Category Archives: Economy

Enslavement of the Middle Class

Posted on February 22, 2015 by Popular Economics Weekly

Financial FAQs It is becoming obvious that the American middle class (topic dujour among presidential candidates these days) has been enslaved by an ideology that only benefits the wealthiest among US. It is an ideology of austerity that has prevailed … Continue reading →

Posted in Consumers, Economy, Macro Economics, Politics, Weekly Financial News | Tagged adam smith, austerity policies, GW Bush presidency, Income inequality, Jason Furman, Paul Krugman, President GW Bush, President Obama, President Reagan, White House Council of Economic Advisors | Leave a comment

The Economic Ruination of Greece

Posted on February 18, 2015 by Popular Economics Weekly

Popular Economics Weekly It is now beyond a reasonable doubt that Germany and its austerity cohorts want to drive Greece out of the Eurozone by insisting that it adhere to its agreement to pass most of its meager budget surplus … Continue reading →

Posted in Economy, Keynesian economics, Macro Economics, Politics, Weekly Financial News | Tagged austerity policies, deflationary spiral, depression, EU, euro zone, GDP growth, german economy, greek economy | Leave a comment

Low Inflation Everywhere Is Shrinking Growth

Posted on February 14, 2015 by Popular Economics Weekly

Popular Economics Weekly Deflation is a rising risk for the U.S. economy based on import and export price data where contraction is at its most severe since the 2008-2009 recession, as well as for the rest of the world. U.S. … Continue reading →

Posted in Consumers, Economy, Macro Economics, Weekly Financial News | Tagged consumer confidence, consumer debt, Consumer sentiment, inflation, inflation rate. U. of Michigan Sentiment Survey, retail sales | Leave a comment

The Bernanke-Yellen Led US Recovery

Posted on February 8, 2015 by Popular Economics Weekly

Financial FAQs Friday’s January unemployment report should close the books once and for all on the debate whether austerity cutbacks in government spending (and debt) such as happened in Europe, or pro-active government policies by the U.S. Federal Reserve Banks … Continue reading →

Posted in Economy, Keynesian economics, Macro Economics, Politics, Weekly Financial News | Tagged austerity policies, Ben Bernanke, Fed Chairman Ben Bernanke, Fed Chairman Janet Yellen, Janet Yellen, non-farm payroll employment, payroll jobs, unemployment rate, unemployment report | Leave a comment

Housing Sales-Construction Continue to Expand

Posted on January 26, 2015 by Popular Economics Weekly

The Mortgage Corner The NAR reports total existing-home sales, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, rose 2.4 percent to a seasonally adjusted annual rate of 5.04 million in December from a downwardly-revised 4.92 million … Continue reading →

Posted in Consumers, Economy, Housing, housing market, Politics, Weekly Financial News | Tagged existing-home inventory, existing-home sales, Housing, housing affordability, housing construction, housing inventories, housing prices, housing starts, rents | Leave a comment

The Bully Mentality—Part II

Posted on January 23, 2015 by Popular Economics Weekly

Financial FAQs NOAA, the National Oceanic and Atmospheric Administration, just announced 2014 the warmest year in recorded history, and 14 of the last 15 years as the warmest in recorded history. Yet Paul Krugman in his latest NYTimes Oped still … Continue reading →

Posted in Consumers, Economy, Politics, Weekly Financial News | Tagged AFL-CIO, assault weapons, CO2 emissions, Consumer Financial Protecition Agency, consumer protection, Elizabeth Warren, Global warming, Income inequality, NOAA, NRA, Paul Krugman, Tea Party | Leave a comment

Europe on Verge of Recession

Posted on January 21, 2015 by Popular Economics Weekly

Popular Economics Weekly Oil prices are plunging below $50 per barrel, and the European Central Bank is about to announce whether it will begin its own Quantitative Easing program, similar to the Fed’s purchase of government securities that is designed … Continue reading →

Posted in Consumers, Economy, Keynesian economics, Weekly Financial News | Tagged consumer confidence, EU, euro zone, GDP growth, inflation rate, jobs, Paul Krugman, recessions | Leave a comment

December Unemployment Report Sets Record

Posted on January 9, 2015 by Popular Economics Weekly

Financial FAQs Friday’s Labor Dept. nonfarm payrolls report has just set a record for annual job creation. The U.S. added 252,000 new jobs in December to extend the strongest streak of hiring since the mid-1990s, but wages fell and more … Continue reading →

Posted in Economy, Keynesian economics, Macro Economics, Politics, Weekly Financial News | Tagged non-farm payroll employment, President Clinton, President GW Bush, President Obama, private nonfarm payrolls, unemployment rate, unemployment report, wage deflation, wages and salaries | Leave a comment

The Political Consequences of Inequality

Posted on January 6, 2015 by Popular Economics Weekly

Financial FAQs Paul Krugman recently highlighted the dangers of Europe’s austerity policies and the growing inequality of the developed world, the worst since the Great Depression. The result then, as now, has been the growing strength of right wing parties … Continue reading →

Posted in Consumers, Economy, Macro Economics, Politics, Weekly Financial News | Tagged austerity policies, Capital in the Twenty-First Century, EU, euro zone, german economy, Great Depression, Great Recession, greek economy, Income inequality, marine le pen, Paul Krugman, thomas piketty, unemployment, vladimir putin | Leave a comment

What Will 2015 Bring?

Posted on December 31, 2014 by Popular Economics Weekly

Popular Economics Weekly We already have an idea of what will happen in 2015. Firstly, job creation should continue to exceed 300,000 payroll jobs per month. Nobelist Paul Krugman is especially optimistic about economic growth, given that we have escaped … Continue reading →

Posted in Consumers, Economy, Housing, housing market, Weekly Financial News | Tagged euro zone, GDP growth, household formation, household incomes, Janet Yellen, Japanese economy, milliennials, new-home sales, Paul Krugman, Robert Shiller | Leave a comment

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