Summary: American elections often turn on recent economic growth. So Trump's future, the GOP's future, and perhaps the course of US politics might depend on the what the economy does during the next three years. Here one of the world's top forecasting firms looks at our future. They see slowing growth, which Trump's fiscal stimulus … Continue reading Trump’s Tax Cuts Won’t Offset the Impending Slowdown
Summary: The Economic Cycle Research Institute (ECRI), who correctly predicted the slow recovery, explains the slow growth in which the US and Japanese economies are mired, and the fantastic monetary experiment waged by central banks to prevent them slumping into recessions. Appreciate the wonders of our time. The recovery since 2008 has been difficult for … Continue reading ECRI looks at our Great Monetary Experiment: It’s Too Big to Fail
Summary: Trump serves a common and vital role in US politics, introducing popular issues that the elites of both parties suppress. Such as immigration. Here are some of the numbers that show why many Americans worry about the high rate of immigration (but not our elites, who love the cheap workers and politically passive voters). … Continue reading The numbers about immigration that fuel Trump’s campaign
Summary: Now in its sixth year, this sorry excuse for an expansion is ready to boom -- accelerating to "escape velocity" -- according to many economists. Or perhaps the boom grows old, even sclerotic, so we should start watching for the next recession. The consensus of economists never sees a recession until it begins, so … Continue reading Listen to the slowing US economy, hear echoes of Japan
The US economy has repeatedly failed to resume normal growth after the crash. But potentially worse is the decline in long-term growth estimates. This is part one of two posts describing the dilemma. <a href=""> Read More...