Since the election, I have had more than one person ask me a variant of: “how are we going to pay for everything Trump says he is going to do?” This is ordinarily more rhetorical than…
Tag: GDP
It has always been prudent to choose your words wisely and avoid inflammatory issues when writing newsletters and newspaper columns. However, in the past, it was more difficult for readers to reach out to you with…
This morning, the Bureau of Labor Statistics (BLS) released the Employment Situation report for June 2016. It was pretty good, as the economy apparently created 287K net new jobs last month. That number is even better…
If I didn’t already have gray hair, mostly white actually, the events of the last several months would have caused that train to leave the station. I have been doing this line of work for a…
Not long ago, my father and I were talking about McDonald’s, and the reasons for that company’s declining market position, or at least the perception of it. He threw out the oft-given explanations, things like changing…
This week, the Bureau of Economic Analysis (BEA) announced the US economy grew at a 2.3% annualized rate during 2Q 2015. It made all sorts of revisions to previous estimates, bringing up 1Q 2015 GDP…
This morning the Bureau of Economic Analysis (BEA) announced the US economy grew at a 4.0% annual rate during the 2nd Quarter of 2014. This was better than expected. Further, it revised the 1st Quarter number to -2.1%…