gross domestic product
GDP is not a synonym for progress. Just look at the blistering inequality around the world.
He also cites it wrong because that's our president.
Can happiness predict political upheaval more accurately than traditional economic measures?
As President Obama prepares to deliver his final State of the Union address on January 12, it's difficult to remember how incredibly bad the economy was when he took office seven years ago and how important financial reform is to getting the economy working again for all Americans.
Growth has lifted humanity from the caves to the cities and given us civilization. Yet today it is scapegoated by its critics for causing many societal ills. Growth's critics rightfully sound the alarm on environmental and social problems. But their criticism of growth misses the real issues of poor policy and misguided public values.
"You really shouldn't have an economy with over $50,000 in GDP per person and have lots of people living in poverty who are willing to work."
If we compare Black child well-being in America to child well-being in other nations, the U.S. Black infant mortality rate exceeds that in 65 nations including Cuba, Malaysia, and Ukraine. Our incidence of low-birth weight Black infants is higher than in 127 other nations.
As America Becomes More Diverse, Lending Barriers to Minority Homeownership Demand Serious Leadership
Recently released mortgage disclosure data findings indicate that a majority of future U.S. households could face significant challenges in achieving homeownership.
In other words, the U.S. government has been a drag on the economy for the past three years, which was not coincidentally
Real GDP contracted at a 2.9 percent rate according to revised data released on Wednesday. That's contracted, as in went down. So, are we back in recession?