Art Laffer has a Plan for the Economy

It would be laughable, but the White House might be interested.

Economic Warning Signs Starting To Become Apparent

A key economic statistic that rarely gets widespread public attention is showing that the manufacturing sector has been in recession for four months now.

Economy Grew At Anemic 1.9% In Third Quarter, Hinting At A Slowdown Ahead

The economy grew an anemic 1.9% in the third quarter according to the first estimate of the state of the economy over the summer.

The Problem with Trump: The Turks and the Kurds

Trump’s error in Syria.

Federal Budget Deficit Ends Fiscal Year Just Shy Of $1 Trillion

Don’t worry folks, we’ll make it past that mark quite easily over the course of the new Fiscal Year.

Trump And The GOP Have Continually Lied About The Budget Deficit And The Economy

President Trump and the Republican Party have spent the last three years lying about the Federal budget deficit and the economy.

Donald Trump Is A Congenital Liar, But Will That Matter To Voters?

Donald Trump lies with the ease that the rest of us tie our shoes. Will that fact have an impact on voters?

Economic Growth Slows But Shows No Signs Of Entering Recession Territory

The economy slowed somewhat during the second three months of 2019, but the economic recovery still looks strong as we head into the 122nd month of positive growth.

Trump’s 2020 Campaign Kickoff Speech Unsurprisingly Filled With Lies

Not surprisingly, the President’s opening speech of the 2020 campaign was filed with lies.

The Economic Recovery Is Ten Years Old, How Much Longer Can It Last?

The current economic recovery turns ten years old this month, but it can’t last forever.

Trump’s Trade War Is Bad, And Everyone Is Losing

Donald Trump’s tariffs are hurting the American economy, American consumers, and American businesses.

Strong Economy Could Bolster Trump Heading Into 2020

If the economy remains strong, then Democrats could find it harder to beat the President than they thought.

April Jobs Report Brings Higher Than Expected Jobs Growth

Jobs Growth in April was much higher than expected, seemingly putting to rest for now fears that the economy might be slowing.

Economic Growth Beats Expectations But Isn’t Much To Write Home About

First quarter economic growth came in higher than expected, but there are several caveats worth keeping an eye on.

How America Uses Its Land

Very little of our vast landmass is densely populated with humans.

Trump, the Fed, and the Economy

More simplism from the WH.

Andrew Marshall Dead at 97

The legendary figure was in charge of strategic forecasting at the Pentagon for decades.

Time for Theresa May to Go?

Many are calling for the UK Prime Minister’s ouster. But the problem is Brexit itself, not any one leader.

Economic Growth Slows In Final Quarter Of 2018

Economic growth slowed significantly in the fourth quarter of 2018 from where it had been earlier in the year. And it’s likely to slow down even more.

National Debt Tops $22 Trillion, Up $2 Trillion Since 2017

The National Debt officially topped $22 trillion, marking a $2 trillion increase since President Trump took office.

Shutdown Drags On, And The Numbers Get Worse For Trump

As the shutdown continues the numbers get worse for the President, but he doesn’t seem to care.

November Jobs Growth Falls Short Of Expectations

Jobs Growth in November was healthy but fell short of expectations.

Trump Administration Dumps Devastating Climate Change Report On Holiday Weekend

Even as its leader continues to deny the reality of Global Climate Change, the Trump Administration has released an utterly devastating report on the impact of such change over the course of the coming decades.

Sooner Or Later, We Will Have A Recession

The current economic recovery is nearly ten years old. It isn’t going to last forever, though, and that could pose a problem for the GOP in 2020.

Today in Terrible Columns

Bret Stephens’ piece this week adds up to not much.

October Delivers A Solid Jobs Report

Jobs Growth in October exceeded expectations, as did wage growth. It’s unclear, though, how long these numbers can be sustained.

G.D.P. Growth In Third Quarter Was Healthy, But Many Caveats Remain

The economy appears to have grown strongly in the third quarter, but concerns about long-term growth remain.

About that Unit Root Thing

A decade after the Great Recession, we now have data to answer the question.

Jobs Report Disappoints, U-3 Unemployment Number At Lowest Point Since 1969

September jobs growth fell short of expectations even as the top-line unemployment rate reached a point unseen since 1969.

July Jobs Creation Falls Short Of Expectations, Wage Growth Remains Stagnant

Jobs growth fell short of expectations in July but was still relatively decent. Wage growth, however, remains stubbornly stagnant.

About that 4.1% GDP Growth….

The recent report of 4.1% GDP growth over the previous quarter is indeed welcome news. However, taking a look at the data both recent and in the past and there are some reasons to be concerned about GDP growth in general.

Parsing a Key Phrase from the Trump-EU Press Conference

Trade deals take more than an afternoon chat.

Trump’s Tariffs Set to Destroy More Jobs than The Tax Cut Will Create.

Trump’s trade war will claw back 25% of the growth in GDP, slightly more than 20% of the wage growth and more than wipe out all the jobs his tax cuts would provide.

Trump’s Top Financial Man Called To Testify Before Grand Jury

The man who knows all of Donald Trump’s financial secrets has been called to testify before the Grand Jury investigating Trump lawyer Michael Cohen.

Initial Estimate Shows Economy Grew 4.1% In Second Quarter

The economy grew at an exceptionally strong pace according to the first estimate of GDP growth, but several caveats remain.

Whither the Fiscal Conservative?

Deficits continue to rise.

How Will Trump’s Trade War Impact American Politics?

If President Trump’s trade war continues, it could have a serious impact on the political fortunes of President Trump and his party.

GOP Tax Cuts Not Leading To Increased Wages

Despite Republican hopes, the tax cuts passed by Congress in December are not manifesting themselves in increased wages.

Trump Trashes NATO, Demands Increases In Defense Spending

The NATO Summit is going about as well as can be expected.

Federal Government Set To Borrow $1 Trillion This Year

The Federal Government will borrow more than $1 trillion this year for the first time in more than a half-decade.

Poland Offers $2 Billion For Permanent U.S. Base

Poland makes the U.S. and NATO an offer they might want to consider refusing.

Economic Growth Beats Expectations, But It’s Hardly Impressive

The first estimate of economic growth in the first three months of 2018 beat expectations slightly, but it doesn’t bode well for the immediate future.

Trump Likely to be Favored in 2020

The campaign-agnostic political science models predicted a toss-up in 2016 and again in 2020.

What Trump Economic Boom?

President Trump and his supporters like to claim that the economy has been booming since he became President. A look at the numbers reveals that this is not the case.

A Strong, But Not Spectacular, Report On Economic Growth

The economy grew in the final quarter of 2017, but at a slower pace than earlier in the year and far slower than what the President has promised.

One Year After Trump Withdrew, Canada Forms A New Trans-Pacific Partnership

Just over one year after President Trump’s foolish and ill-informed decision to withdraw from the Trans-Pacific Partnership Canada has stepped in to rescue the deal.

GDP Growth Solid In Second Estimate, But Can It Be Sustained?

The new GDP growth estimate shows healthy economic growth in the second quarter, but it’s unclear if it can be sustained.

Second Quarter Sees Modest Economic Growth In Initial Estimate

According to initial estimates, the economy grew at faster pace in the second quarter than at the beginning of the year, but it was hardly anything to write home about.

First Quarter Economic Growth Better Than Initially Forecast, But Further Slowing Is Forecast

Economic growth in the first quarter wasn’t as bad as first estimated, but it still wasn’t very good. And the future is unclear at best.