And the United States might pull out of its present funk as it did in a sudden twice during the past century: in the first years of World War II, and during the first Ronald Reagan administration.
For the past two decades, the United States wasted th…
Aug 23, 2011
The winner economy and the loser economy
By Spengler
Just what do America’s large multinational corporations have to do with the US economy? Very little, judging by the data.
Item: Final sales of domestic product rose by 3.8% (with…
June 2, 2011 updated
How do you get from Nominal GDP to Real GDP? The Bureau of Economic Analysis (BEA) uses its own GDP Deflator for this purpose. In a recent commentary Rick Davis, the founder of Consumer Metrics Institute, made some interestin…
