Monthly Archives: April 2021

American Economy Gets a New Deal

Popular Economics Weekly BEA.gov President Biden announced in his first ‘non-State of the Union’ address that “America is on the move again,” saying in effect that government isn’t the problem but the solution to today’s problems, including the horrific events … Continue reading

Posted in Consumers, COVID-19, Economy, Keynesian economics, Politics, Weekly Financial News | Leave a comment

A Better Use of Economic Growth

Popular Economics Weekly AtlantaFed The Atlanta Federal Reserve Bank puts out a GDP now forecast of upcoming monthly GDP growth, and its latest estimate puts growth at the highest level since the 1980s, as we recover from the COVID-19 pandemic. … Continue reading

Posted in Consumers, COVID-19, Economy, Keynesian economics, Weekly Financial News | Leave a comment

How High Go Housing Prices?

The Mortgage Corner Calculatedriskblog How high can housing prices go? They rose in double digits annually in the early 2000s during the housing bubble. But that was when the housing supply could not keep up with the demand for housing, … Continue reading

Posted in Consumers, COVID-19, Economy, housing market, Politics, Weekly Financial News | Leave a comment

A Debt-Fueled Recovery Needed

Popular Economics Weekly To: Barron’s Letters Published: April 19, 2021 Barron’s Lisa Beilfuss cites David Rosenberg’s worries about hyperinflation (because of the Federal Reserve’s inability to keep inflation within acceptable rates), as the reason to worry about a sustainable “debt-fueled” … Continue reading

Posted in Consumers, COVID-19, Economy, Keynesian economics, Weekly Financial News | Leave a comment

Debt-Fueled Recovery Needed

Originally posted on Populareconomicsblog:
Popular Economics Weekly To: Barron’s Letters Published: April 19, 2021 Barron’s Lisa Beilfuss cites David Rosenberg’s worries about hyperinflation (because of the Federal Reserve’s inability to keep inflation within acceptable rates), as the reason to worry…

Posted in Uncategorized | Leave a comment

Debt-Fueled Recovery Needed

Popular Economics Weekly To: Barron’s Letters Published: April 19, 2021 Barron’s Lisa Beilfuss cites David Rosenberg’s worries about hyperinflation (because of the Federal Reserve’s inability to keep inflation within acceptable rates), as the reason to worry about a sustainable “debt-fueled” … Continue reading

Posted in Consumers, COVID-19, Economy, Keynesian economics, Macro Economics | 1 Comment

Soaring Retail Sales Begin the 2020’s Recovery

Financial FAQs FREDretailsales Sales at U.S. retailers rose 9.8 percent in March, the government said Thursday, in part because of the additional $1,400 stimulus checks for consumers from the federal government, accelerating economic growth, and declining COVID death rates. This … Continue reading

Posted in Consumers, COVID-19, Economy, Weekly Financial News | Leave a comment

Equitable Wealth = Equitable Growth

Answering the Kennedys’ Call Equitablegrowth.com We must cure the record income inequality if we are to re-unite the United States into a country that serves Americans in both red and blue states. The current disunity is a result of whole … Continue reading

Posted in Consumers, Economy, Keynesian economics, Politics, Weekly Financial News | Leave a comment

Job Openings Highest in Two Years

Financial FAQs Tradingeconomics.com Job openings in the U.S. rose in February to the highest level in more than two years as the economy emerged from a winter slowdown tied to a record increase in coronavirus cases. The number of job … Continue reading

Posted in Consumers, COVID-19, Economy, Weekly Financial News | Leave a comment

March Employment Augers A Roaring 2020’s

Popular Economics Weekly MarketWatch.com It may be difficult for the naysayers that believe too much aid is going into social programs to find fault with the March unemployment report that added 916,000 new nonfarm payroll jobs. It looks like March … Continue reading

Posted in Consumers, COVID-19, Economy, Housing, Weekly Financial News | Leave a comment