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Dissecting the First Quarter GDP Numbers

Friday the Bureau of Economic Analysis released the preliminary estimate of the first quarter, 2010, U.S. gross domestic product.  The good news is that total production of goods and services grew 3.2%...

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Puzzling Bernanke Quote

Tony Lima August 3, 2010 Headline from today’s New York Times: “Bernanke Says Rising Wages Will Lift Spending” (August 3, page B7). “Will?” Parsing this quote is a task probably left to Talmudic...

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Poll for Dems in February 2015 Trashes the State of the Economy

Well, they can’t say they didn’t know. The most fundamental context for everything we see here is the pressure of rising costs and stagnant wages. Only 30% nationally and 29% in the battlegrounds rate...

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Stimulate the Economy and Spend Nothing

Published in the January 17, 2017 Wall Street Journal. Stimulate the Economy and Spend Nothing - WSJ   Tweet

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