Obamacare is projected to cut the national deficit by over $200 billion during its first 10 years, and over $1 trillion over the next two decades. This helps offset the estimated $1.36 trillion net cost of ObamaCare’s insurance related provisions (the gross cost of ObamaCare is $1,839...
Uzbek President Shavkat Mirziyoyevon Thursday called the Chinese president's state visit "historic," saying it would help consolidate the traditional friendship between the two countries, chart a course for future cooperation, and elevate the bilateral partnership to a new height f...
Given this anticipated growth in GDP, even though the debt is expected to increase every year, the economy is projected to grow even faster, so that the CBO anticipates that U.S. federal debt held by the public will decline modestly over the next several years when measured as a percent ...
President Barack Obama's economic recovery plan. The national budget deficit will, according to the author grow to over $7 trillion because of all of the money that Obama wants to borrow. A chart is presented that compares this debt to the national economies of other countries. It is noted...
the brain is constantly developing. It begins its growth from a few all-purpose cells and evolves into a complex organ made of billions of specialized, interconnected nerve cells. By studying brain development in animals and humans, scientists are gaining a better understanding of how the brain ...
In the chart, output growth is measured by the change in the average level of output for the year compared to the average level of output in the previous year. Import growth is measured by the total volume of manufactured goods (capital goods, industrial supplies and materials, automo- ...
Remember, Italy has recorded almost no growth since the formation of the euro at the beginning of 1999, nearly 20 years ago. Italian real GDP has risen by only an annualized 0.4% since 1Q99 and is up only an annualized 0.1% in real GDP per capita terms over the same period (see ...
The second group, mostly advanced economies, saw growth fall by about 1% once theybreachedthe critical 90% level. From 1790 to 2009 growth fell from 3% to 1.7% once debt rose above that level. In the post-war period, growth fell from 3.0% to -0.1%. They also warned that it was not...