…the unemployment rate is 5.1% by 2018, and the average annual rate of GDP growth is 2.4% (slower productivity growth is expected to drag GDP growth). Note: I will not…

…Security solvency why is it going to be smaller going forward? Elmendorf explains (and Biggs follows up) Projected growth from 2015 to 2019 is also below historical average growth rates,…

…much greater then since WW II. Moreover, earnings growth was much weaker As the chart shows, from 19871 to 1940 EPS growth was only 2% and the volatility was much…

…American businesses. So there could be several explanations of differences in the growth of corporate profits and payroll employment growth. Our chart, however, looks at overall national income, which is…

…of The President (pdf, see page 44) claimed that The President laid a strong foundation for growth in 2001 with the Economic Growth and Tax Relief Reconciliation Act. This package…

…Or one could also simply compare the 3.5% per annum growth in real GDP from 1947 to 2000 (which Larry Kudlow often correctly notes) to the fact that real GDP…

…we said back then: Final sales of domestic product grew at a 5.8% annualized rate with the difference between growth in sales and the growth in production coming from a…

…to 1989 was one of strong economic growth for the U.S. (in my view, reversing the weak aggregate demand growth during the first half of the 1980’s) so it is…

…jobs are only one of the measures of economic performance. The rapid growth rate in GDP, stable inflation, a housing boom, and world-beating productivity growth are all just as important…

…cuts led to faster long-term growth and a doubling of tax revenues. As noted by Jonathan Chait, Moore also suggested that the Clinton era was one of slow growth and…