Immigration and U.S. economic growth

Make Me Smart

Since the Congressional Budget Office last released its long-term outlook for the federal deficit and strength of the U.S. economy, things have become a teeny bit better. Why? The CBO points to increased immigration and last year’s spending deal struck between Congress and President Joe Biden. And, we’ll get into the looming commercial real-estate reckoning. Plus, we’ll weigh in on tote bags, Free Blockbuster libraries and more in a round of Half Full/Half Empty!

Here’s everything we talked about today:

• “PRP Pays $323M For Market Square, D.C.’s Largest Sale In 18 Months” from Bisnow

• “Budget Office report credits immigration and spending deals with improved outlook despite huge debt” from AP News

• “The Long-Term Budget Outlook: 2024 to 2054” from the CBO

• “How the tote bag became the hottest fashion accessory around” from Marketplace

• “Tired of Streaming? Free Blockbuster Libraries Offer an Alternative.” from The New York Times

• “Encyclopædia Britannica is eyeing a $1 billion valuation in its IPO, report says” from Quartz

• “I Pizza A | Voodoo Ranger” from Voodoo Ranger

• “Walmart Is Luring Wealthy Shoppers With Blazers and Duck Breast” from Bloomberg

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