Category Archives: Consumers

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

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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

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How to Provide More Housing For Everyone?

ANSWERING THE KENNEDYS’ CALL thelundreport.org I said in an earlier column “that part of the solution to the housing and homeless crisis has to be the responsibility of governments.” But the Silicon Valley giants Google, Apple, and Washington State’s Microsoft … Continue reading

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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

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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

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Economic Growth Continues For How Long?

Popular Economics Weekly BEA.gov Real gross domestic product (GDP) increased at an annual rate of 3.1 percent in the first quarter of 2019, according to the Bureau of Economic Analysis. It was “second” estimate released by the Bureau of Economic … Continue reading

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Why No Inflation?

Financial FAQs I have been talking about the danger of too low inflation for some time.  This graph portrays the history of inflation since the 1970s, when the Arab oil embargo caused oil prices and inflation to soar to unacceptable … Continue reading

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How Strong is This Year’s Housing Market?

The Mortgage Corner Econoday.com The NAR reported that Existing-home sales saw a minor decline in April, continuing March’s drop in sales, according to the National Association of Realtors®. Two of the four major U.S. regions saw a slight dip in … Continue reading

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Oh, Oh, Retail Sales Also in Decline?

Popular Economics Weekly The effects of the Trump administration’s trade wars are already slowing down consumer spending, not a good sign if Trump maintains tariffs for a longer period, as promised. Econoday.com The US Census Bureau is now reporting a … Continue reading

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Do Trump Trade Wars = Recession?

The Mortgage Corner There are already signs President Trump’s trade wars are hurting. Right now, it’s mainly his Midwestern farm constituents that have seen their agricultural exports plummet. But what happens when rising prices from the tariffs are passed on … Continue reading

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