Refine Search
...follows when we spoke for my 2009 book "The Tyranny of Dead Ideas": Companies want profits; countries want gross domestic product. In the old days, profits and GDP mostly went together in the United States for U.S.-based firms; nowadays...
...low-income populations. Together, these policies would put the debt on a downward trajectory as a share of gross domestic product - and would keep it declining for the long term.Our proposal is not our ideal plan, and it is certainly not...
...Advisors to increase by 2030 to 28 percent of the Gross Domestic Product (GDP), the value of all goods and services produced...which will consume so much of our nation's gross domestic product that we will have an unsustainable national debt...
...steam, a report from the Commerce Department came howling across the frozen economic tundra noting that the 2012 Gross Domestic Product contracted 0.1 percent in the year's final quarter. Big whoop! It is, I'm afraid a big whoop. It's...
...starting with a constitutional amendment to require a balanced budget that would limit spending to 18 percent of gross domestic product.How likely was that (terrible, in my view) idea to pass Congress, I asked.Not very, the senator acknowledged...
...and Sebastia-Barriel find a significant long-run effect: For each year of a financial crisis, the level of gross domestic product per capita is reduced in the long term by 1.5 percentage points. In other words, a crisis lasting five years...
...current projections by the Congressional Budget Office, by 2025 public debt will have reached 106 percent of gross domestic product. By 2035, it will have reached 181 percent. What would happen after that point is an academic question: We...
...1.2 trillion over 10 years - from kicking in at the start of 2013. Such "fiscal tightening" would cut gross domestic product by 0.5 percent next year, with the hit concentrated in the first half, and increase the unemployment rate...
...pledges to shrink the government to 20 percent of the size of the economy, as opposed to more than 23 percent of gross domestic product now, by the end of his first term. The Romney campaign estimates that would require cuts of $500 billion from...