Archive for the ‘Economic Growth’ Category

KS legislature for the win!

June 8th, 2017

Really happy to see the Kansas legislature reject the predictably failed supply-side tax cut “experiment” that’s been whacking the state’s coffers since 2012. Over at WaPo but one extra note here. I’ve heard some supporters of the cuts–and there are surprisingly few, which I consider another gain for humanity–argue: “But KS is adding jobs; GDP… Read more

A quick comment on GDP growth

May 26th, 2017

Revised GDP came out this morning for the first quarter of 2017, and the headline number was 1.2%, revised up from 0.7% in the preliminary report. That’s quarterly growth, annualized. But OTE’ers know I’m all about the bass year-over-year trend, which came in at 2%. Same as last quarter. Same as the average growth rate… Read more

Catching up on some links…

May 25th, 2017

…to stuff in faraway lands. EG, here’s a piece in the NY Daily News wherein I argue that for all the voices proclaiming that Trump’s really nasty and thoroughly mathematically challenged first budget is “dead-on-arrival” in the Congress, that’s unfortunately not quite accurate. Why not? Because “virtually every priority in Trump’s budget is one that Republicans… Read more