Posts Tagged ‘GDP’

  • Ice cream stores

    Double Dips

    Aug 7, 11 • 249 Views • No Comments

    We do not know whether a double dip has begun. Cascading during 2008 and the first half of 2009, the GDP then began to climb. Only if it drops again will we have a double dip. In the NY Times, financial journalist Floyd Norris does a beautiful job of...  [read more]

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    Understanding Unemployment

    Aug 5, 11 • 211 Views • No Comments

    A Washington Post article provided some insight about unemployment by suggesting that we place all US jobs into 2 buckets: One bucket contains firms participating in a global market. Some export goods and services. Others face competition from imports....  [read more]

  • Human capital helps GDP Grow

    GDP Solutions

    Aug 2, 11 • 236 Views • No Comments

    It is all about GDP.  In this article, the WSJ does a good job of explaining how each GDP component might solve our problems…or make them worse. Consumer Spending: The largest part of GDP, consumer spending has propelled recovery in the past. With...  [read more]

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    Children and Wealth

    Jul 24, 11 • 245 Views • No Comments

    More wealth seems to mean fewer children. Look at a graph of fertility in the U.S from 1800-1990. The birth line plunges. Consider India, China, South Korea, Singapore. As per capita GDP rises, births plummet. See this gapminder graph for rich countries and...  [read more]

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    Understanding the Jobs Report

    Jul 9, 11 • 232 Views • No Comments

    Hearing yesterday’s jobs report, most people said, “No good news.” Lower wages, almost no hiring, less time on the job and 9.2% unemployment meant more worries about the economy. These facts might provide some insight. The output gap:...  [read more]