States was a dominant player in the semiconductor. USA dominance has deteriorated over the years due to rise of Taiwan - https://qz.com/taiwan-semiconductor-manufacturing-company-tsmc-chips-1851455264
  8. United States competitiveness has been a challenge over the past few decades - https://www.cnbc.com/2024/07/11/americas-top-states-for-business-full-rankings.html
  9. Sparring over crime - https://www.themarshallproject.org/2024/06/27/trump-and-biden-spar-over-crime-rates-ahead-of-their-debate-what-do-we-really-know
  10. Income inequality - https://www.vox.com/politics/356775/trump-biden-debate-truth-about-biden-record

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United States is heading to interesting era with their upcoming election

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Election in 2021 was won or loss by the swing states like State of Arizona or State of Georgia or State of Nevada or State of Wisconsin or State of Michigan or Commonwealth of Pennsylvania

  1. State of Arizona has benefited from Inflation Reduction Act (IRA) through large semiconductor investments. https://www.azcommerce.com/news-events/news/2024/7/arizona-home-of-america-s-semiconductor-resurgence/
  2. State of Georgia has been a large benefactor of EV and alternative fuel vehicles - https://electrek.co/2024/07/22/hyundai-preps-for-trump-ev-disrupt-new-us-metaplant/
  3. State of Michigan has been a large benefactor of EV investments - https://www.publicnewsservice.org/2024-07-23/climate-change/ev-industry-praises-federal-investments-in-michigan/a91401-1
  4. State of Wisconsin has seen its share of investment - https://www.renewwisconsin.org/inflation-reduction-act/
  5. State of Nevada - https://www.fitchratings.com/research/us-public-finance/state-of-nevada-31-01-2024
  6. State of Pennsylvania - https://economics.td.com/state-economic-forecast
  7. Battleground states - https://thehill.com/homenews/campaign/4786852-harris-vice-president-pick-midwest-governors/
  8. Kamala Harris - https://finance.yahoo.com/news/6-economic-policies-kamala-harris-185251420.html
  9. Battleground states - https://www.usatoday.com/story/news/politics/elections/2024/07/22/harris-trump-swing-state-polls/74500198007/
  10. Endorsements -https://www.cbc.ca/news/world/kamala-harris-endorsements-schumer-jeffries-obama-1.7271901

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Paul is a former IBM Customer Success Manager that has deployed over 300 data and AI solutions across industry and geographies for the past 8 years. Paul is a Financial Planning, Analysis, and Reporting SME working with data including integration of macro and micro indicators as part of the integrated business planning and reporting cycle.

[email protected]

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Seeking employment - https://www.dhirubhai.net/posts/paul-young-055632b_hi-all-linked-in-followers-and-contacts-activity-7199365291288506369-qGVf?utm_source=share&utm_medium=member_desktop

?Courses?—? https://www.dhirubhai.net/posts/paul-young-055632b_activity-7163302861974519809-ryf3?utm_source=share&utm_medium=member_desktop

Stock Market Report WE July 5 2024 - https://www.dhirubhai.net/pulse/stock-market-we-july-5-2024-paul-young-kdtmc/

Blog – Stock Market – United States and Canada – July 19 2024 - https://www.dhirubhai.net/pulse/stock-market-united-states-canada-paul-young-tptcc/

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?Stock Market – Australia – WE July 12 2024 - https://www.dhirubhai.net/pulse/stock-market-australia-we-july-12-2024-paul-young-0l8bc/

Blog – Stock Market – Australia – July 19 2024 - https://www.dhirubhai.net/pulse/stock-market-australia-july-19-2024-paul-young-9zubc/

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Blog – Manufacturing – Analysis and Commentary – Canada – March 2024 and April 2024 - https://www.dhirubhai.net/pulse/manufacturing-analysis-commentary-canada-march-2024-paul-young-oab2e/

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Blog – Stock Market – Canada and USA – July 12 2024 - https://www.dhirubhai.net/pulse/stock-market-usa-canada-we-july-12-2024-paul-young-3yuvc/

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Blog?—?How to select the best ESG solution for your /Organization?—? https://www.dhirubhai.net/pulse/how-select-right-environmental-social-governance-solution-paul-young-83mzc/

Stock Market Report WE July 5 2024 - https://www.dhirubhai.net/pulse/stock-market-we-july-5-2024-paul-young-kdtmc/

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Blog – Australia Stock Market for WE July 5 2024 - https://www.dhirubhai.net/pulse/stock-market-australia-we-july-5-2024-paul-young-2mqac/

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Monthly – Trade – United States – May 2024 - https://www.dhirubhai.net/pulse/trade-united-states-may-2024-paul-young-utjnc/

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Monthly – Trade – Canada – May 2024 - https://www.dhirubhai.net/pulse/trade-canada-may-2024-paul-young-v8w0c/

Monthly Report – Trade – Australia – May 2024 - https://www.dhirubhai.net/pulse/monthly-report-trade-australia-may-2024-paul-young-h2mkc/

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Blog – Monthly Reports – Canada United States and Australia - https://www.dhirubhai.net/posts/paul-young-055632b_here-are-reports-that-maybe-of-interest-to-activity-7212562511726804992-HcQO?utm_source=share&utm_medium=member_desktop

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