by Henry Oliner | Feb 10, 2017 | Business, Economics
From the Wall Street Journal Editorials, About That Obama Boom: A closing word to Trumpians who will point to the fourth-quarter decline in net exports that subtracted 1.7% from GDP. Part of the explanation is that a bumper crop of soybean exports boosted growth in...
by Henry Oliner | Jan 28, 2017 | Economics
From the Wall Street Journal Editorials, About That Obama Boom: Speaking of weak, growth for all of 2016 clocked in at 1.6%, the slowest since 2011 and down from 2.6% in 2015. That marks the 11th consecutive year that GDP growth failed to reach 3%, the longest period...
by Henry Oliner | Sep 11, 2016 | Business, Economics, Politics
from The Clinton Plan’s Growth Deficit by John Cochrane in The Wall Street Journal The rest of Mrs. Clinton’s economic agenda is a thousand-course smorgasbord of government expansions, with the same deficiencies. A random sample: Higher taxes on capital gains and...
by Henry Oliner | Aug 23, 2016 | Business, Economics
From Barron’s Stephanie Pomboy: A Grim Outlook for the Economy, Stocks by Leslie Norton The statistics bear this out. Over the last four years, U.S. nominal GDP growth has gone from 4.3% to 4.1% to 3% to 2.4%. The deflator, the inflation we are supposed to be...
by Henry Oliner | Aug 12, 2016 | Business, Economics
from The Clinton Plan’s Growth Deficit by John Cochrane in The Wall Street Journal America’s foremost economic problem is sclerotic growth. If the economy continues to expand at only 1% to 2% a year, instead of the historical 3% to 4%, then current economic and...