The boom is here: the economy just grew 5 percent, and it’s not going to stop

The boom is here: the economy just grew 5 percent, and it’s not going to stop

The economic recovery is real, and even though it’s not spectacular, it’s getting there.

The good news is that the economy grew at a 5 percent annual pace in the third quarter this year, revised up from the 3.9 percent that the Commerce Department had previously estimated. It’s the best quarterly growth since 2003, and, on the heels of the 4.6 percent growth in the second quarter, it’s also the best six months the economy has had in that long. The even better news, though, is …

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Forbes: Obama is best modern economic president

Forbes: Obama is best modern economic president

Yes, you heard that right. Adam Hartung makes the case for why Obama has been better on the economy than any other modern president. Of course, because he’s writing at Forbes and choses to consult with the CEO of an investment firm, the premise is that, prior to Obama, Ronald Reagan held that title. Some folks might argue that it previously went to Clinton. Read more …

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Who’s Helped By Raising The Minimum Wage?

Who’s Helped By Raising The Minimum Wage?

Democrats vs. Republicans – Economic Growth

Democrats vs. Republicans – Economic Growth

GDP +4.2% each year since 1949 when Dems run the WH, versus 2.6% for GOP. S&P 500: Dems: 12.1%, GOP: 5.1%

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Six Charts of Income Inequality

Six Charts of Income Inequality

History has proven time and time again that the only time politicians do the bidding of the common people is when they’re forced to.

Politicians are, and have always been, only as good as you force them to be.

It’s a simple fact: The wealthy elite own assets; the poor have debts.

The Russell 2000 is a good stock index example. It’s been on a roll recently.Guess who owns those assets? I’ll give you a hint: it isn’t the poor.

More importantly, unlike the pre-bubble economy, rising stocks aren’t …

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Here’s What Economic Growth Looks Like, in 3 Charts

Here’s What Economic Growth Looks Like, in 3 Charts

Cuts Hurt Ohio

A total of 2.8 Billion dollars has been cut from Ohio communities. Review a county-by-county breakdown of the cuts and how it is affecting your area of Ohio.

 

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This Is What The Nation’s Crumbling Infrastructure Really Looks Like

Hundreds of thousands of bridges across the country are in bad shape, and the result can be tragic.

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Kasich Economy

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Wealth Inequality in America

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