Economic growth Archives –

US Economic Growth Accelerates – 2.9% Growth in Third Quarter

Ezra Grant — Fri, 28 Oct 2016 17:49:20 +0000

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 produced across the economy, expanded at an inflation- and seasonally adjusted 2.9% annual rate in […]

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Nancy Pelosi’s Statement Praising the 5.6% Unemployment Rate

Ezra Grant — Sat, 10 Jan 2015 00:25:14 +0000

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 can lie about something he did not do, why can’t one of the people responsible […]

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Good News – Jobless Claims at 8 Year Lows

Ezra Grant — Thu, 24 Jul 2014 20:17:45 +0000

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 benefits tumbled in the most recent weekly data to the lowest level in more than […]

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More Good News – Retail Sales Saw Solid Gains In February

Ezra Grant — Wed, 13 Mar 2013 13:52:04 +0000

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. The Commerce Department said on Wednesday retail sales increased 1.1 percent, the largest rise since […]

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Republicans Say “It’s All About Jobs,” So They Will Cut 700,000 More

Ezra Grant — Tue, 01 Mar 2011 02:20:55 +0000

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 Boehner got his way. Now, after economists studied the Republican budget and the effects of […]

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