Fiscal Ruin and Politics As Usual

Only a fool could look at the timing of this nonsense and not smell the reek of desperate political posturing.

The Economy in Context: November 2018

Americans should remain skeptical of the rosy picture painted by the latest jobs report, because fundamental problems in the economy remain.

The Economics Quarterly: October 2018

There are a lot of things that look good in the last few quarters, and growth remains solid, particularly if the 3.5% preliminary GDP growth rate holds through revisions, but there are still some nagging doubts that won't go away.

The Economics Quarterly: July 2018

While the quarterly GDP growth rate hasn't been below 2.0% since the first quarter of 2017, it also hasn't been above 5.0% since the second quarter of 2014, and it's a long way from the 7.0% rate in the third quarter of 2003.

Unpacking “America First”

...America First is an empty shell, signifying nothing, and none of Trump's supporters are going to really get what they want.

The Economics Quarterly: 2017Q1

The economy has been moving upward since about 2015, but, from a purely political standpoint, much of this growth could be attributed to the general impression that the political winds were going to change in Washington.

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