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Keyword: growth

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  • Grand Parkway debate comes east with construction three new segments

    01/14/2020 7:42:49 PM PST · by Tolerance Sucks Rocks · 10 replies
    The Houston Chronicle ^ | December 26, 2019 | Dug Begley
    Houston is a faraway place on FM 1413 in southern Liberty County, where a driver is more likely to see a pony munching on grass than a shop on the corner. If not for the trees and an electrical transmission line, the sky would be unbroken, horizon to horizon. It soon could look a lot more like other parts of suburban Houston where the Grand Parkway has gone, with cul-de-sacs replacing horse pastures and retail centers sprouting at major intersections.
  • How the 2010s Became the Decade of Debt

    01/08/2020 11:09:11 AM PST · by Tolerance Sucks Rocks · 13 replies
    The Daily Signal ^ | January 07, 2020 | David Ditch
    At the end of 2009, the total federal debt was $12.3 trillion—a staggering amount of money. Now, it stands at an astonishing $23.1 trillion. That’s roughly $180,500 of debt for every U.S. household. It is important for Americans to understand how we got here, and what lawmakers can do to bring back fiscal sanity. Poor Handling of the Financial Crisis The federal government entered the 2010s with sky-high annual deficits. This had two primary causes. First, the Great Recession reduced incomes and profits, which meant a sharp decrease in tax revenue. A slow economic recovery kept tax revenue relatively low...
  • Economic Growth Accelerated to 2.1% Rate in Summer

    11/27/2019 7:05:44 AM PST · by ChicagoConservative27 · 7 replies
    Breitbart ^ | 11/27/2019 | John Carney
    The American economy grew at a faster pace this summer than estimated earlier. Gross domestic product grew at a 2.1 percent annual rate for the third quarter, the Commerce Department said yesterday in its second estimate of economic growth. That is a substantial boost from the 1.9 percent in the earlier estimate. While businesses pulled back on investment in the summer, likely because of fears of sluggish global growth and uncertainty over the direction of trade and monetary policies, consumers remained confident and spending high, thanks to rising wages and extremely low unemployment.
  • A Pro-Growth Alternative to the Left’s Tax Hike Agenda

    11/21/2019 2:14:54 PM PST · by Tolerance Sucks Rocks · 5 replies
    The Daily Signal ^ | November 20, 2019 | Adam Michel
    America needs a bold agenda to solidify the current economic expansion and return hard-earned money to taxpayers. That runs counter to the consensus of those on the left, who want large increases in federal spending and dramatic tax increases to pay for them. Their plans are so expansive that it will require both middle-class payroll tax hikes and broad new taxes on American savers, investors, and employers. Opposing that growth-killing agenda isn’t enough. Conservatives need to draw a stark contrast and push for a second round of tax relief that will let workers keep more of their money, make it...
  • Maryland and Virginia to rebuild and widen the American Legion Bridge, governors say

    11/15/2019 12:47:04 PM PST · by Tolerance Sucks Rocks · 35 replies
    The Washington Post ^ | November 12, 2019 | Robert McCartney, Luz Lazo and Katherine Shaver
    Maryland and Virginia will partner to rebuild and widen the American Legion Bridge in a ­billion-dollar project to relieve congestion at the Washington region’s worst traffic bottleneck, the states’ governors announced Tuesday. In an unusual example of interstate cooperation, Virginia has agreed to help pay for the project even though most of the bridge — like the Potomac River flowing beneath it — belongs to Maryland. The plan marks a breakthrough in a years-long impasse over widening the bridge on the northwestern stretch of the Capital Beltway. In the past, Maryland has said it didn’t have enough money for the...
  • ADOT widens I-10, but will it be enough?

    10/06/2019 8:27:48 PM PDT · by Tolerance Sucks Rocks · 14 replies
    Arizona Public Media ^ | October 1, 2019 | Jake Steinberg
    Interstate 10 is now three lanes both ways between Tucson and Casa Grande, but your commute probably won’t get faster. The Arizona Department of Transportation projects I-10 could be bumper-to-bumper all the way to Casa Grande during rush hour by 2035. The route currently carries around 60,000 vehicles daily, and that could quadruple depending on the region’s growth, according to an ADOT spokesperson. John Moffatt, director of economic development for Pima County, said those backups won’t just be bad for commuters. He said they will hurt trade with Mexico. “Trucks are like water. They find the path of least resistance...
  • A Wealth Tax Is Pro-Growth: Don't Believe the Scaremongering (NY Times Op-Ed)

    10/03/2019 10:42:03 AM PDT · by SeekAndFind · 57 replies
    New York Times ^ | 10/03/2019 | By David Leonhardt
    Does this sound like a healthy economy to you? * In nine of the last 10 years, the economy has grown more slowly than professional forecasters had predicted. * Annual G.D.P. growth has not reached 3 percent in almost 15 years. * Median net worth for American households has declined, after adjusting for inflation, since the late 1990s. Those are all big warning signs. They show that the United States is suffering through an era of slow growth — and that the gains from that growth are flowing disproportionately to a small slice of mostly affluent households, making the gains...
  • I-11 opponents in Hidden Valley find accord with Finchem (Arizona)

