Category Archives: Economy

Who Pays For the Tariff Wars?

Posted on June 17, 2019 by Popular Economics Weekly

Popular Economics Weekly It’s unfortunate that we have to keep returning to the most unpleasant of topics— higher taxes. But that’s what the White House is doing with their various Chinese, Mexican, and European tariffs. They seem to be waging … Continue reading →

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Saving Capitalism—Part II

Posted on June 14, 2019 by Popular Economics Weekly

Popular Economics Weekly Nobel laureate Joseph Stiglitz’s plea to save capitalism is important for a number of reasons; foremost is the survival of liberal democracy itself. Modern liberal democracies that we have known since WWII cannot survive if we cannot … Continue reading →

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May Employment Not looking So Good

Posted on June 7, 2019 by Popular Economics Weekly

Popular Economics Weekly MarketWatch Total nonfarm payroll employment edged up in May (+75,000), and the unemployment rate remained at 3.6 percent, the U.S. Bureau of Labor Statistics reported today. Employment continued to trend up in professional and business services and … Continue reading →

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Professor Stiglitz’s Plea to Save Capitalism

Posted on June 4, 2019 by Popular Economics Weekly

Popular Economics Weekly MarketWatch Nobel laureate economist Joseph Stiglitz has been saying he wants to make capitalism work for everyone again in various writings, just as it did post-WWII, including this CNN commentary on the recent Earth Day. Is there … Continue reading →

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Economic Growth Continues For How Long?

Posted on May 30, 2019 by Popular Economics Weekly

Popular Economics Weekly BEA.gov Real gross domestic product (GDP) increased at an annual rate of 3.1 percent in the first quarter of 2019, according to the Bureau of Economic Analysis. It was “second” estimate released by the Bureau of Economic … Continue reading →

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Why No Inflation?

Posted on May 28, 2019 by Popular Economics Weekly

Financial FAQs I have been talking about the danger of too low inflation for some time.  This graph portrays the history of inflation since the 1970s, when the Arab oil embargo caused oil prices and inflation to soar to unacceptable … Continue reading →

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How Strong is This Year’s Housing Market?

Posted on May 22, 2019 by Popular Economics Weekly

The Mortgage Corner Econoday.com The NAR reported that Existing-home sales saw a minor decline in April, continuing March’s drop in sales, according to the National Association of Realtors®. Two of the four major U.S. regions saw a slight dip in … Continue reading →

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Oh, Oh, Retail Sales Also in Decline?

Posted on May 15, 2019 by Popular Economics Weekly

Popular Economics Weekly The effects of the Trump administration’s trade wars are already slowing down consumer spending, not a good sign if Trump maintains tariffs for a longer period, as promised. Econoday.com The US Census Bureau is now reporting a … Continue reading →

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Do Trump Trade Wars = Recession?

Posted on May 14, 2019 by Popular Economics Weekly

The Mortgage Corner There are already signs President Trump’s trade wars are hurting. Right now, it’s mainly his Midwestern farm constituents that have seen their agricultural exports plummet. But what happens when rising prices from the tariffs are passed on … Continue reading →

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What is the Bully Mentality?

Posted on May 13, 2019 by Popular Economics Weekly

The Mortgage Corner Olweus Bullying Prevention Program The Trump administration and congressional Republicans’ “stonewalling” efforts, as House Majority Leader Nancy Pelosi has put it, are the latest example of the bully mentality, but few pundits or even Democrats seem to … Continue reading →

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