Author Archives: Popular Economics Weekly

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About Popular Economics Weekly

Harlan Green is editor/publisher of PopularEconomics.com, and content provider of 3 weekly columns to various blogs--Popular Economics Weekly, Financial FAQs and the Mortgage Corner.

Better Economic Growth Ahead?

Popular Economics Weekly Real gross domestic product increased at an annual rate of 4.1 percent in the second quarter of 2018, according to the “advance” estimate released by the Bureau of Economic Analysis. In the first quarter, real GDP increased … Continue reading →

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Housing Sales Are Slowing

The Mortgage Corner Existing-home sales decreased for the third straight month in June, as declines in the South and West exceeded sales gains in the Northeast and Midwest, reports the National Association of Realtors. The ongoing supply and demand imbalance … Continue reading →

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The Dire Consequences of Record Income Inequality

ANSWERING the KENNEDYS CALL In a new Economic Policy Institute report entitled The New Gilded Age, income inequality has risen in every state since the 1970s, and in most states it has continued to grow in the post–Great Recession era. … Continue reading →

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US Economic Self-Destruction Imminent?

Financial FAQs The International Monetary Fund has just warned that President Trump’s trade wars could cost the world’s economies some $430B in lost growth. The Washington-based organisation said the current threats made by the US and its trading partners risked … Continue reading →

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Is 4% GDP Growth Real?

Popular Economics Weekly Graph: Econoday Many economists, including Trump economic advisor Larry Kudlow, are predicting up to 4 percent economic growth over the next few quarters. Why? Full employment is enticing consumers to buy more, with booming retail sales and … Continue reading →

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Inflation On the Rise

The Mortgage Corner Inflation is finally rising enough to bite into consumers’ paychecks. It is also a sign that economic growth is increasing at least temporarily, as consumers borrow more to buy more. But the bottom 50 percent of income … Continue reading →

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ANSWERING the KENNEDYS CALL

We are announcing a new blog series—ANSWERING THE KENNEDYS CALL. It will report on what is being done today to address the problems that deal with record income inequality, immigration and civil rights, environment protection, and the rebuilding of local … Continue reading →

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Consumers ‘Another Day Older and Deeper in Debt…”

Popular Economics Weekly “Ya load sixteen tons, whaddya get, another day older and deeper in debt…”, the famous folksong sung by Burl Ives and Tennessee Ernie Ford describes today’s consumers who are still spending huge amounts of borrowed money at … Continue reading →

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Trumpcare is Killing US!

Financial FAQs It took 4 hours to coax Patricia Okoumou, a Congolese immigrant, down from the Statue of Liberty while wearing a t-shirt that said, “Trumpcare Makes Us Sick.” It was serendipitous timing. She was part of a group wanting … Continue reading →

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June Employment Robust—For How Long?

The Mortgage Corner More workers are being hired in manufacturing and professional services in June’s unemployment report. But this is before the trade war now taking hold with at least 5 allies and trading partners. Washington’s 25 percent duties on … Continue reading →

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