    09/22/2019 1:41:28 PM PDT · by Tolerance Sucks Rocks · 6 replies
    In Maricopa ^ | August 27, 2019 | Raquel Hendrickson
    Republican Mark Finchem and Democrat Tom O’Halleran agree on at least one thing regarding Interstate 11. Both expect to be deceased before the proposed roadway becomes a reality. Finchem, a District 11 state representative spoke to Hidden Valley residents last week in a gathering attended by Blanca Varela, a representative from Congressman O’Halleran’s office, at Mountain View Community Church. The proposed interstate is a long-range goal of Arizona Department of Transportation and is expected to pass through Hidden Valley south of Maricopa. While Finchem has been outspoken against I-11, O’Halleran has remained neutral. Varela said the congressman had expressed to...
  • Roads vs. pristine Florida? Gov. DeSantis signs massive toll road bill

    06/11/2019 3:10:34 PM PDT · by Tolerance Sucks Rocks · 28 replies
    The Florida Phoenix ^ | May 17, 2019 | Michael Moline
    Despite pleas from two former state governors and at least 90 environmental and community groups and businesses, Gov. Ron DeDantis on Friday signed a multibillion-dollar plan to build long stretches of toll roads across undeveloped sections of the state. The legislation has been labeled “the worst environmental bill in twenty years.” And the Florida Sierra Club has warned of pristine areas becoming urban sprawl, where “subdivisions and strip malls will proliferate and the natural resources that bring visitors to the state will be overused and overrun.” DeSantis approved the bill anyway. The announcement came not from the governor’s press office...
  • A $2 trillion mistake? Here’s what Washington must do to get infrastructure right

    05/19/2019 5:50:33 PM PDT · by Tolerance Sucks Rocks · 19 replies
    The New York Post ^ | May 15, 2019 | Brian Riedl
    President Trump and Democratic leaders have discovered the one policy that unites Washington: spending money we don’t have. Yet their bipartisan pledge to spend an added $2 trillion on infrastructure over the next decade faces serious obstacles if these leaders are to responsibly improve our infrastructure. First, Washington should spend only as much as it is willing to offset with other savings. Putting $2 trillion on the national credit card would boost deficits that are already on course to surpass $2 trillion a year within a decade, due mostly to entitlements. These deficits are projected to push ­annual interest costs...
  • Report: Older Workers Fueling Job Market

    05/02/2019 9:36:34 AM PDT · by Vigilanteman · 23 replies
    Thomas.Net ^ | 2 May 2019 | Anna Wells
    When older workers participate in the job market, it not only lowers unemployment rates but, in an economy like today’s, it fills a vital skills gap in the labor force. A recent article from Reuters suggests that the economic boom of the past few years has been buoyed by Baby Boomers who have found their way back to the workforce. The report cites data from the Bureau of Labor Statistics that says 3 million Americans over the age of 55 joined (or rejoined) the workforce over the past three years. For perspective, that makes up approximately 60% of the total...
  • ‘Prosperity in Peril’: DC region bus study recommends significant changes

    04/29/2019 11:50:45 PM PDT · by Tolerance Sucks Rocks · 11 replies
    WTOP ^ | April 29, 2019 | Max Smith
    The D.C. region could be suffocated by even more traffic if major improvements to the region’s bus system do not come soon, a draft report obtained by WTOP finds. Even so, making those changes in a way that avoids negative impacts could be extremely challenging. The Washington Area Bus Transformation Project draft strategy’s executive summary, labeled “not for circulation,” paints a dire picture of what happens if bus-only lanes, totally revamped bus routes and other changes are not implemented: “Without transforming the bus system, the region’s competitiveness and livability are at risk.” The report groups more than two dozen recommendations...
  • Economy “Unexpectedly” Grew at 3.2% Clip in First Quarter Boosted by SHRINKING TRADE GAP

    04/26/2019 8:18:58 AM PDT · by xzins · 63 replies
    The Gateway Pundit ^ | 26 Apr 19 | Jim Hoft
    The US economy surged “unexpectedly” in the first quarter of 2019 to 3.2% growth. Economists predicted a 2.5% growth. Jack Posobiec ✝️ ✔ @JackPosobiec 🔥 Piers Morgan ✔ @piersmorgan BREAKING: US first-quarter GDP rockets by 3.2%, vs 2.5% expected growth. Brace yourselves Trump-haters, if the economy keeps doing so well, President @realDonaldTrump will be almost unstoppable in 2020. 277 9:11 AM - Apr 26, 2019 Twitter Ads info and privacy 113 people are talking about this This won’t make many headlines… The US economy was boosted by a SHRINKING trade gap. Via the Wall Street Journal.
  • Stuart Varney on new Wall Street record: ‘It's the Trump growth agenda success story’

