Monthly Archives: August 2022

Where’s the Slowdown?

Posted on August 31, 2022 by Popular Economics Weekly

Popular Economics Weekly Calculated Risk The Labor Department’s JOLTS report just out shows job openings are still at twice the number of job hirings. How does this justify what seems to be pundits fixation on the possibility of a recurring … Continue reading →

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What is Real Cause of Inflation?

Posted on August 29, 2022 by Popular Economics Weekly

Financial FAQs FREDcpiinflation Fed Chair Jerome Powell just said Americans must now feel the pain if the Fed is to bring inflation back to its long-term 2 percent annual target. But why 2 percent? It was the inflation rate that … Continue reading →

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Economic Growth to Resume

Posted on August 25, 2022 by Popular Economics Weekly

Popular Economics Weekly BEA.gov It looks like the slowdown in US economic growth may end as quickly as it began. Second quarter economic growth was slightly less negative in the BEA’s second estimate of GDP growth, because key drivers of … Continue reading →

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Goleta’s Dam Dinner Doesn’t Disappoint and Brings Record Turnout

Posted on August 24, 2022 by Popular Economics Weekly

More than 500 People Attended Scenic Event at Lake Los Carneros Dam The return of Goleta’s Dam Dinner after a three-year hiatus brought a record turnout this past Saturday, August 20, 2022, to the Lake Los Carneros Lake dam. More … Continue reading →

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Inflation Not The Real Problem

Posted on August 23, 2022 by Popular Economics Weekly

Financial FAQs FREDcpiinflation Inflation is falling again with national gas prices below $4 per gallon while food prices are also beginning to decline. The NY Times’ Paul Krugman has also pointed out that food prices should continue to decline per … Continue reading →

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Domestic Industrial Production Surging

Posted on August 18, 2022 by Popular Economics Weekly

Financial FAQs FREDindustrialproduction U.S. industrial production is the highest since 2018, continuing its climb from the two-month 2020 recession (gray bar in graph). Automobile production highlighted the surge. This is huge, folks, and a sign that GDP growth in the … Continue reading →

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The Second Year Can Be Most Difficult

Posted on August 17, 2022 by Popular Economics Weekly

Building Community Answering Kennedy’s Call Chapter Four (excerpt) It was becoming obvious that I wasn’t tolerating village life well by the end of my second year in Ismet Pasha, a village settled by Bulgarian Turks in the 1920s after the … Continue reading →

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Cesar Chavez And The United Farmworkers Union

Posted on August 15, 2022 by Popular Economics Weekly

Building Community Answering Kennedy’s Call The Calexico Funeral Chapter Nine César was brilliant at publicizing farmworker conditions and took advantage of another tragedy to make national news. He had me film and photograph the funeral ceremony for that reason. Forty-five … Continue reading →

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Is Inflation Scare Over?

Posted on August 12, 2022 by Popular Economics Weekly

Financial FAQs BLS.gov Both the retail Consumer Price Index (CPI) and wholesale inflation index for raw materials—the Producer Price Index (PPI)—fell in July. Since the PPI feeds into retail prices, it’s a sure sign that inflation is on the wane. … Continue reading →

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The Second Year Can Be Most Difficult

Posted on August 9, 2022 by Popular Economics Weekly

Answering Kennedy’s Call Chapter Four It was becoming obvious that I wasn’t tolerating village life well by the end of my second year in Ismet Pasha, a village settled by Bulgarian Turks in the 1920s after the breakup of the … Continue reading →

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