economic growth

It’s True, Mr. President–Your Predecessor Left You A Growing Economy (Video)

It’s True, Mr. President–Your Predecessor Left You A Growing Economy (Video)

It might not appear so with all the controversy swirling around President Donald Trump’s nascent administration, and who knows how long it’s going to last under Trump, but according to Tuesday’s Census Bureau report, in 2015, the American middle-class and poor experienced the best year of economic improvement in decades. Two years ago, median household income was $56,500 compared […]

Obama Ends Presidency With Longest Job Growth Streak Since 1939 (VIDEO)

Obama Ends Presidency With Longest Job Growth Streak Since 1939 (VIDEO)

President Obama’s final economic numbers are in, and the results are impressive. In December, the job market grew by 156,000 jobs. It was the 75th straight month of job growth, the longest growth streak since 1939. The unemployment rate in December ticked up slightly to 4.7 percent from a low of 4.6 percent in November. […]

GOP Austerity Study Riddled With Errors

GOP Austerity Study Riddled With Errors

The ripple felt through the economics community continues from the now infamous study by Carmen Reinhart and Ken Rogoff, ?Growth in a Time of Debt?. After fluent scrutiny over confirmation that their study was riddled with errors, Reinhart and Rogoff still claim that even after calculating and adjusting for these errors, their thesis is still […]