On August 27, 2010, the BEA reduced its estimate for 2Q2010 GDP growth from 2.4% to 1.6%. This is far lower than the 3.7% growth seen in 1Q2010, much less the 5.0% growth reported for 4Q2009. Total employment declined by 495,000... more ››
Berkeley, Calif.
OUR national debate about fiscal policy has become skewed, with far too much focus on the deficit and far too little on unemployment. There is too much worry about the size of government, and too little... more ››
WASHINGTON - How well is the stimulus working? This week saw disappointing data in durable goods orders and housing, prompting some economists to predict a double dip recession.
Yet on Tuesday the nonpartisan Congressional Budget... more ››
