GDP on Townhall

  • Chris Edwards
    Government spending certainly helps the government-dependent parts of the U.S. economy. But most Americans live in the private economy, and so they might like to know how government budget actions affect the economy that they live in. ... more
  • Ransom Notes Radio
    Congressional Democrats, occasional political pundits and even (Gasp!) the media might be figuring out that Obamacare is – in fact – a monster. James Pethokoukis, with AEI, also joined the program to discuss GDP and what the economy can expect moving forward. ... more
  • Jerry Bowyer
    Anticipating the future is very difficult, and investors are always guessing and always updating their guesses, but almost never getting their forecasts of the future exactly right. Investors tend to anticipate future changes in GDP growth, but inexactly. ... more
  • Mike Shedlock
    Never mind that Spanish unemployment is 26.6% and youth unemployment exceeds 55%. The nannycrats wants Spain to hike taxes even more to make up for budget shortfalls. ... more
  • Political Calculations
    With the GDP data finalized for the time being, we can now project forward to anticipate what real growth the U.S. economy can expect in the first quarter of 2013 ... more
  • Reuters News
  • Reuters News
  • Reuters News
  • Political Calculations
    Cuts in the U.S. government's R&D expenditures will have much less of an impact upon the U.S. economy than cuts in corporate R&D investments, thanks to the government's bizarre strategy of "investing" in wasteful, politically-driven, high-risk, low-return R&D efforts. ... more
  • John Ransom
    A new report from the UK research team at Price Waterhouse and Cooper confirms what we knew all along: We’re right and they’re wrong. Really wrong; once-in-a-lifetime, disastrously wrong if grading on the scale the rest of us are subject to. Grading on the liberal scale, however, it’s just normal, everyday, run of the mill errors in judgment, math, worldview, physics and fluid mechanics that liberals deal with all the time. ... more
  • Katie Pavlich
  • Daniel J. Mitchell
    Fighting against statism in Washington is a lot like trying to swim upstream. It seems that everything (how to measure spending cuts, how to estimate tax revenue, etc) is rigged to make your job harder. ... more
  • Mike Shedlock
    To compute "Real GDP" one has to adjust nominal GDP by a measure of inflation. Different measures of inflation provide different answers. ... more
  • Wimping Out Thu Jan 31
    Jackie Gingrich Cushman
    The New York Times mobile app sent me a breaking news update Wednesday morning: "U.S. Economy Unexpectedly Contracted in Fourth Quarter." Based on high government third-quarter spending and government policies and politics occurring during the fourth quarter, the slowdown should come as no surprise. ... more
  • Reuters News
  • Kevin Glass
  • John Ransom
    Since it’s unrealistic to expect politicians to make meaningful cuts in government spending, we need to get back the $19 trillion in private GDP that politicians today are so happily squandering through myriad government schemes. ... more
  • Political Calculations
    We had forecast that real GDP would be recorded at $13,602.8 billion in terms of constant 2005 U.S. dollars, and the BEA's third estimate came in at $13,652.6 billion - a difference of $49.8 billion, or within 0.04% of the BEA's last recorded figure. ... more
  • Ed Feulner
    How would you say the U.S. compares to other nations? No need to guess. We can pinpoint it exactly by using an annual guide known as the Index of Economic Freedom. Top three, you think? Top five? Nope. Last year at this time came the news that the United States had dropped to 10th place. ... more
  • Mona Charen
    Following the fiscal cliff melodrama, Senator Richard Shelby appeared on television to declare that we are becoming European. "We're always wanting to spend and promise and spend and borrow but not cut. We've got to get real about this. We're headed down the road that Europe's already on." ... more
  • Future Generations Wed Dec 5
    Walter E. Williams
    Is there any reason for today's Americans to care about what happens to tomorrow's Americans? After all, what have tomorrow's Americans done for today's Americans? Moreover, since tomorrow's Americans don't vote, we can dump on them with impunity. That's a vision that describes the actual behavior of today's Americans. It would be seen as selfish, callous and ruthless only if it were actually articulated. Let's look at it. ... more
  • Capitalism? Mon Dec 3
    Rich Galen
    With the Redskins playing the Monday night game and the National's still not having made a deal with their 1st baseman, Adam LaRoche, there's not much to think about here in Our Nation's Capital other than that pesky fiscal cliff. ... more
  • Political Calculations
    As we expected, economic growth in the United States picked up in the third quarter of 2012, increasing from the annualized growth rate of 1.3% recorded in 2012-Q2 to 2.0% in the BEA's initial GDP estimate for 2012-Q3. ... more
  • Mike Shedlock
    Japan has extremely serious issues already, it's just that the market is ignoring them for now. If interest rates rise by a mere 2% or so, interest on the national debt will consume 100% of Japanese tax revenue. ... more
  • Political Calculations
    Our less volatile two-quarter GDP growth rate temperature gauge indicates that the U.S. economy is actually trudging along at near-recessionary levels. ... more