…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…

…low. Tax revenues are at historic lows as a percentage of GDP. The government debt will rise as the boomer generation retires. The government debt is still quite large and…

…(Red flag alert: Before the ACA’s subsidies, there was no such thing as good individual health insurance for a 56-year-old for $54 a month. Prices like that disappeared a generation…

…of their teen years and were replaced by the baby-bust generation. Consequently, the teen population actually fell in the 1980s. The next chart shows the relationship between the teen population…

…level, and hasn’t declined further in the last 3 years. One thing that is clear is that without immigration, the U.S. population would go into decline as my generation passes…

…the next financial crisis (when the next generation of financial wizards think they’ve discovered how to turn lead into gold) – but overall the program was obviously helpful. Note: One…

…bonds would fall in price. A generation of money managers got hosed. Prices flattened, and then fell. Interest rates fell with them. Bond prices boomed.” Could America follow suit? The…

…because they don’t think inequality has any relevant mechanics. I recommend they try to teach in Chile. The new generation of students would reject them outright. Undoubtedly, the most powerful…

…growth may be higher too. So low interest rates may simply fuel an inflationary boom. Maybe a generation would have to pass for the Fisher effect to settle into its…

…to greater spending on Alzheimer’s treatment.(We don’t have reliable data on Alzheimer’s spending before that.) And that number is bound to climb.) The Boomers will be the second generation to…