Monthly Archives: January 2025

Why Inflation Still a Problem?

Posted on January 31, 2025 by Popular Economics Weekly

Financial FAQs The Fed’s preferred inflation gauge, Personal Consumption Expenditures Index (PCE) isn’t declining because consumers continue to spend more than they earn. Why? BEA.gov Such spending gave a boost to retail sales and so made holiday shoppers happier. But … Continue reading →

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The Housing Recovery–Part II

Posted on January 30, 2025 by Popular Economics Weekly

The Mortgage Corner Existing-home sales rose 2.2% in December to a seasonally adjusted annual rate of 4.24 million, the strongest pace since February 2024 (4.38 million). FREDexistinghomesales The huge jump in existing-home sales on still very high mortgage rates illustrates … Continue reading →

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Trump, the Lucky Loser

Posted on January 28, 2025 by Popular Economics Weekly

Answering Kennedy’s Call “Born to a rich father who made him the beneficiary of his own highly lucrative investments, Trump received the equivalent of more than $500 million today via means that required no business expertise whatsoever.” Random House In … Continue reading →

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No Art of the Deal – Part II

Posted on January 24, 2025 by Popular Economics Weekly

Answering Kennedy’s Call “It’s 100 days into the Trump Presidency and looking more and more like President Trump is no more effective at running the country than his business interests. His book, The Art of the Deal was meant to tout his … Continue reading →

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Retail Sales Boost Q4 Growth

Posted on January 21, 2025 by Popular Economics Weekly

Financial FAQs “Advance estimates of U.S. retail and food services sales for December 2024, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $729.2 billion, an increase of 0.4 percent (±0.5 percent)* from the … Continue reading →

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Why the Tariffs Debate?

Posted on January 16, 2025 by Popular Economics Weekly

Popular Economics Weekly “For far too long, we have relied on taxing our Great People using the Internal Revenue Service (IRS). Through soft and pathetically weak Trade agreements, the American Economy has delivered growth and prosperity to the World, while … Continue reading →

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No Art of the Deal

Posted on January 14, 2025 by Popular Economics Weekly

Answering Kennedy’s Call ‘Insanity is doing the same thing over and over again and expecting different results,’ Einstein? Huffington Post Insane behavior could describe the actions that President-elect Trump is promising to implement after January 20. He has said he wants … Continue reading →

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Americans Still Fully Employed!

Posted on January 11, 2025 by Popular Economics Weekly

Popular Economics Weekly Total nonfarm payroll employment increased by 256,000 in December, and the unemployment rate changed little at 4.1 percent, the U.S. Bureau of Labor Statistics reported today. Employment trended up in health care, government, and social assistance. Retail … Continue reading →

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Greater Threats = Slower Growth

Posted on January 10, 2025 by Popular Economics Weekly

Answering Kennedy’s Call “Fostering a culture of fear and ignorance is not the way to run a political party, or country, if it would ever come to that.” Popular Economics Reuters/January 6 I said in 2014 when writing in Huffington … Continue reading →

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Bidenomics Works–Part II

Posted on January 7, 2025 by Popular Economics Weekly

Financial FAQs A large fraction of voters do suffer from economic illiteracy. Indeed, it is fair to say that an ample majority do not understand the basics of how markets work. They are especially confused about labor and international markets. … Continue reading →

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