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How Do We Speed Up Economic Growth?
The 2015 Economic Report of the President has just been released. It shows that the slow growth of productivity is playing a bigger role in squeezing middle class incomes than the rise of economic...
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Why Is U.S. Productivity Growth Declining?
The economist Alan Blinder has just reported, “The Mystery of Declining Productivity Growth” that U.S. productivity growth has fallen dramatically in the last few years. “The healthy 2.6% a year...
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Economic Growth is Slowing Down: What Shall We Do about It?
My last post, “Why Economic Growth is Slowing Down,” reports on the work of the economist Robert Gordon in his book “The Rise and Fall of American Growth.” Mr. Gordon makes a persuasive argument...
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The Source of Economic Growth
In my last post, “What the Republican presidential candidates should be saying,” I summarized the argument by the economist, John Cochrane, that “sclerotic growth is the economic issue of our time.”...
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Why Is U.S. Economic Growth So Slow?
In a recent post I discussed the issue of slow economic growth in the U.S. and why it is so harmful and dangerous to our nation’s future. In short, it not only deprives many citizens of a more...
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How to Get Our Economy Back On Track
My last several posts have expressed dissatisfaction with both presidential candidates and the hope that whoever wins in November (very likely Hillary Clinton) will work with the Republican House of...
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What Is Slowing Down Today’s Economy?
We will soon have a new President and, even though his election was somewhat of a fluke, he will obviously want to help the blue-collar workers who elected him. The best way to do this is to make...
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An Optimistic View of the U.S. Economy
The current economic expansion, beginning in June 2009, is now one of the longest in recent years. Furthermore, low-wage workers are beginning to see bigger gains in pay. Since the rate of...
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