Tag Archives: Gross National Product (GNP)

The Soft Bigotry of Low Economic Expectations (Graph of the Week)

Right now the U.S. economy is near full employment and operating at full capacity. The unemployment rate is low, and set to decline further as job growth continues to outpace labor force gains. Wages are rising, and inflation is picking up after five years of running below target. It is clear the business cycle has […]
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