Category Archives: Consumers

Greater Equality = Greater Democracy

Posted on December 28, 2011 by Popular Economics Weekly

Financial FAQs A recent Gallup poll said 82 percent of respondents thought economic growth “extremely”, or “very” important, while just 46 percent said reducing the income and wealth gap between rich and poor was extremely or very important. Yet there … Continue reading →

Posted in Consumers, Economy, Uncategorized | Tagged , , , , , | Leave a comment

Will Younger Generation Rescue Real Estate?

Posted on December 22, 2011 by Popular Economics Weekly

The Mortgage Corner Privately-owned housing starts in November rose to a seasonally adjusted annual rate of 685,000, which combined with increasing builder sentiment is a sign that children of the baby boomers—the so-called Boomerang or echo boomer generation—may finally be … Continue reading →

Posted in Consumers, Housing, housing market, Weekly Financial News | Tagged , , , , , , , , , , | Leave a comment

Consumers Regaining Financial Health

Posted on December 16, 2011 by Popular Economics Weekly

Popular Economics Weekly Consumers are spending for the holidays. Retail sales in particular have rebounded to almost pre-recession levels. Overall retail sales in November grew 0.2 percent, following a 0.6 percent boost in October (originally up 0.5 percent) and a … Continue reading →

Posted in Consumers, Economy, Weekly Financial News | Tagged , , , , , , | Leave a comment

Austerity (That) Doesn’t Work

Posted on December 3, 2011 by Popular Economics Weekly

Financial FAQs It turns out that austerity doesn’t work, when it means tax cuts for the wealthy but spending (and so income) cuts for the rest of US. But austerity does work when applied to the wealthiest who have used … Continue reading →

Posted in Consumers, Economy, Macro Economics, Weekly Financial News | Tagged , , , , , , | Leave a comment

Elizabeth Warren’s Teach-in

Posted on December 1, 2011 by Popular Economics Weekly

Popular Economics Weekly What better way to understand Elizabeth Warren’s bid for Massachusetts Senator to replace Scott Brown that conduct a Teach-in, much as the OccupyWallStreeters are doing. She stands for what we all need, after all, more knowledge on … Continue reading →

Posted in Consumers, Economy, Macro Economics, Weekly Financial News | Tagged , , , , , | Leave a comment

Consumers Feel Better

Posted on November 30, 2011 by Popular Economics Weekly

Popular Economics Weekly Black Friday, or the day after Thanksgiving, was an eye-opener. Sales jumped 7 percent, a record, and Monday’s cyber-sales followed its lead. How can consumers be spending so much with incomes that aren’t rising as much? One … Continue reading →

Posted in Consumers, Economy, Macro Economics, Weekly Financial News | Tagged , , , , | Leave a comment

What Decline of Western Civilization?

Posted on November 25, 2011 by Popular Economics Weekly

Financial FAQs It’s hard to know whether Harvard Historian Niall Ferguson means what he says in his new book, “Civilization: The West and the Rest”; that the Western World’s 500 years of predominance are over, thanks to growing debt problems … Continue reading →

Posted in Consumers, Economy, Keynesian economics, Weekly Financial News | Tagged , , , , , , , , , | Leave a comment

Let’s Put Americans Back to Work

Posted on November 15, 2011 by Popular Economics Weekly

Financial FAQs It’s becoming evident that rather than political gridlock, such as the congressional supercommittee’s obsession with spending cuts, we need to worry about economic growth and jobs. And there are some very good ideas on how to do that, … Continue reading →

Posted in Consumers, Economy, Macro Economics, Weekly Financial News | Tagged , , , , , , , , , | 1 Comment

Third Quarter Growth Will Be Better

Posted on October 28, 2011 by Popular Economics Weekly

Popular Economics Weekly We now know the reasons for this summer’s growth pause. The Japanese earthquake and Tsunami disrupted a fragile recovery at the same time as Europeans found out they had a fragile banking system. And several stimulus programs … Continue reading →

Posted in Consumers, Economy, Weekly Financial News | Tagged , , , , , , , , | Leave a comment

The Japanese Lessons

Posted on March 21, 2011 by Popular Economics Weekly

Popular Economics Weekly The Japanese twin disasters—an earthquake plus Tsunami—have highlighted both why Japan’s economy has basically sputtered since its real estate and stock bubbles burst in 1989-91, and why ours is taking so long to recover—we were not prepared … Continue reading →

Posted in Consumers, Economy, Keynesian economics, Weekly Financial News | Tagged , , , , | Leave a comment