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Meta
Monthly Archives: January 2021
What About Another ‘Roaring Twenties’?
Financial FAQs IMF Could we be returning to the Roaring Twenties; I mean a Roaring 2020’s as the coronavirus pandemic winds down this summer, leading to an explosion of growth after the worst recession since the Great Depression and worst … Continue reading
Housing Construction Soars
The Mortgage Corner Calculated Risk As much housing is being built today as in 2006 at the height of the housing bubble. What is going on? People want to move away from cities, where fear of COVID-19 contagion is highest, … Continue reading
Posted in Consumers, COVID-19, Economy, Housing, housing market, Weekly Financial News
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A ‘New’ New Deal
Popular Economics Weekly FREDgdpgrowth Even before his inauguration, the Biden administration announced its ‘new deal’ for a new administration doing government’s business as we recover from the worst recession since the Great Depression of the 1930s. Yes, this is the … Continue reading
Economy Has Room to Expand
Financial FAQs Calculated Risk The latest Job Openings and Labor Turnover Survey (JOLTS) report showed that small businesses are hurting the most during this pandemic with even outdoor dining banned in some regions, such as Southern California, while new hires … Continue reading
Job Losses Mount From COVID-19
Popular Economics Weekly MarketWatch Total nonfarm payroll employment declined by 140,000 in December, and the unemployment rate was unchanged at 6.7 percent, the U.S. Bureau of Labor Statistics reported today. “The decline in payroll employment reflects the recent increase in … Continue reading
Finding a Path to Greater Equality
Popular Economics Weekly CenterforEquitableGrowth Economic theory is finally catching up to political theory in showing policymakers how to right the record income inequality—worst in the developed world—that has plagued working Americans since the 1970s. It is about time when we … Continue reading
Finding the Path to Greater Prosperity!
Popular Economics Weekly CenterforEquitableGrowth Economic theory is finally catching up to political theory by showing policymakers how to right the record income inequality—worst in the developed world—that has plagued working Americans since the 1970s. It is about time when we … Continue reading
Deaths of Despair, Part II—The Wall of Ignorance
Answering the Kennedys’ Call NBER.org Something can be done about the “Deaths of Despair” among the non-college educated white males that Anne Case and Angus Deaton have been writing about that I discussed in Deaths of Despair, Part I, and … Continue reading
Posted in Consumers, Economy, Politics, Weekly Financial News
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The Rising Deaths of Despair Amid COVID-19
Financial FAQs ProjectSyndicate Evidence is beginning to mount that the Trump administrations half-hearted response to the COVID-19 pandemic was intentional. And we are seeing the results in mounting suicide and drug abuse rates among the populace most affected—the lesser educated—according … Continue reading
Posted in Economy, Politics, Weekly Financial News
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