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GDP Growth

Wesbury’s Monday Morning Outlook: Does Growth Kill or Is There No Growth?
Date: October 18, 2016
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Two weekend articles, in major US newspapers, left us shaking our heads. The Washington Post wrote that “economic growth actually kills people,” while The Wall Street Journal published a piece saying, ironically, we should get used to slow growth – it’s normal. Both are ridiculous. First, The Washington Post cited statistical studies that blame premature […]

Velocity May Be Picking Up
Date: February 22, 2016
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Brian Wesbury’s Monday Morning Outlook article: One of the reasons the current economic expansion has been a Plow Horse rather than a Race Horse is the lack of monetary velocity, which is how fast money circulates through the economy. Velocity has been slow for a lot of reasons, including banks rebuilding capital after 2008-09, Dodd-Frank, […]