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Author Archives: Popular Economics Weekly
Immigrants Make a Difference
Popular Economics Weekly “Total nonfarm payroll employment increased by 139,000 in May, and the unemployment rate was unchanged at 4.2 percent, the U.S. Bureau of Labor Statistics reported today. Employment continued to trend up in health care, leisure and hospitality, … Continue reading
Posted in Consumers, COVID-19, Economy, Politics, Weekly Financial News
Tagged consumer spending, Donald Trump, Economy, GDP growth, immigration, inflation, news, Politics, Trump
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What Happened to American Exceptionalism?
Barron’s 6-9-25 American exceptionalism may not be dead yet, but our democratic principles and Constitution are under assault (“U.S. Market Dominance Is On Pause. It Will Roar Back,” Other Voices, May 29). There’s plenty of research on the decline of … Continue reading
More Signs of Slower Growth
Financial FAQs “The manufacturing economy continues to struggle,” Susan Spence of ISM said. “It will continue to struggle” due to all the trade uncertainty. “The administration’s tariffs alone have created supply chain disruptions rivaling that of Covid-19,” executive at an … Continue reading
Posted in Consumers, COVID-19, Economy, Politics, Weekly Financial News
Tagged China, Economy, Federal Reserve, GDP growth, Great Depression, inflation, interest rates, Politics, tariffs, Trump
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Trump’s Big Beautiful Bill?
Answering Kennedy’s Call “The House has now passed what must surely be the worst piece of legislation in modern U.S. history. Millions of Americans are about to see crucial government support snatched away. A significant number will die prematurely due … Continue reading
What’s the Fed Saying?
The Mortgage Corner “In considering the outlook for monetary policy, participants agreed that with economic growth and the labor market still solid and current monetary policy moderately restrictive, the committee was well positioned to wait for more clarity on the … Continue reading
Posted in Consumers, COVID-19, Economy, Politics, Weekly Financial News
Tagged consumer spending, Economy, Federal Reserve, finance, GDP growth, inflation, interest rates, Politics, tariffs, Trump
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Consumers Not So Confident
Financial FAQs “Consumer confidence improved in May after five consecutive months of decline,” said Stephanie Guichard, Senior Economist, Global Indicators at The Conference Board. “The rebound was already visible before the May 12 US-China trade deal but gained momentum afterwards.” Conference … Continue reading
Posted in Consumers, COVID-19, Politics, Weekly Financial News
Tagged China, consumer spending, Economy, Federal Reserve, foreign trade, GDP growth, inflation, interest rates, Politics, tariff agreements, tariffs, Trump
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Why Harvard?
Answering Kennedy’s Call “But the Trumpist effort to destroy Harvard and other elite universities — for that is clearly their intention — will do vast damage to our nation’s future.” Paul Krugman FREDERIC J. BROWN/AFP/Getty Images) Huffington Post The … Continue reading
Manufacturing Not the Problem
Popular Economics Weekly “In April, U.S. manufacturing activity slipped marginally further into contraction after expanding only marginally in February. Demand and output weakened while input strengthened further, conditions that are not considered positive for economic growth.” ISM Manufacturing FREDIndustrialproduction U.S. … Continue reading
Posted in Consumers, COVID-19, Economy, Politics, Weekly Financial News
Tagged China, consumer spending, Economy, Federal Reserve, GDP growth, inflation, interest rates, Politics, tariffs, Trump
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No Art of the Deal?
Financial FAQs “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 negotiating … Continue reading
Posted in Consumers, COVID-19, Economy
Tagged Donald Trump, Economy, Federal Reserve, GDP growth, Great Recession, history, inflation, interest rates, news, Politics, Trump
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Who Needs a Tax Cut?
Popular Economics Weekly “A bill that cuts federal income taxes for middle-class families makes absolutely no sense, except as a sad way of camouflaging the real intent of the bill: Giving millions of dollars to the very wealthy, who happen … Continue reading
Posted in Consumers, COVID-19, Economy, Politics, Weekly Financial News
Tagged economics, Economy, Federal Reserve, finance, GDP growth, inflation, interest rates, Politics, Trump
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