While most of the developed world (notably, the United States) displays continued economic growth, Great Britain continues to lag, with a mix of villains behind its poor performance.     Covid and inflation notwithstanding, every other major country has been able to eke out at least a modicum of economic growth since the pandemic struck […]

Last Friday’s extraordinary jobs report was just the latest in a string of recent data that show a strong economy, including signs of moderating inflation. In addition to the good news on jobs, the most recent report on overall economic activity showed that real gross domestic product grew at a 2.9% annual rate in the […]

Important news that has received little attention: Enrollments in the Affordable Care Act exchanges have been rising sharply and the number of Americans without insurance have been falling commensurately. After a strong start under President Obama, the number of Americans buying their insurance through ACA exchanges flatlined during the Trump administration, as Trump did his […]

House Republicans have declared themselves ready to take a stand against the federal government incurring more debt, borrowings that are used to finance the large deficits that Washington incurs every year. But raising the limit on borrowing – known as the “debt ceiling” – has been regular occurrence for many decades, regardless of which party […]

On MSNBC’s Morning Joe today, Steven Rattner charted the surprisingly positive recent trends in American economic inequality. Amidst our many economic concerns – from inflation to a potential recession – there’s also some good news on the economy: Income inequality, while admittedly still at extraordinary levels, has begun to narrow. A meaningful part of the growth […]