Trade uncertainty will hamper growth
Many studies show that increases in policy uncertainty are followed by declines in investment, output, and employment. Trade uncertainty is just as dangerous.
With two consecutive quarters of negative GDP growth recorded for the first half of this year, most agree that our economy has slipped into recession. But few will agree on its cause. Given the Biden administration and others’ attempts to blame skyrocketing price inflation on multiple factors besides its true cause, opponents of a free-market economy will attempt...
The Great Recession technically began in late 2007 and ended in the summer of 2009. So here we are, at the close of 2015, having experienced a longer-than-average recovery from the last downturn.
A desperate mood is taking hold in the country, and the Obama administration seems unwilling to take the steps necessary to allay those worries.
The best treatment for a recession is for governments to set their own broken bones and otherwise stay out of the way.
North Carolina should certainly save more for our fiscal rainy days – but it’s more important that we engage in some fiscal weather control in the first place.
If you’re not following the debate between John Taylor and Alan Greenspan, you’re not paying attention to the central controversy of the present moment.
We’re hearing more in the news about the economic “r” word — a recession. Economists’ opinions today are split on whether a recession is occurring or will occur, but the mere mention of the possibility sends shivers through both Main Street and Wall Street.
The dreaded "r" word — "recession" to economists — is being uttered more frequently today in the media. Some think we're already in a recession, some think we're about to go into a recession, while others think a recession is still unlikely. For the average non-economist, this is all a bit confusing and concerning. While most people might not know what the technical definition of a recession is, they do know one thing: It’s probably not good.
Whomever succeeds Alan Greenspan as chairman of the Federal Reserve will wield considerable clout over the economy.