Category Archives: Keynesian economics

Has COVID-19 Made US Richer?

Posted on December 8, 2021 by Popular Economics Weekly

Financial FAQs FREDdisposalbleincome More Americans are richer, thanks to the COVID-19 pandemic, believe it nor not. The pandemic has spurred congress and the Biden administration to act as if we are coming out of another Great Depression. The U.S. is … Continue reading →

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Does America Care Again?

Posted on November 23, 2021 by Popular Economics Weekly

Financial FAQs PEW Research The American Rescue Plan, The Infrastructure Investment and Jobs Act, and the soon to pass Build Back Better Plan show that the American ‘can do’ spirit is alive, the innate generosity and optimism that is so … Continue reading →

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Where are the Truck Drivers?

Posted on November 15, 2021 by Popular Economics Weekly

Financial FAQs @PaulKrugman If one picture can save 1,000 words, then maybe Nobel Laureate Paul Krugman’s citing of the huge decline in average hourly wages of Production and Non-supervisory Employees in Transportation and Warehousing since the 1970s goes a long … Continue reading →

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“It’s the COVID Pandemic, Stupid!”

Posted on November 10, 2021 by Popular Economics Weekly

Financial FAQs FREDcpi Why the supply-chain bottlenecks and soaring inflation? “It’s the COVID pandemic, stupid.” say many economists. President Biden’s $1.2 trillion Infrastructure Investment and Jobs Act (IIJA) was passed just in time to slow the inflation climb and make … Continue reading →

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Why Have a Debt Ceiling Debate?

Posted on October 7, 2021 by Popular Economics Weekly

Financial FAQs FREDdebtgdp We might have just been saved from an immediate default on the national debt with all of its consequences. Senate Minority Leader Mitch McConnell late on Wednesday made a new offer to the Democratic-run Senate as lawmakers … Continue reading →

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Why So Much Income Inequality?

Posted on September 21, 2021 by Popular Economics Weekly

Answering Kennedy’s Call FREDcpi President Biden hopes to pass the largest piece of social legislation since the New Deal with his upcoming $3.5 trillion social infrastructure bill. But he is finding lots of opposition to such public spending. The NY … Continue reading →

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How Do We Ease our Workload?

Posted on July 20, 2021 by Popular Economics Weekly

Financial FAQs occupydemocrats.com Why do Americans worker harder with longer hours than in other developed countries? And why is America’s income inequality the worst in the developed world? Both questions can be quickly encapsulated by NYTimes’ columnists Bret Stephens and … Continue reading →

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Why Keep Interest Rates This Low?

Posted on July 15, 2021 by Popular Economics Weekly

Financial FAQs FREDPersavings Inflation isn’t yet a problem, but are very low interest rates becoming a problem? Interest rates have been at record lows for years, thanks to the Federal Reserve that has been buying up enough bonds and mortgage … Continue reading →

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There Are More Jobs Than Ever!

Posted on June 9, 2021 by Popular Economics Weekly

Financial FAQs Calculated Risk The number of job openings reached a series high of 9.3 million on the last business day of April, the U.S. Bureau of Labor Statistics reported last Tuesday. Hires were little changed at 6.1 million. Total separations … Continue reading →

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Who Lost Their Jobs?

Posted on June 4, 2021 by Popular Economics Weekly

Popular Economics Weekly MarketWatch.com This would be a good jobs report at any other time. Total nonfarm payroll employment rose by 559,000 in May, from a revised 278,000 jobs in May, and the unemployment rate declined by 0.3 percentage point … Continue reading →

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