Tax Policy, GDP Growth, and the Deficit
…2001 tax cut before they voted against it. AB reader Tom put it well – the growth over the past 10 quarters is nothing more than a business cycle recovery…
…2001 tax cut before they voted against it. AB reader Tom put it well – the growth over the past 10 quarters is nothing more than a business cycle recovery…
…is true that recent real GDP growth has been strong. But Slovakia moved to a flat tax only last year, while real GDP growth had been strong even before 2004….
…are doing their first tentative stabs at understanding the data out there. Here’s one example looking at multiple periods and multiple lags, comparing European growth to U.S. growth (click for…
…March. Furthermore, the recent data do not yet clearly indicate a firming in the income growth rate, or the two important components of labor income growth—hours and compensation. “The conundrum…
…near-consensus view over here at Equitable Growth and at the Equitablog is that U.S. economic growth over the past generation has been very disappointing. Too-much of our economic growth has…
…and borrowing. Savers receive a real return on their money that matches real economic growth. and The real cost of borrowing money is balanced with real economic growth. There is…
…of the growth rates of personal income. Marglin predicts a negative coefficient on lagged growth (as consumers haven’t learned how to consume higher income or to reduce consumption to match…
by Sandwichman (at Econospeak) “Cake without Flour” — Duncan Foley on the Dilemmas of Economic Growth The following excerpt is from Duncan Foley’s outgoing Presidential Address to the Eastern Economics…
…but here is a simple way using measures of the growth of nominal GDP (NGDP). In normalization, the Fed rate will rise to the growth rate of NGDP by the…
by New Deal democrat Real aggregate wage growth: August 2016 update In my opinion the best measure of how average Americans are doing in an economic expansion isn’t jobs, and…