…like real GDP per capita)? 2. What are those party differences? Are they large differences? 3. Do those difference themselves differ depending on whether the parties are in control of…

…year as well for these negative GDP outcomes, even as employment and income held up. But in fact this item is not precisely what its label says it is.  It…

…it was about 2% of GDP prior to the Great Depression and it has been around 20% of GDP since WW II. Moreover, government transfer payments were insignificant prior to…

…debates about the role of GDP growth as a guide to economic and social policy. It is objectively true to say that monetary measures of prosperity like GDP per capita…

…suggest otherwise: that we’ve actually been underestimating GDP for decades. Coming back to our question, how Americans get and stay rich: holding gains are only one way that they get…

Update: By Dale Coberly (was inadvertently omitted as author, although regulars know and the label names him) SOCIAL SECURITY: IT’S JUST MATH or how to lie with numbers “Math doesn’t…

…financial crisis. The same phenomenon took place in other countries in the southern periphery of the European Union, but the change in Greece’s investment/GDP ratio between its pre-crisis 2007 level…

Moderately Positive Outlook? CNN has a story, “Mañana economics: Economists keep saying the sun will come out tomorrow … and tomorrow … and tomorrow.” Here’s the outlook: GDP actually grew…

…benefits in exchange for the pittance of slightly higher taxes on the upper crust. The article goes even further astray at the end with its label of a “two-part deal”…

…issue. Historically, during and following tax hikes tax collections /GDP rise. During and following tax cuts, tax collections fall. (How a fact so basic that even a child could observe…