Category Archives: Macro Economics

“The only thing we have to fear is fear itself.” Roosevelt

Popular Economics FREDpayrolljobs The job market is shrinking, to no one’s surprise. But July’s catastrophic unemployment report tells us the loss of -23,000 payroll was particularly horrific. Yet +214,000 jobs were created in March, and the economy was perhaps on … Continue reading

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Why Our Record Inequality?

Financial FAQs “Why are we the only developed country without universal health care, tuition free public college, mandated paid vacations and paid child leave, among other benefits, all major indicators of social well-being? We should not need a Michael Moore … Continue reading

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Where’s the Inflation?

Financial FAQs “Economic activity is expanding at a solid pace despite elevated uncertainty that owes, in part, to the conflict in the Middle East…Inflation remains elevated relative to the Committee’s 2 percent goal, in part reflecting supply shocks that have … Continue reading

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No Relief From Inflation

Popular Economics Weekly  “From the same month one year ago, the PCE price index for May increased 4.1 percent. Excluding food and energy, the PCE price index increased 3.4 percent from one year ago.” BEA.gov The Personal Consumption Expenditure Index … Continue reading

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Time To Pay the Piper

Popular Economics Weekly “The time to repair the roof is when the sun is shining. [State of the Union Address January 11 1962]” President John F Kennedy Wikipedia Two of our largest domestic economies are heeding President Kennedy’s words, “when the sun … Continue reading

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Biden vs. Trump

Popular Economics Weekly “The Producer Price Index for final demand increased 1.4 percent in April, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices advanced 0.7 percent in March and 0.6 percent in February. The April … Continue reading

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Irrational Exuberance is Back

Financial FAQs “How errors of human judgment can infect even the smartest people, thanks to overconfidence, lack of attention to details, and excessive trust in the judgments of others, stemming from a failure to understand that others are not making … Continue reading

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Too Many Vacant Jobs?

Financial FAQs The number of job openings was little changed at 7.8 million in May, the U.S. Bureau of Labor Statistics reported today. Over the month, both hires and total separations were little changed at 5.5 million and 5.2 million, … Continue reading

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Republicans Have Never Paid Their Bills

Financial FAQs “The new law will reduce federal revenues by significant amounts, even after allowing for the impact on economic growth. It will make the distribution of after-tax income more unequal. If it is not financed with concurrent spending cuts … Continue reading

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Trump’s 2.0 100 Days

Popular Economics Weekly “With President Donald Trump’s second term approaching its 100-day mark, 40% of Americans approve of how he’s handling the job – a decline of 7 percentage points from February,” PEW Research. PEW The big mystery is why … Continue reading

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