Category Archives: Consumers

More Greater Lawlessness–Republicans’ Climate Denial

Posted on July 23, 2024 by Popular Economics Weekly

Answering Kennedy’s Call NYTimes One year ago, on August 16, 2022, President Biden signed the Inflation Reduction Act into law – the largest investment in clean energy and climate action ever. “The Inflation Reduction Act is a transformative law that … Continue reading →

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The Greater Lawlessness–Republicans War on America

Posted on July 20, 2024 by Popular Economics Weekly

Answering Kennedy’s Call Trump’s selection of J.D. Vance as Vice-President means the chaos of Trump’s first administration will continue on steroids, as Trump will have a VP who will assist him in continuing to tear down one institution after another … Continue reading →

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Retail Sales Falter

Posted on July 16, 2024 by Popular Economics Weekly

The Mortgage Corner Fed Chair Powell has said it again. Second-quarter economic data including last week’s consumer price report “do add somewhat” to confidence that inflation is heading down to the central bank’s 2 percent goal at an Economic Club … Continue reading →

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Prices Are Falling!

Posted on July 11, 2024 by Popular Economics Weekly

Popular Economics Weekly Today could be historic for inflation watchers. It’s the first time since July 2022 that retail prices as measured by the U.S. Consumer Price Index (CPI) have declined. It will be history making and effect the financial … Continue reading →

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Q2 Economic Growth Is…?

Posted on July 10, 2024 by Popular Economics Weekly

Financial FAQs Estimates of 2024 second quarter economic growth have been all over the map, but I will attempt to separate the wheat from the chaff, so to speak. Firstly, GDP growth is mostly dependent on consumer spending, which makes … Continue reading →

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The Irrelevance of MAGA Republicans

Posted on July 9, 2024 by Popular Economics Weekly

Answering Kennedy’s Call This is another Huffington Post column I wrote in 2017 at the beginning of the Trump presidency. It’s about the irrelevance of his policies for most Americans that another Trump presidency would repeat, as well as further … Continue reading →

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Fewer Jobs, Lower Rates?

Posted on July 6, 2024 by Popular Economics Weekly

Popular Economics Weekly June’s unemployment report was weaker than expected. It looks like the labor market is slowing enough to convince the Fed that interest rates should come down. Not only fewer nonfarm payroll jobs were added to payrolls, but … Continue reading →

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U.S. Economy Still Too Hot?

Posted on July 2, 2024 by Popular Economics Weekly

Financial FAQs The battle is intensifying between the Fed Governors’ inflation doves and hawks as we approach November. Chairman Powell says inflation is getting closer to the Fed’s 2 percent target when we enter the 3rd quarter 2024, but he’s … Continue reading →

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Consumers Not So Confident?

Posted on June 28, 2024 by Popular Economics Weekly

The Mortgage Corner What are we to make of the Conference Board’s latest confidence survey? “The decline in confidence between May and June was centered on consumers aged 35-54. By contrast, those under 35 and those 55 and older saw … Continue reading →

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Our 2nd Amendment Doesn’t Protect Children

Posted on June 26, 2024 by Popular Economics Weekly

Answering Kennedy’s Call Gun rights advocates, the NRA, and Republican Party have never been serious when calling for the enforcement of the 2nd Amendment, because they have never called for the enforcement of a child’s right of self-defense, the most … Continue reading →

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