February 2, 2020
About 1.1 billion people have been lifted out of extreme poverty in the last 25 years. Broad-based growth is the most important source of poverty reduction.
February 1, 2020
The CBO projects federal budget deficits to average more than 5 percent of GDP in the last three years of this decade, compared to Trump administration estimates below 2%. Why do they differ?
November 25, 2018
While productivity growth is hard to measure and predict, there are a few factors that could be contributing to the productivity growth slowdown in the U.S.
February 8, 2018
The stock market is not the entire economy. Price earnings ratios are high but it is important to look at other economic indicators of how our economy is doing.
November 29, 2017
The Reagan years led to two very different tax bills: The 1981 reform expanded the budget deficit. The 1986 reform prioritized families over corporate incomes.
March 16, 2017
Concerns regarding immigration during the presidential election revolved around undocumented immigrants entering through the U.S.-Mexico border. This focus does not take into account a shift towards more educated immigrants over the last 15 years and their contribution to raising productivity and U.S. economic growth.