GDP

Old fallacies have a way of reappearing, especially, during times of social and economic crises. The current coronavirus crisis has opened the door to a variety of them.

The United States has taken unprecedented actions to halt the spread of the novel coronavirus and the illness it causes, COVID-19. How bad will this be for the economy?

In three short years, the Trump administration has cut taxes and regulations. Therefore, people have more money to spend, and businesses (finally) have incentive to create lots of good-paying jobs.

By most measures of income, yes, but income does not account for the cost of living. 

In a recent survey of business economists, only 4 percent said they expected a recession to begin by the end of the year.

Can the U.S. economy grow at a rate of 3 percent, 4 percent, or even better in the years ahead?

Gloomy forecasts are becoming ubiquitous, lending credence to the view that economics is the dismal science.

The month of May closed with amazing news on the economy. It looks unstoppable and signals the best recovery since World War II.

Since 2005, the Congressional Budget Office has published an annual report on the long-term sustainability of U.S. fiscal policies.

What do Democrats plan to do with the tariff economy they themselves helped create?

The fact-checkers checked, and found that this was a “fact” cited by Donald Trump that wasn’t an exaggeration or outright false.

Before last year’s year-end tax reform success – there were in fact precedent legislative achievements by this Congress.

Since February 2017, the federal deficit has grown by more than $500 billion, to over $20 trillion. The average debt owed per person is now estimated to be greater than $62,000.