Category Archives: Keynesian economics

The Irrelevance of MAGA Republicans

Posted on July 9, 2024 by Popular Economics Weekly

Answering Kennedy’s Call This is another Huffington Post column I wrote in 2017 at the beginning of the Trump presidency. It’s about the irrelevance of his policies for most Americans that another Trump presidency would repeat, as well as further … Continue reading →

Posted in Consumers, COVID-19, Economy, Keynesian economics, Politics, Uncategorized | Tagged , , , , | Leave a comment

Fewer Jobs, Lower Rates?

Posted on July 6, 2024 by Popular Economics Weekly

Popular Economics Weekly June’s unemployment report was weaker than expected. It looks like the labor market is slowing enough to convince the Fed that interest rates should come down. Not only fewer nonfarm payroll jobs were added to payrolls, but … Continue reading →

Posted in Consumers, COVID-19, Economy, Housing, housing market, Keynesian economics, Politics, Weekly Financial News | Tagged , , , , | 1 Comment

Greater Lawlessness Causes Great Recessions

Posted on June 11, 2024 by Popular Economics Weekly

Financial FAQs I began writing about Republicans’ disregard for laws in 2012 after the Great Recession of 2007-09, in which as many as 8 million jobs were lost. But not the Republican Party’s lawlessness, though it has always been the … Continue reading →

Posted in Consumers, COVID-19, Economy, Keynesian economics, Politics | Tagged , , , , | Leave a comment

Where’s the Recession–Part II?

Posted on June 7, 2024 by Popular Economics Weekly

Financial FAQs The unemployment report for May had little weakness, further evidence that the recent Harris poll results—in which 55 percent of those surveyed believed the US is in a recession—doesn’t reflect reality. In fact, total nonfarm payroll employment increased … Continue reading →

Posted in Consumers, COVID-19, Economy, Keynesian economics, Politics, Weekly Financial News | Tagged , , , , | 1 Comment

Why the Inflation Confusion?

Posted on May 14, 2024 by Popular Economics Weekly

Popular Economics Weekly Most pundits (and propagandists) don’t know who to blame for ‘sticky’ inflation, so they blame those who haven’t caused it—such as the current administration or the Federal Reserve. But the sudden rise in prices of the past … Continue reading →

Posted in Consumers, COVID-19, Economy, Keynesian economics, Macro Economics, Weekly Financial News | Tagged , , , , | Leave a comment

Inflation Target Reached?

Posted on April 27, 2024 by Popular Economics Weekly

Financial FAQs Inflation is probably as close to the Federal Reserve’s inflation target of 2 percent as possible this year, according to its favorite inflation index, the Personal Consumption Expenditure Price Index (PCE) that is the best overall measure of … Continue reading →

Posted in Consumers, COVID-19, Economy, Keynesian economics, Macro Economics, Weekly Financial News | Tagged , , , , | Leave a comment

Inflation Still Declining

Posted on April 11, 2024 by Popular Economics Weekly

Popular Economics Weekly The inflation rate for wholesale goods and services (PPI) is still declining, which will hearten the inflation doves after yesterday’s Consumer Price Index (CPI) seems to be stuck in a 3 percent range. So, the Fed has … Continue reading →

Posted in Consumers, COVID-19, Economy, Keynesian economics, Politics, Weekly Financial News | Tagged , , , , | Leave a comment

Strong Growth Will Continue

Posted on March 21, 2024 by Popular Economics Weekly

Financial FAQs There’s a good reason we have avoided a recession, I said last week. Consumers’ personal financial conditions have improved, so they continue to shop, and they are responsible for 70 percent of economic activity. Now the Conference Board’s … Continue reading →

Posted in Consumers, COVID-19, Economy, housing market, Keynesian economics, Weekly Financial News | Tagged , , , , | Leave a comment

Q4 Growth Prospects Improve

Posted on January 4, 2024 by Popular Economics Weekly

The Mortgage Corner Prospects for better fourth quarter economic growth are improving. Why? Interest rates are declining along with inflation rates. The Atlanta Fed’s GDPNow Q4 estimate of economic growth that I like just picked up steam after several downward … Continue reading →

Posted in Consumers, COVID-19, Economy, Housing, housing market, Keynesian economics, Weekly Financial News | Tagged , , , , | Leave a comment

Why the Irrational Pessimism?

Posted on January 2, 2024 by Popular Economics Weekly

Financial FAQs Public polls seem to be saying one thing, economic facts another. Real Clear Politics compendium of 11 opinion polls on whether participants approve or disapprove of President Biden’s handling of the economy show a negative -22.5 percent spread. … Continue reading →

Posted in Consumers, COVID-19, Economy, Housing, housing market, Keynesian economics, Weekly Financial News | Tagged , , , | Leave a comment