Output Volatility: GDP v. GNP
…exceed their shares in employment or in the generation of domestic demand. Recent patterns of growth in these manufacturing sub-sectors show very sharp rises in output, exports and Gross Value…
…exceed their shares in employment or in the generation of domestic demand. Recent patterns of growth in these manufacturing sub-sectors show very sharp rises in output, exports and Gross Value…
…to curb federal deficits that are likely to skyrocket as the baby boom generation retires. It is likely Congress will have to make “significant adjustments” in reducing benefits to future…
…Retirement Receipts rose by over 140% in nominal terms. One reason had to do with the payroll tax increase to pre-fund the Social Security benefits of the baby boom generation….
…Tamny wants to go back a generation, let’s remind him that the Reagan fiscal stimulus raised real interest rates. But it is true that real interest rates are low today….
…the capital budget, meaning future generations participate in the cost of the projects that will benefit those future generations. This makes sense. It’s why most corporations have separate capital budgets…
…then he made his way to a San Diego naval base for yet another anniversary tribute to the Greatest Generation. His concession to reality was adding a few words of…
…fundamentals change – then why wouldn’t housing prices decline? Interest rates have been increasing of late – and population growth over the next generation is likely to be quite modest….
…taxes and the interest income of the Trust Fund assets, which of course Cato never gets right. And while it is true that my generation can expect an average real…
…who collectively said there was not a defined mission for going to war, that we would lose many American lives, and that we’d be there for a generation. Kos even…
…temporary. The point being made by James would have equally applied to the large deficits that followed the Reagan fiscal stimulus a generation ago as they apply today. During the…