Monthly Archives: July 2022

So When Do We Call a Recession?

Posted on July 26, 2022 by Popular Economics Weekly

Financial FAQs Conference-Board.org Calling a recession at this time because we may have two consecutive quarters of negative GDP growth is almost irrelevant, because it may be over as quickly as the artificially induced 2-month recession in April-May 2020 (see … Continue reading →

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Retail Sales Could Keep US Growing

Posted on July 21, 2022 by Popular Economics Weekly

Financial FAQs FREDretailsales U.S. retail sales rebounded strongly in June as Americans spent more on gasoline and other goods amid soaring inflation, which could allay fears of an imminent recession but not change the view that economic growth in the … Continue reading →

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Failure of the Bully Mentality

Posted on July 20, 2022 by Popular Economics Weekly

Answering Kennedy’s Call UvaldeSchoolDistrict/AP We need no more evidence than the Uvalde Elementary school massacre that the gun-toting male machismo of the NAR and extreme gun rights advocates doesn’t protect children or adults, Adults with military weaponry and tactical gear … Continue reading →

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Putin’s Czarist Delusions

Posted on July 20, 2022 by Popular Economics Weekly

Answering Kennedy’s Call Letter to New York Times I cannot agree with Tatiana Stanovaya’s implicit conclusion in her article on Putin and the Kremlin’s delusionary behavior (July 19 Op-ed) —that we must fear a nuclear holocaust if we don’t placate … Continue reading →

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When Does Inflation Endanger Growth?

Posted on July 14, 2022 by Popular Economics Weekly

Financial FAQs Tradingeconomics.com Not all inflation endangers economic growth but the short answer is when inflation becomes so prolonged that consumers can no longer afford to consume. And that hasn’t happened yet, with consumer spending still at pandemic highs. The … Continue reading →

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Labor Market Too Hot?

Posted on July 8, 2022 by Popular Economics Weekly

Popular Economics Weekly MarketWatch Total nonfarm payroll employment rose by 372,000 in June, and the unemployment rate remained at 3.6 percent, the U.S. Bureau of Labor Statistics reported today. Notable job gains occurred in professional and business services, leisure and … Continue reading →

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Economic Growth Becoming More Sustainable?

Posted on July 7, 2022 by Popular Economics Weekly

Financial FAQs The analogy that best describes current economic conditions is one where we are in a race to recover from COVID-19 while a European war is raging. The U.S. economy has slowed from a warp speed of 100 mph … Continue reading →

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Inflation Not the Real Problem

Posted on July 5, 2022 by Popular Economics Weekly

The Mortgage Corner FREDcpi Why do polls say we are going in the wrong direction and the economy isn’t doing well? Fifty-two percent of American adults say they are worse off financially than they were a year ago, according to … Continue reading →

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The Great Clean Air Debate–Part II

Posted on July 1, 2022 by Popular Economics Weekly

Answering Kennedy’s Call Chapter Six Environmental Protection Could be Hazardous At the time, I remember thinking environmental protection should not mean crawling down the partially opened rear stairs of a Boeing 727 passenger jet into a muddy field at San … Continue reading →

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