Category: Economy

Second-Quarter Gross Domestic Product Growth Hits Trump’s 3.0 Percent Figure

Trump’s twitter fingers will get more exercise, thanks to the Commerce Department. The Commerce Department’s second-quarter estimate of gross domestic product growth is 3.0 percent. That’s better than some economists predicted. The consensus was Q2 results would be 2.7 percent, thanks to strong consumer spending. The first-quarter 1.2 percent figure was a disappointment, and the

How the U.S. May React to the Crisis in Venezuela

On the final weekend of July, the beleaguered President of Venezuela Nicolás Maduro defied the Organization of American States and held a constitutional referendum that could give him considerable power to rewrite the constitution of the oil-rich South American nation. More than a dozen people died in violent protests as people ostensibly headed to the

Democrats Unveil New Economic Agenda

The Democratic Party have announced a sweeping new agenda focused on . Democratic leaders met in Virginia to announce their plans, which include raising the minimum wage to $15 per hour, controlling prescription drug prices, and creating new rules against corporate consolidation. The new agenda, which Democrats have dubbed “A Better Deal,” comes after several