Category Archives: GDP
Why Biden’s Good Economic News Hasn’t Helped Him Politically —…
Americans’ negative views about President Joe Biden’s stewardship of the economy may be the biggest challenge to his reelection. Despite…Continue reading
Trade Agreements Have Created U.S. Jobs And Raised U.S. Incomes
The rising political opposition to open trade from both the left and the right is an instance, and one among…Continue reading
More Encouraging News on Inflation Means the Fed Should Pause…
The Biden administration has pulled off a remarkable two-step—at once, beating inflation while expanding employment. In both cases, policy decisions…Continue reading
The Debt Ceiling, Austerity, and the Economic Challenges Haunting President…
The latest reports on real growth and personal incomes issued last week by the Bureau of Economic Analysis (BEA) include…Continue reading
C’mon, Democrats, Tout Your Economic Record: It’s a Very Good…
Drawing on the fact-free politics of Donald Trump, Republicans are selling the meme that Americans are much worse off economically…Continue reading
Yes, Americans Are Better Off Under Biden
Ronald Reagan closed his presidential debate with Jimmy Carter in October 1980 urging Americans to ask if they were better…Continue reading
Hey, Folks, We’re Not in a Recession
Rules of thumb are often misleading. Biden administration critics have seized on an axiom that two consecutive quarters of negative…Continue reading
A Recession is Not Looming
The media’s view of the economy has turned dark. The Washington Post cautions its readers on “How to recession-proof your…Continue reading
Americans Should Celebrate the Best Jobs Market in Generations
Last Sunday on Meet the Press, James Carville offered Democrats good advice: “Quit being a whiny party and get out…Continue reading
Post-Pandemic, a Strong Expansion Needs Less Personal Saving or More…
For two generations, economists and other custodians of financial propriety have chastised Americans for not saving enough. Getting the public…Continue reading