February 16, 2021
The collapse of GDP in the spring of 2020 was the most precipitous on record, no matter how it is measured. But different ways of reporting can lead to confusion.
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
Policy efforts should focus on current immigration trends with policies regulating the flows of highly educated immigrants arriving mainly from Asia.
January 25, 2017
Ongoing growth, not just a short spurt, is required to continue raising living standards.