The World Street Journal reports that U.S. economic growth accelerated last quarter, easing fears of a near-term slowdown but doing little to change the trajectory of a long but weak expansion. Gross domestic product, a broad measure of goods and services…
Category: Economic growth
Hey, Mitch McConnell went on the Senate floor and lied to the world that he and the Republicans are responsible for the economic growth. Yes, he was lying, but he is a Republican so lying is expected. But if Mitch…
There are multiple reasons why the jobless claims data fall. The best reason however, is confidence in the economy, which leads to economic growth, which leads to fewer jobless claims being filed. The number of unemployed workers applying for jobless…
More good news for the economy. Reuters is reporting that retail sales rose solidly in February as Americans bought automobiles and other goods even as they paid more for gasoline, suggesting consumer spending this quarter will hold up despite higher taxes….
When John Boehner said, “if we lose 200,000 federal jobs, so be it,” we listened and thought the figures didn’t add up. A little research into the facts revealed the figure was more like 20,000 to 40,000 jobs lost if…