    04/24/2019 12:03:32 PM PDT · by SeekAndFind · 20 replies
    Fox News ^ | 04/24/2019 | Talia Kaplan
    Stuart Varney, host of “Varney & Co.” on Fox Business, said Wednesday the new Wall Street record high can be attributed to the “Trump growth agenda,” which he said “has been wildly successful.” Varney made the statements on “Fox & Friends” the morning after the S&P 500 hit an all-time high, recovering from last year's dramatic plunge. “We’re in earnings season. That's the time when the big corporations tell us how much money did you make. That's what they are telling us right now,” said Varney, a Fox News business contributor on “Fox & Friends.” “The expectation was the profits...
  • Face It: You (Probably) Got a Tax Cut

    04/15/2019 7:56:50 PM PDT · by TBP · 25 replies
    The New York Times??? ^ | April 14, 2019 | Ben Casselman and Jim Tankersley
    If you’re an American taxpayer, you probably got a tax cut last year. And there’s a good chance you don’t believe it. Ever since President Trump signed the Republican-sponsored tax bill in December 2017, independent analyses have consistently found that a large majority of Americans would owe less because of the law. Preliminary data based on tax filings has shown the same. Yet as the first tax filing season under the new law wraps up on Monday, taxpayers are skeptical. A survey conducted in early April for The New York Times by the online research platform SurveyMonkey found that just...
  • A collection of links for the economic growth of China and the economic growth of the United States

    01/25/2019 8:55:09 PM PST · by vannrox · 8 replies
    Various ^ | 26JAN19 | Editorial Staff
    After reading how the Chinese economy is "tanking" because they "only" had a 6.6% economic growth rate, and how the US economy is "exploding" because of 2.7% economic growth, I thought it might be illustrative to collect various links on this subject. CHINA China’s 2018 economic growth sinks to 3-decade low China's economy grew 6.6% in 2018, the lowest pace in 28 yearsUSA U.S. economy to grow 2.7 percent in 2018, boosted by Trump tax overhaulUS economy grew modestly to start 2018United States GDP Growth Rate | 2019US Economic Outlook for 2019 and BeyondUS economic growth revised down to 2.2%...
  • If 'community grid' replaces Interstate 81 in Syracuse, what will happen to the land?

    11/21/2018 8:29:54 AM PST · by Tolerance Sucks Rocks · 25 replies
    The Syracuse Post-Standard ^ | November 12, 2018 | Patrick Lohmann
    SYRACUSE, N.Y. -- If a "community grid" is chosen to replace Interstate 81 in downtown Syracuse, what will happen to the land that's now under the aging viaduct's shadow? Whether it will be turned into green space or developed commercially is still an open question, according to city and state officials. A group of local architects is hoping to force the issue. The local chapter of the American Institute of Architects estimated in a recent paper that 18.6 acres of land will be made available if the 1.4-mile elevated highway is taken down. Taking the viaduct down and beefing up...
  • How do Hogan and Jealous compare on transportation?

    11/04/2018 8:03:57 PM PST · by Tolerance Sucks Rocks · 34 replies
    WTOP ^ | October 26, 2018 | Bruce DePuyt, Maryland Matters
    By Bruce DePuyt — When Gov. Lawrence J. Hogan Jr. (R) announced a major plan to widen three Maryland roadways last year, even transportation insiders were caught off-guard. “I was surprised by it, but I rejoiced at it,” said John B. Townsend II, AAA mid-Atlantic’s manager of public and government affairs. “As much as people are loath to admit it, the congestion in Maryland has limited economic development in the state. And [it has] impacted the quality of life because of the amount of hours — more than 80 hours a year [on average] — we spend being stuck in...
  • Infrastructure For The Next Century: What Americans Will Need To Build Next

    10/24/2018 12:14:34 AM PDT · by Tolerance Sucks Rocks · 24 replies
    Forbes ^ | October 3, 2018 | Michele Lerner
    If Elon Musk’s Boring Company succeeds, the fantasy of slipping into a pod and being whisked from Washington, D.C. to New York City in less than 30 minutes may become a reality. As startling as that might be, such transformational projects are nothing new. Think of how Americans of a half-century ago felt once the national interstate highway system was complete and a cross-country road trip shortened from two weeks to five days. Infrastructure improvements in the U.S. – such as the interstate system, built in the 1950s and 1960s, the first transcontinental railway in the 1860s, and the Erie...
  • Releasing the US economic engine

    08/03/2018 10:26:32 PM PDT · by jmclemore · 15 replies
    Me
    Trump wins election and the economy starts clawing itself out of the liberal grave it was forced into. Trump rolls back EPA rules and the economy stands up and starts walking. Trump gets tax reform and the economy starts galloping like a thoroughbred. Trump starts slapping our trade partners with tariffs and instead of economic calamity, the jobs you can't bring back, start returning on their own and the economy is now soaring.... What next.... Where are the finial restrains, real or imagined, that Trump can remove.