Category Archives: COVID-19

Why So Much Inequality?

Posted on May 17, 2021 by Popular Economics Weekly

Answering Kennedy’s Call Epi.org There aren’t many economists that still debate the origins of our record income inequality, the worse in the developed world, and even in some of the developing world. A loss of $10/hour in the typical worker’s compensation … Continue reading →

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Job Openings Soar

Posted on May 12, 2021 by Popular Economics Weekly

Financial FAQs Calculatedriskblog “The number of job openings reached a series high of 8.1 million (yellow line in graph) on the last business day of March, the U.S. Bureau of Labor Statistics reported today. Hires were little changed at 6.0 … Continue reading →

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A disappointing Jobs Report

Posted on May 7, 2021 by Popular Economics Weekly

Popular Economics Weekly MarketWatch.com Not everyone is eager to go back to work, according to this morning’s unemployment report. The US economy added just 266,000 new nonfarm payroll jobs in April. Leisure and hospitality led the way with 331,000 jobs … Continue reading →

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The Age of Narcissism is Ending

Posted on May 6, 2021 by Popular Economics Weekly

Answering the Kennedys’ Call PEWResearch The election of President Biden is bringing an end to the age of narcissism, or as Tom Wolfe titled it in 1976, “The ‘Me’ Decade”. Only 30 percent of adult Americans say they still like our former … Continue reading →

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American Economy Gets a New Deal

Posted on April 29, 2021 by Popular Economics Weekly

Popular Economics Weekly BEA.gov President Biden announced in his first ‘non-State of the Union’ address that “America is on the move again,” saying in effect that government isn’t the problem but the solution to today’s problems, including the horrific events … Continue reading →

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A Better Use of Economic Growth

Posted on April 26, 2021 by Popular Economics Weekly

Popular Economics Weekly AtlantaFed The Atlanta Federal Reserve Bank puts out a GDP now forecast of upcoming monthly GDP growth, and its latest estimate puts growth at the highest level since the 1980s, as we recover from the COVID-19 pandemic. … Continue reading →

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How High Go Housing Prices?

Posted on April 21, 2021 by Popular Economics Weekly

The Mortgage Corner Calculatedriskblog How high can housing prices go? They rose in double digits annually in the early 2000s during the housing bubble. But that was when the housing supply could not keep up with the demand for housing, … Continue reading →

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A Debt-Fueled Recovery Needed

Posted on April 20, 2021 by Popular Economics Weekly

Popular Economics Weekly To: Barron’s Letters Published: April 19, 2021 Barron’s Lisa Beilfuss cites David Rosenberg’s worries about hyperinflation (because of the Federal Reserve’s inability to keep inflation within acceptable rates), as the reason to worry about a sustainable “debt-fueled” … Continue reading →

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Debt-Fueled Recovery Needed

Posted on April 18, 2021 by Popular Economics Weekly

Popular Economics Weekly To: Barron’s Letters Published: April 19, 2021 Barron’s Lisa Beilfuss cites David Rosenberg’s worries about hyperinflation (because of the Federal Reserve’s inability to keep inflation within acceptable rates), as the reason to worry about a sustainable “debt-fueled” … Continue reading →

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Soaring Retail Sales Begin the 2020’s Recovery

Posted on April 16, 2021 by Popular Economics Weekly

Financial FAQs FREDretailsales Sales at U.S. retailers rose 9.8 percent in March, the government said Thursday, in part because of the additional $1,400 stimulus checks for consumers from the federal government, accelerating economic growth, and declining COVID death rates. This … Continue reading →

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