Category Archives: COVID-19

Who Is Going to Mars?

Answering Kennedy’s Call “There is nobody in this country who got rich on their own. Nobody. You built a factory out there – good for you. But I want to be clear. You moved your goods to market on roads … Continue reading

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Are Consumers In Danger?–Part II

The Mortgage Corner “In February, consumer confidence registered the largest monthly decline since August 2021, This is the third consecutive month on month decline, bringing the Index to the bottom of the range that has prevailed since 2022.” Stephanie Guichard, … Continue reading

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Does Trump Want Another War?

Answering Kennedy’s Call “I’m not sure most Americans appreciate the monumental damage President Trump is doing to the post-World War II order that is the wellspring of American global leadership and affluence.” NYTimes Nicholas Kristof USAToday There is a growing … Continue reading

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Make Trump 2.0 Irrelevant Again

Answering Kennedy’s Call “The United States now has the highest percentage of low-wage workers – that is workers who make less than two-thirds of the median wage- of any developed nation. Fully 25 percent of all American workers make no … Continue reading

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Trump Is No Populist

Answering Kennedy’s Call An NBC News poll last April showed that Trump had a 26-point lead among voters who don’t follow political news. In contrast, voters who got their political news from newspapers, the most comprehensive form of daily news, … Continue reading

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Inflation Is Back?

Popular Economics Weekly “Kentuckians can’t afford the high cost of Trump’s tariffs,” which could cost the average Kentucky resident $1,200 a year. “[P]reserving the long-term prosperity of American industry and workers requires working with our allies, not against them.” Senator … Continue reading

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Are Consumers In Danger?

The Mortgage Corner Total consumer credit rose $40.8 billion in December, after a $5.4 billion decline in the prior month, the Federal Reserve said last Friday. In percentage terms, it is the biggest gain since June 2022. FREDconsumercredit Will consumers lose … Continue reading

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The Tariff Wars–Part III

Popular Economics Weekly “It is inconceivable that other countries won’t retaliate, even if some of the governments might not want to retaliate, their citizens will demand that you can’t allow yourself to be beaten up. When you make like a … Continue reading

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Was It a Good Employment Report??

Popular Economics Weekly Total nonfarm payroll employment rose by 143,000 in January, and the unemployment rate edged down to 4.0 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in health care, retail trade, and social assistance. … Continue reading

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Q4 Economic Growth Continues

Popular Economics Weekly Real gross domestic product (GDP) increased at an annual rate of 2.3 percent in the fourth quarter of 2024 (October, November, and December), according to the advance estimate released by the U.S. Bureau of Economic Analysis. In the … Continue reading

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