The government’s quarterly reports on the gross domestic product (GDP) are useful not only for measuring how fast the U.S. economy is growing or shrinking. They’re also useful for helping to measure whether American economic policy is achieving its most important objective – fostering growth that can be sustained because it’s based on a solid foundation, as opposed to growth that’s bound to implode because it’s based on gimmickry. 618 more words
Tags » Recession
The U.S. Hispanic population is on the rise, and so is Hispanic-owned wealth.
By 2050, the Hispanic population in the U.S. will double, and by 2025 the wealth owned by Hispanic families will likely triple if trends from the past two decades hold. 432 more words
I was invited today to attend a Labour speech featuring the Shadow Chancellor, Ed Balls, who was there to discuss ‘the choice’ facing UK voters in next years general election, a Labour future versus the Tory threat. 948 more words
States’ rainy-day funds are garnering new attention. The Pew Charitable Trusts, for one, is studying the topic.
The Connecticut Mirror writes, “Connecticut was far from the only state whose fiscal reserves weren’t enough to withstand The Great Recession, according to a new report from the Pew Charitable Trusts. 228 more words