Tags

"GDP"

Breaking Down the CBO Budget Outlook

February 7, 2013

This month, the Congressional Budget Office (CBO) released its “Budget and Economic Outlook” for 2013-2023. The report includes information on a ballooning debt, skyrocketing healthcare costs and an unemployment rate that is at the highest level of sustained unemployment in 70 years. The report makes it clear that policies in Washington aren’t addressing the serious effect that government spending is having on our economy.

U.S. GDP Growth Contracts Slightly in Fourth Quarter

January 30, 2013

The Bureau of Economic Analysis (BEA) reported today that the U.S. economy shrank 0.1 percent during the fourth quarter of 2012. This contraction was the worst quarterly performance since the financial crisis in 2009.

Gretchen Hamel on Neil Cavuto

January 30, 2013

What’s behind the sudden drop in GDP? Gretchen joins Neil Cavuto on Fox Business Network to discuss how our economic growth has become dependent upon government spending.

An Expanding Debt Crisis

September 27, 2012

Yesterday, 50,000 Greeks took to the streets in Athens to protest debt reduction measures meant to keep the country from, once again, defaulting. But, conditions in Spain could prove to worse an already dire situation.

Headed in the Wrong Direction

June 1, 2012

Today the department of labor released their latest monthly jobs report. As Keith Hall, a senior fellow at George Mason University said, “It’s just headed in the wrong direction.”

State News Roundup

News Roundup | May 3, 2012

Wyoming plans to spend $7 million nationwide on tourism marketing to promote itself to potential tourists. North Carolina receives mixed news about its economy. Private Space flight in FL has promise to bring new jobs to Cape Canaveral.

Worldwide Debt to GDP

March 2, 2012

The Economist has released an interactive map of the world displaying Debt to GDP ratios for each country.