economic growth,gdp,gdp growth,limits to growth
On Friday the U.S. Commerce Department reported:
“Consumers pulled back sharply on spending in early 2017…reducing the economy’s quarterly growth to its lowest level in three years.”
That quote is from this New York Times story by Nelson D. Schwartz:
G.D.P. Report Shows U.S. Economy Off to Slow Start in 2017
Wait a minute. Why would the Trump administration celebrate this?
economic growth,economy,gdp,gdp growth,limits to growth
I want to thank U.S. OMB Director Mick Mulvaney for stating so clearly a textbook example of economic growth folklore, conveniently highlighted in this story’s headline:
Mulvaney to Kudlow: ‘Economic Growth Solves All of our Problems’
climate change,economic bro,economic growth,economy,gdp,gdp growth,limits to growth,sustainability
With its recent executive order to gut the US federal government’s climate regulations, the Trump administration has chosen to ignore the ongoing devastating impacts and future risks of climate change while perpetuating the widely believed myth that economic growth drives prosperity.
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Making More Babies the Wrong Cure for Birth Dearth Anxiety
The headline on a recent Bloomberg commentary just begs for infamy on our Wall of Shame:
economic growth,economy,gdp,gdp growth,limits to growth
Again yesterday, we heard the promise of 4%-plus U.S. GDP growth in the coming years. Monday, I believe it was President-Elect Donald Trump’s new Treasury Secretary appointee Steven Mnuchin I saw across the gym on MSNBC making the promise. A few weeks ago we heard him promise 3 to 4 percent.