Category Archives: Economy

Economic Recovery Is For Real

Posted on July 15, 2014 by Popular Economics Weekly

Popular Economics Weekly We are already in July, and can now see that the US economic recovery is for real, in spite of the past winter. Even economic growth is picking up, so that second quarter Gross Domestic Product might … Continue reading →

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We Need Some Inflation!

Posted on July 8, 2014 by Popular Economics Weekly

Financial FAQs How much inflation is too much inflation? Germany thinks any inflation is too much, based on their 1920s inflation experience when burning money for fuel was cheaper than burning wood. It has led to the EU’s draconian austerity … Continue reading →

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What is Yellen’s Real Unemployment Rate?

Posted on July 3, 2014 by Popular Economics Weekly

Financial FAQs Fed Chairwoman Janet Yellen spoke with IMF President Christine Lagard at an epoch-making conference yesterday. It was epoch-making (with luminaries such a ex-Fed Chair Paul Volcker in attendance), because Ms. Yellen told us which unemployment rate she and … Continue reading →

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Austerity Must End With Q1 GDP Plunge

Posted on June 30, 2014 by Popular Economics Weekly

Popular Economics Weekly The final Q1 2014 GDP growth estimate of minus (-2.9) percent, down from the second (-1) percent drop, was a shock for several reasons. Firstly, it means our domestic economy is still sputtering, five years after the … Continue reading →

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Will Housing Now Lead the Recovery?

Posted on June 24, 2014 by Popular Economics Weekly

The Mortgage Corner There is still hope that housing may help this economic recovery, as it has in past recoveries. But that is only if Fed Chairman Janet Yellen succeeds in keeping interest rates—mortgage rates in particular—at their current low, … Continue reading →

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When is Higher Inflation Good?

Posted on June 20, 2014 by Popular Economics Weekly

Financial FAQs The short answer is that higher inflation comes from higher growth rates, and so when an economy expands faster, then prices should also rise faster. Otherwise companies’ profits don’t rise and they won’t want to expand their businesses … Continue reading →

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Why Have a Higher Minimum Wage?

Posted on June 17, 2014 by Popular Economics Weekly

Popular Economics Weekly The International Monetary Fund just came out with a depressing prognosis for US economic growth—2 percent this year, and maybe 3 percent next year? Why? A too bad winter, slowdown in the housing market, and stagnant wages. … Continue reading →

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What is Employment Like in 2014?

Posted on June 5, 2014 by Popular Economics Weekly

Popular Economics Weekly Jobless claims fell sharply in the May 24 week, down 27,000 to 300,000. The 4-week average is down a very sharp 11,250 to a new recovery low of 311,500. It should mean we will see a further … Continue reading →

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T Piketty and Capital Beyond the 21st Century

Posted on May 26, 2014 by Popular Economics Weekly

Popular Economics Weekly Thomas Piketty’s Capital in the 21st Century is about more than proving that excessive income and wealth inequality has been the norm over centuries by so-called free market capitalism, or its social democratic versions in Europe. It’s … Continue reading →

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Where Is Housing Affordable Anymore?

Posted on May 23, 2014 by Popular Economics Weekly

Financial FAQs How much salary do you need in order to afford the principal and interest payments on a median-priced home in your metro area? To find out, HSH.com, a mortgage data service, took the National Association of Realtors’ first-quarter … Continue reading →

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