Tag Archives: GDP
How Washington Ruined America’s Future
United States Secretary of Treasury Janet Yellen has an incredible job. She writes rubber checks to pay America’s bills. Yet, somehow, the rubber checks don’t bounce. Instead, like magic, they clear. Continue reading
Circa: Now!
America’s economic landscape is becoming littered with one steaming pile after another. The primary offenders include consumer price inflation, interest rates, gross domestic product, and unemployment. Here we’ll take a sniff of the unpleasant odor that’s wafting around us. Continue reading
What Happens When Work Doesn’t Pay
Jobs data reported this week by the Bureau of Labor Statistics show that, as of the last business day of June, there are 10.7 million job openings. Hence, according to the numbers, there are many more available jobs than willing workers. Continue reading
Paying the Price for Krugman’s Terrible Mistake
Clear economic thinking and lucid communication via the written word tumbled out of fashion nearly 100 years ago. The fall from grace was triggered by the 1936 publication of John Maynard Keynes’ The General Theory of Employment, Interest and Money. Continue reading
