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Author Archives: Popular Economics Weekly
Manufacturing slows as Trade Wars Quicken
Popular Economics Weekly Trade wars are not really winnable anymore—at least the way President Trump wants to conduct them—or any wars for that matter. This is because we no longer live in a win-lose world where the strong are able … Continue reading
The Presidential Debates—Will Democracy Survive?
Popular Economics Weekly Graph: Washington Post Much of the media lament over the first Democratic Presidential debates was whether the Democratic Party had moved too far to the left on immigration and healthcare—whether it was about decriminalizing Central American immigrants … Continue reading
Who Can Still Afford to Buy a Home?
The Mortgage Corner MarketWatch That question of who can still afford to buy a home is up in the air, as we say, since home sales have been trending lower of late and there is still a housing shortage. MarketWatch’s … Continue reading
Answering the Kennedys’ Call to Promote Greater World Peace & Freedom
Introduction I was one of 88,000 wide-eyed, mostly white, middle class students that came to hear President John Kennedy speak on March 23, 1962 in Berkeley, California to commemorate the 94th anniversary of the University of California’s founding. We wanted … Continue reading
Who Pays For the Tariff Wars?
Popular Economics Weekly It’s unfortunate that we have to keep returning to the most unpleasant of topics— higher taxes. But that’s what the White House is doing with their various Chinese, Mexican, and European tariffs. They seem to be waging … Continue reading
Saving Capitalism—Part II
Popular Economics Weekly Nobel laureate Joseph Stiglitz’s plea to save capitalism is important for a number of reasons; foremost is the survival of liberal democracy itself. Modern liberal democracies that we have known since WWII cannot survive if we cannot … Continue reading
Posted in Economy, Keynesian economics, Politics
Tagged democracies, GDP growth, Great Depression, Income inequality, Roosevelt New Deal
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How Strong is 2019 Housing Market—Part II?
The Mortgage Corner FRED We asked just how strong is the housing market last month with rates beginning to fall again. Lawrence Yun, NAR’s chief economist, said he is not overly concerned about the trending drop in existing-home sales reported … Continue reading
May Employment Not looking So Good
Popular Economics Weekly MarketWatch Total nonfarm payroll employment edged up in May (+75,000), and the unemployment rate remained at 3.6 percent, the U.S. Bureau of Labor Statistics reported today. Employment continued to trend up in professional and business services and … Continue reading
What Will Friday’s Unemployment Report Look Like?
Financial FAQs Econoday It may look better than the Associated Data Processing private payrolls report that precedes the BLS report, as have prior months’. Private-sector employers hired just 27,000 people in May, a 7-year low, payroll processor ADP said Wednesday. … Continue reading
