Day: January 23, 2021💾

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A lesson in measuring the federal debt | FRED Blog

A lesson in measuring the federal debt | FRED Blog

What’s the debt level of the U.S. federal government? The answer isn’t as straightforward as it may seem. A quick search on RE for “federal debtȁ delivers the graph above, which shows the total level of the federal debt, in millions of dollars, at a quarterly frequency since first quarter 1966. The latest figure, as of the writing of this post, corresponds to second quarter 2019 and amounts to over $22 trillion. We can also express the federal debt as a percentage of GP, like so:

Where’s All the Damn Ammo? Federal Premium’s President Has Some Answers | Outdoor Life

Where’s All the Damn Ammo? Federal Premium’s President Has Some Answers | Outdoor Life

Last week I was riding around South Texas with Jason Vanderbrink, the president of ammunition for Vista Outdoor. In other words, he’s the big boss for ederal Premium Ammunition, CCI, Speer, and now Remington ammunition. This is a pretty wild time to be running an ammo company: There are an estimated 7 million new gun owners in the U.S. this year, consumers have been panic-buying rounds in everything from .22LR to .300 Win. Mag., and retailers are backordered for months; plus, there’s the global pandemic complicating supply chains and workers’ safety.

So, we know the question that’s on the minds of every hunter and shooter: Where’s the ammo?