The average age of the first time home buyer in the USA in 2025 has risen to 40 years old according to the according to the National Association of Realtors. This has been caused by factors such as rising home prices and high mortgage rates.
In 2021 the average first time buyer's age was 33, in 1980 it was
The US government shutdown that began on 1-October-2025 has finally ended after 40 days. 8 Democrats voted with Republicans to re-open thé government after Republicans agreed on a future vote to extend subsidies on the Affordable Care Act.This has been the longest shutdown in American history.
The shutdown began due to disagreements on a budget between Republicans and Democrats. Democrats wanted subsidies on the Affordable Care Act to be continued, Republicans didn’t.
There was 60 total votes in favour of opening the government and 40 against it.
Soon people will should be able to start getting their fully funded food stamps due to the reopening of the government.
Democrat Zohran Mamdani has won the New York City mayoral election.
He has described himself as a Democratic Socialist and has ran on points such as making the rich pay their fair share in taxes and making houses affordable.
Due to the US government shutdown which began on 1-October-2025, up to 42 million Americans might not receive food stamps. 12.5% of America's population receives food stamps called SNAP benefits.
The government shut down due to Republicans and Democrats disagreeing on budget contents. They need to agree on a budget to re-open the government. 10[reply]
The US government shut down at midnight 1-October-2025. During the shut down non-essential government services are stopped, federal agencies stop activities, and a large number of federal workers are furloughed.
The reason for the shutdown is there isn't enough votes supporting the spending bill which was written by Republicans, the party in power. Democrats want some changes, they are calling for an extension of tax credits that make health insurance cheaper for millions of Americans - which are set to expire - and for a reversal of cuts to Medicaid that have been made by Trump. Democrats also oppose spending cuts to the Centers for Disease Control (CDC) and National Institutes of Health (NIH).
While Donald Trump has made it more difficult for American companies to employ high-skilled foreign workers using the H-1B visa by imposing a $100,000 fee on the employer, China has introduced a K Visa.
China's K Visa is designed to recruit young workers from around the world who have degrees in STEM (science, technology, engineering and mathematics).
About 486,000 American people live full time in a Recreational Vehicle (RV) which appears to be more than twice as many as in 2021, according to survey data from the RV Industry Association.
The US debt has now surpassed 37.5 Trillion dollars.
Just in June it reached 37 Trillion.
At this pace it will reach 38 Trillion dollars before the end of the year
https://www.usdebtclock.org/
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Big Beautiull Bill (@Politics Patrick)[2025-07-01 16:40:54](ID: 86)
Donald Trump's "One Big Beautiful Bill Act" has now passed the senate.
This is a step closer for it becoming law.
The Bill makes permanent Donald Trump's tax cuts from 2017 and reduces the number of people who receive Medicare. Economists believe that it will add 4.5T$ to the US debt.
The bill now needs to go to the House of Representatives where it is expected to be approved. After that President Donald Trump can sign it into law. 00[reply]
News: New York Mayoral Race (@PaulyBoy)[2025-06-27 13:36:44](ID: 82)
Zohran Mamdani has defeated politics vet Andrew Cuomo to win the Democratic Party's New York mayor candidacy
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News: Iran vs Israel (@News)[2025-06-22 09:14:09](ID: 81)
The USA has joined Israel in bombing Iran
https://www.reuters.com/world/us/strikes-iran-mark-trumps-biggest-riskiest-foreign-policy-gamble-2025-06-22/ 00[reply]
The USA wants TikTok's Chinese owners to sell it by the 19th of January 2025 or they might ban it in the USA
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Donald Trump's Election (@Politics Dude)[2024-11-08 20:33:24](ID: 10)
Who is Donald Trump's election good for in terms of the economy?
In his first term he lowered taxes for the rich which made him and other rich people richer while the debt grew by 7 trillion dollars due to lower tax revenue,
He put up tariffs on imports which increased costs for consumers,
He wanted to ban TikTok for outcompeting American companies like FaceBook and Twitter,
He wants to ban electric cars from China because they are expected to outcompete American manufacturers due to quality and being more affordable.
Donald Trump invests in property so he might want the prices of homes and rent to increase
Donald Trump is clearly for the rich. 78% of Americans are living paycheck to paycheck according to Payroll.org
Most can't afford to buy a house and rent is high,
Donald Trump will make these issues worse.
00[reply]
US National Debt (@Investor Guy)[2024-11-03 08:48:38](ID: 9)
The US national debt will soon reach $36Trillion
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(@Investor Guy)[2024-11-15 08:11:56](ID: 10)
The US national debt has now reached 36 Trillion dollars (36 000 000 000 000 $)
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(@Investor Guy)[2024-11-25 15:13:07](ID: 11)
The US Debt interest has now surpassed 1 Trillion dollars.
