The debacle of 1932 is the most famous example, but Republican losses span the period 1842 through 2020. By Phil Gramm and Donald J. Boudreaux May 21, 2025 1:37 pm ET The Trump administration is looking for an exit strategy from the most destructive parts of its trade war. The uncertainty...
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Monthly Archives: May 2025
WSJ-Yes, the U.S. GDP Decline Is an Ominous Sign
It isn’t a statistical artifact but a warning of a real slowdown. By Phil Gramm and Donald J. Boudreaux May 6, 2025 5:04 pm ET U.S. gross domestic product shrank by 0.3% in the first quarter of 2025, according to an April 30 report from the Bureau of Economic Analysis. The...
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