Biden Wants Credit for Economy Worse Than the One He Inherited

Prices are coming down but they’re way higher than they were.

tax taxes pig piggybank dollar signs chalkboard tax taxes pig piggybank dollar signs chalkboard

A Reverse Harberger Tax for Eminent Domain?

A George Mason economist has an intriguing idea but maybe he has it backwards.

Majority of Under-30 Adults Live with Parents

Already-high rates have been exacerbated by the pandemic.

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.

Taxing the Very Rich

It’s a lot harder than it looks.

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.

Shutdown Eroding Public Faith In The Economy

The government shutdown is beginning to negatively impact the public’s perception of the health of the economy.

Former HUD Secretary Julian Castro Enters Presidential Race

Former HUD Secretary Julian Castro is the latest addition to the growing Democratic Presidential field.

December Jobs Report Blows Past Expectations

December’s Jobs Report blew past expectations to show more than 300,000 jobs created.

Federal Budget Deficit Heads Back Up Under Republican Rule

Nearly two years into Republican control of Washington, the budget deficit is headed back up.

House Republicans Unveil Tax Reform Bill

House Republicans unveiled their tax reform bill today, but its fate is far from clear.

The Micro Economics of the Financial Crisis

The Financial Crisis was not a problem of macroeconomics, but a cluster of microeconomic problems all acting together.

Economy Grows At Anemic 0.7% In Final Quarter Of 2015

An anemic end to 2015 raises concerns about the health of the economy going forward.

More Mexicans Are Leaving The U.S. To Return Home Than Arriving In The U.S.

Mexicans are more likely to be returning home than migrating to the United States, a new report finds.

Economic Growth Over The Summer Was Quite Sluggish

Gross Domestic Product grew at a sluggish 1.5% in the just-concluded Third Quarter, calling the Federal Reserve’s apparent plan to raise interest rates at some point even further into question.

Surprising Many, Federal Reserve Declines To Raise Interest Rates

After months of hinting that interest rates would be rising this month, signs of economic weakness led the Federal Reserve to hold back.

On Immigration, David Brat And The Tea Party Stray From Their Own Principles

There is no such thing as a consistent free market, limited government case in favor of restricting immigration, whether legal or illegal.

The Economy Actually Shrank In The First Quarter Of 2014

In no small part because of a brutal winter, the economy shrank in the first three months of the year.

Jerry Brown For President?

Fourth time’s the charm? Probably not.

October Jobs Report Stronger Than Expected

A better than expected jobs report in October, but one that comes with a few caveats.

For The Eighth Time, Obama Pivots To The Economy

Time to “pivot to the economy” again.

First Quarter GDP Final Revision Puts Growth Below 2.0%

First Quarter economic growth was weaker than originally estimated. What that means for the future is unclear.

February Jobs Report Mostly Positive, But Long Term Problems Remain

A somewhat good jobs report for February, but still no sign that the jobs recession is ending any time soon.

Another Ho-Hum Jobs Report

January’s Jobs Report wasn’t much to write home about

Federal Reserve Announces Another Round Of Stimulus Creating Money Out Of Thin Air

Ben Bernanke thinks doing more of the same is just what the economy needs.

Second Quarter Growth Revised Slightly Upward, Still Below 2%

Economic growth is the key to fixing many of our problems. Unfortunately, we’re not likely to see the kind of growth we need any time soon.

Socialist Canadians Wealthier Than Capitalist Americans?

“The average Canadian has quietly become richer than the average American,” claims a pro-Canada organization.

China’s Economy Cooling Down?

China’s economic engine may be sputtering.

State of the Union Post Mortem

The speech did exactly what it was supposed to do: kick off Obama’s re-election campaign while disguised as a call for unity.

Good News For The New Year? December Jobs Report Offers (Some) Hope

Some good news in the December jobs report.

Hank Paulson, The Bush Treasury Department, And Crony Capitalism

Guess who got advance warning of government actions on the eve of the 2008 financial crisis?

Cash For Clunkers Was A Boondoggle From The Start

It was clear from the start that “Cash For Clunkers” was a bad idea.

Bailing Out Underwater Mortgages

Ronald Reagan’s chief economist has a radical plan for solving the housing crisis.

Economy Adds Jobs, But Recovery Still Weak

September’s jobs report was better than expected, but still not very good.

Fears of Another Global Recession

The signs are not good.

White House To America: Pay No Attention To Those Bad Economic Numbers

The White House would really appreciate it if you didn’t pay attention to all that bad economic news.

UCLA Forecast: More Slow Growth

More slow economic growth, the L-shaped recession.