Tag Archives: GDP

How Washington Ruined America’s Future

Posted on July 21, 2023 by MN Gordon

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 →

Posted in Government Debt, MN Gordon | Tagged , , , , | 21 Comments

Circa: Now!

Posted on May 12, 2023 by MN Gordon

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 →

Posted in Economy, MN Gordon | Tagged , , , , | 2 Comments

What Happens When Work Doesn’t Pay

Posted on August 5, 2022 by MN Gordon

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 →

Posted in Economy, MN Gordon | Tagged , , , , | 17 Comments

Paying the Price for Krugman’s Terrible Mistake

Posted on July 29, 2022 by MN Gordon

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 →

Posted in Inflation, MN Gordon | Tagged , , , , | 22 Comments