Sponsored by
gdp

gdpRSS

418,000 jobless claims crater 10 years of new jobs in just five weeks

New jobless claims in Arizona over the past five weeks have wiped out two-thirds of the new jobs created in the state over 10 years, according to the latest numbers from the Arizona Department of Economic Security. ... Read more»

Trump signs new trade deal with Canada and Mexico

President Donald Trump on Wednesday officially signed the new trade agreement between the U.S., Mexico and Canada, finalizing a deal that overhauls labor, environmental and intellectual property rules. ... Read more»

Giffords report claims gun violence in Arizona costs state billions

A new report claims that Arizona loses as much as $1.9 billion every year to costs directly associated with gun violence, from lost wages to expenses on everything from health care to police and criminal justice. ... Read more»

FactChecking the GOP candidate forum

Several Republican presidential candidates made false and exaggerated claims at a candidate forum in New Hampshire on Aug. 3.... Read more»

This is how income inequality hurts the U.S. economy

A new report by Standard & Poor's highlights the growing risks of income inequality to the U.S. economy. ... Read more»

Report: Federal shutdown will slow Az's 4th-quarter growth

The federal government shutdown last month could shave 0.3 percent off the expected growth of Arizona’s gross state product in the fourth quarter of this year, according to a recent report.... Read more»

Analysis

The United States’ long-term debt problem isn’t as bad as you thought

In recent years we have been repeatedly warned that the federal government is on track to accumulate an unsustainable amount of debt over the next several decades. This debt, we’ve been told, will eventually crush our economy unless we drastically cut entitlement programs such as Medicare, Medicaid, and Social Security. But our long-term fiscal challenges are far less frightening than we have been led to believe.... Read more»

Analysis

Immigrants are makers, not takers

Mainstream economists have thoroughly debunked the general stereotype of immigrants as takers, finding that immigrants are a net positive for the economy and pay more into the system than they take out. ... Read more»1

Analysis

Revenue from the fiscal cliff deal in context

Though the fiscal cliff deal passed by Congress late on New Year's Day will raise a substantial amount of new revenue over the next decade, the resulting revenue levels will still be significantly below what bipartisan experts believe we will need in the medium term and far lower than the last time the budget was balanced.... Read more»

Analysis

Global power will shift by 2030

A new U.S. intelligence report forecasts an end to U.S. predominance.... Read more»1

Moody's confirms AAA rating, lowers outlook

In the wake of the debt-ceiling deal signed into law by President Obama on Tuesday, the credit rating agency Moody's has confirmed the nation's AAA credit rating, and said that the deal "virtually eliminated" the risk of a default. But the agency also lowered its rating outlook to "negative."... Read more»1

Recession worse than thought

Revised data show the 2007-2009 recession was even deeper and the recent recovery much slower than the Commerce Department previously reported.... Read more»