Monthly Archives: December 2020

What Happened to Our Leaders?

Answering the Kennedys’ Call Wikipedia President-Elect Biden is 78 years old, and will be the oldest President in our history when he is sworn in. He continues to uphold the recent age levels of POTUS set by Donald Trump (74), … Continue reading

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Recovery Slows As Pandemic Surges

Financial FAQs ChicagoFed This Chicago Federal Reserve graph of national activity starkly portrays the present state of the US economy. The multi-colored bar represents deviations from the historical growth average, which is the zero line on graph. It is still … Continue reading

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What Civil War?

Answering the Kennedys’ Call Texas, 17 other red state Attorneys General, and 126 Republican House members tried to keep President Trump in power after January 20 by breaking election laws and ignoring the United States Constitution. But the Supreme Court, … Continue reading

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Retail Sales, Consumer Spending Falter

Financial FAQs FREDretailsales Sales at U.S. retailers fell in November for the second month in a row and posted the biggest decline since the onset of the pandemic, showing effects of the record rise in coronavirus cases. Retail sales fell … Continue reading

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The Path to Economic Recovery—Part II

Financial FAQs Calculated Risk As I said in Part I of this series, there is a path to economic recovery from the worst recession since the Great Recession. Firstly, it means studying what economic policies have worked in past recoveries. … Continue reading

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The Path to Economic Recovery

Financial FAQs Calculated Risk There is a path to economic recovery from the worst recession since the Great Recession—and maybe the Great Depression. But it means escaping from the free market economic orthodoxy that has prevailed since 1980, and which … Continue reading

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Unemployment Report Shows Economic Toll From COVID-19

Popular Economics Weekly MarketWatch Economists have been asking what if we have a ‘double-dip’ recession; i.e., should the US economy return to negative growth in the fourth quarter or Q1 of 2021? The Bureau of Labor Statistics (BLS) unemployment report … Continue reading

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Ending Our Economic Civil War—Part II

Answering the Kennedys’ Call MarketWatch President-Elect Joe Biden can call a truce from the ongoing Red vs. Blue states economic civil war with just announced picks of his economics team, including Janet Yellen as Treasury Secretary and the economic advisors. … Continue reading

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