In 1950, there were more than 16 workers for every beneficiary. In 2035, that ratio will be only 2.3 workers per retiree.
While some Republicans may have had misguided motivations, a few disrupted McCarthy's campaign in order to enact fiscal restraint. Their colleagues were fine with business as usual.
The Congressional Budget Office projects that future deficits will explode. But there's a way out.
If the midterms favor Republicans, their top priority needs to be the fight against inflation—whether or not they feel like they created the problem.
Most Americans believe so.
France's Authoritarian Establishment Faces Off Against the Even Uglier Authoritarianism of the Far Right
French President Emmanuel Macron is authoritarian-light. Candidate Marine Le Pen is worse.
We must face the reality that the debt does matter.
Biden Administration To Donate 500 Million Doses of Pfizer-BioNtech Covid-19 Vaccine to Poor Countries
Epidemics anywhere threaten immunization efforts everywhere, including here at home.
The spending plan demonstrates an unwillingness to govern and a preference for pandering to special interests.
Never let a good manufactured crisis go to waste
Get ready for more pain caused by COVID-19 as well as by the policies intended to hold it in check.
Implausible worst-case scenarios do not further the debate over reasonable policies for addressing climate change.
Absolute losses increased, but the proportion of losses relative to global GDP has dropped
AI could boost economic growth by 1.2 percent annually between now and 2030.
The nation's GDP rose 4.1 percent in the second quarter, but those good numbers aren't likely to last.
Thirty years of data show "refugee burden" is a myth: Migrants to Europe have been a significant economic benefit
Too much debt slows economic growth and reduces living standards.
Only if you think merely tripling per capita GDP by 2100 is poverty
New study quantifies the damage to economic growth that the accumulation of regulations causes
Reminding pundits Tom Friedman, Robert Reich and others of what they said.
"Gross Domestic Product" measures that include warmaking are not a good measure of citizen well-being.
That amounts to 1.6 percent of the economy in 2100
The last economic contraction was during the first quarter of 2011.
An improvement over last year
If we're to get even close to balancing the books, "mandatory" spending is in for deep cuts.
U.S. GDP is just $16 trillion instead of $54 trillion
May have alluded to GDP figures coming out tomorrow during Prime Minister's Questions