Monthly Archives: April 2025

It’s Trump’s Economy Now

Popular Economics Weekly “Real gross domestic product (GDP) decreased at an annual rate of -0.3 percent in the first quarter of 2025 (January, February, and March), according to the advance estimate released by the U.S. Bureau of Economic Analysis. In the … Continue reading

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A Place of Tolerance and Understanding

Answering Kennedy’s Call “I believe our political divide can be repaired. But our leaders must act with moral clarity and take their cues from the good people of this nation, who in times of tragedy always seem to find our … Continue reading

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Trump’s 2.0 100 Days

Popular Economics Weekly “With President Donald Trump’s second term approaching its 100-day mark, 40% of Americans approve of how he’s handling the job – a decline of 7 percentage points from February,” PEW Research. PEW The big mystery is why … Continue reading

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Immigrants the Lifeblood of U.S. Economy

The Mortgage Corner “For most of the past half-century, adults in the U.S. Baby Boom generation – those born after World War II and before 1965 – have been the main driver of the nation’s expanding workforce. But as this … Continue reading

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Higher Tariffs = Stagflation

Financial FAQs “Any tariff causes consumers to shift from imported goods to domestically produced alternatives that are more expensive, inferior in quality, or just not quite what they want. But with a low tariff domestic alternatives will be only a … Continue reading

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How Much LONGER Do We Wait?

The Mortgage Corner “The Consumer Price Index for All Urban Consumers (CPI-U) decreased 0.1 percent on a seasonally adjusted basis in March, after rising 0.2 percent in February, the U.S. Bureau of Labor Statistics reported today. Over the last 12 … Continue reading

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Republicans’ Unchecked Greed

Popular Economics Weekly “George Will, the conservative pundit, gave the best description of Trump’s incompetence in a Washington Post Op-Ed: “It is urgent for Americans to think and speak clearly about President Trump’s inability to do either. This seems to be not … Continue reading

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Why a Recession?

Financial FAQs “The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the first quarter of 2025 is -2.4 percent on April 9, up from -2.8 percent on April 3. AtlantaFed The Atlanta Federal Reserve’s GDPNow graph of estimated … Continue reading

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Republicans’ Dystopian Dream

Popular Economics Weekly “I don’t want to abolish government. I simply want to reduce it to the size where I can drag it into the bathroom and drown it in the bathtub.” Grover Norquist, Republican. Grover Norquist, founder and president of Americans for Tax Reform in a 2001 … Continue reading

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Why the Shock and Awe?

Financial FAQs “White House aide Peter Navarro said Sunday that he expects President Donald Trump’s tariffs to bring in $6 trillion in revenue in the next decade, which could amount to the largest tax hike in US history. CNN The … Continue reading

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