As the Obama-Reid-Pelosi economic policies hit their stride the horrid results are coming in: The U.S. economy grew more sluggish than initially estimated in the second quarter, and corporate profits nearly dried up, further evidence that the recovery is losing steam. Gross domestic product, the value of all goods and services produced, rose at an […]

Whoever got the lame brain idea government spending – fueled by running up massive deficits and debt – would ‘stimulate’ the economy is eating some crow now that the government’s own key indicators show no evidence of any stimulus: The recovery lost momentum in the spring as growth slowed to a 2.4 percent pace, its most […]

Forget about millions or billions or trillions, most people cannot get their minds around these numbers. But percentages can be related to. So as the economy grows we can support more debt as a PERCENTAGE of our Gross Domestic Product. Basically, we can loan ourselves a few percent each year to deal with some challenges. […]