Category Archives: Economy

Greater Lawlessness Causes Great Recessions

Popular Economics Weekly We know Greg Smith’s unveiling of Goldman Sachs’ ‘culture’ of GS profits ahead of clients’ interests was nothing new. And that real laws were broken—from conflicts of interest to outright fraud. The 2010 congressional hearings unveiled much … Continue reading

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Employment Much Better Than Data

Financial FAQs The pundits and some economists just don’t seem to get it. Friday’s unemployment report was gangbusters. The gains were not just ‘ok’, per Marketwatch, or are at a ‘speed-walk’, per Barron’s Gene Epstein. Gains are in fact accelerating … Continue reading

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2012 Economic Growth Accelerating

Popular Economics Weekly Economic growth is finally accelerating. Consumer demand plus manufacturing are continuing to increase, and even the fourth quarter was a little stronger as Q4 GDP growth broke the psychological 3 percent boundary. The Commerce Department revised fourth … Continue reading

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Attacks on Women’s Contraception Harms U.S. Economically

Popular Economics Weekly Republicans, whether knowingly or unknowingly, not only court political disaster when they attack women’s contraception, but risk economic disaster as well, since without readily available contraception—from the pill onward—women would not have been able to contribute to … Continue reading

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Are you Ready For The ‘Big Data’ Revolution?

Popular Economics Weekly Is the Information Age intimidating? Have we been struck with information overload? Help may be on the way. There is so much in the news about it, but little on how to manage so much information inundating … Continue reading

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The Confidence Fairies Love Austerity

Popular Economics Weekly January’s economic numbers are in, so we can say government stimulus spending has worked; there is just not enough of it. Whereas the views of those Paul Krugman characterizes as “confidence fairies” doesn’t work. Austerity and budget … Continue reading

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Where is the Inflation?

Financial FAQs If we would listen to the Europeans advocating austerity measures to punish Greece and Italy in particular for their profligacy, then inflation is right around the corner, according to the Germans who fear it most. Germany’s Finance Minister … Continue reading

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Why are Some States Poorer Than Others?

Financial FAQs We have austerity in our own country as a result of the Great Recession, but it doesn’t fall equally on all states. In fact, states suffering the most are mainly those in the South, Midwest and manufacturing rust … Continue reading

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Where is the Housing Bottom?

The Mortgage Corner The housing bottom is really a function of incomes, jobs, and inventory of houses for sale. All three indicators are favorable for housing sales to pick up this year. But prices have to bottom first. The main … Continue reading

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Why the Surprising Jobs Report?

Financial FAQs Why so much surprise in January’s employment report that added 243,000 payroll jobs and dropped the unemployment rate to 8.3 percent? The U.S. has now added an average of 183,000 jobs a month in the past five months, … Continue reading

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