Category Archives: Economy

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 →

Posted in Consumers, COVID-19, Economy, Keynesian economics, Macro Economics | 1 Comment

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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Equitable Wealth = Equitable Growth

Posted on April 14, 2021 by Popular Economics Weekly

Answering the Kennedys’ Call Equitablegrowth.com We must cure the record income inequality if we are to re-unite the United States into a country that serves Americans in both red and blue states. The current disunity is a result of whole … Continue reading →

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Job Openings Highest in Two Years

Posted on April 7, 2021 by Popular Economics Weekly

Financial FAQs Tradingeconomics.com Job openings in the U.S. rose in February to the highest level in more than two years as the economy emerged from a winter slowdown tied to a record increase in coronavirus cases. The number of job … Continue reading →

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March Employment Augers A Roaring 2020’s

Posted on April 2, 2021 by Popular Economics Weekly

Popular Economics Weekly MarketWatch.com It may be difficult for the naysayers that believe too much aid is going into social programs to find fault with the March unemployment report that added 916,000 new nonfarm payroll jobs. It looks like March … Continue reading →

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Why the Inflation Worries?

Posted on March 30, 2021 by Popular Economics Weekly

Financial FAQs Reuters.com There has been too much talk of inflation, as so-called ‘bond vigilantes’ seek to take advantage of the fear that too much pandemic recovery aid will saturate the financial markets, creating runaway inflation and boosting interest rates. … Continue reading →

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We Need A Green Infrastructure Plan

Posted on March 25, 2021 by Popular Economics Weekly

Popular Economics Weekly Washington Post The Biden administration’s $3 trillion infrastructure plan is next on their agenda to boost economic growth. And it will need a tax raise to pay for it. “I think a package that consists of investments … Continue reading →

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We Can Pay for the American Rescue Plan

Posted on March 15, 2021 by Popular Economics Weekly

Popular Economics Weekly “Consumer sentiment rose in early March to its highest level in a year due to the growing number of vaccinations as well as the widely anticipated passage of Biden’s relief measures,” said the University of Michigan sentiment … Continue reading →

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Why the American Rescue Plan Is So Important

Posted on March 8, 2021 by Popular Economics Weekly

Financial FAQs There are several good reasons for passing the American Rescue Plan (ARP). Firstly, it abolishes once-and-for-all the Reagan-era myth that ‘government is the problem’. With the thinnest of Democratic majorities, the Biden administration is getting things done; from … Continue reading →

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Employment Surge Boosts Recovery Prospects

Posted on March 5, 2021 by Popular Economics Weekly

Popular Economics Weekly MarketWatch Another sign of a roaring 2020’s economy just came out, per the Bureau of Labor Statistics (BLS) today. The February employment report added 355,000 jobs just to payrolls in leisure and hospitality — restaurants, hotels, casinos, … Continue reading →

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