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nd rock had returned to the American charts. Still, the label had its share of late 1970s success. Among the later hits were "Enjoy Yourself' by The Jacksons in 1976, and "Ain't No Stopping Us Now" by McFadden and Whitehead in 1979. One song they wrote, called "My Mood" was adopted in 1980 as the close o
In contrast, the gross domestic product grew at a rate of 2.7 percent over this period, with tax revenues increasing at about the same rate as the G.D.P. Spending on infrastructure and government services, excluding defense, has kept pace with gross domestic product growth. (Spending on infrastructur
ns were murdered by guns. The pregnant Breshauna Jackson was killed in Dallas, allegedly by her boyfriend.
nding we'll turn into Greece any day now. After all, haven't economists proved that economic growth collapses once public debt exceeds 90 percent of G.D.P.? Well, the famous red line on debt, it turns out, was an artifact of dubious statistics, reinforced by bad arithmetic. And America isn't and can't
ed by Woodrow Wilson, who explicitly wanted the American government to be like the more responsive parliamentary system of the United Kingdom. Like Jackson, he argued that the President was the "one national voice in the country." Every President since Wilson has at least implicitly adopted this theor
precipitate drop in government spending would equal an economic contraction of more than five hundred billion dollars, more than three per cent of G.D.P. The impact could send a fragile economy back into a recession. "It's two to three times bigger in negative terms than even the biggest year of the
an Crocker's `strategic patience' in Afghanistan Jackson Diehl Article 6. NYT An Impeccable Disaster P
ll-scale market run on the much larger economies of Spain and Italy. At this point countries in crisis account for about a third of the euro area's G.D.P., so the common European currency itself is under existential threat. And all indications are that European leaders are unwilling even to acknowled
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