Category Archives: Macro Economics

A Ted Cruz Presidency?

Posted on March 25, 2015 by Popular Economics Weekly

Financial FAQs Texas Senator Ted Cruz is about to announce his candidacy for the 2016 presidential campaign. What would his presidency look like, if he were elected? “Mr. Cruz has also begun championing a message of economic populism,” said the … Continue reading →

Posted in Consumers, Economy, Macro Economics, Politics | Tagged Income inequality, IRS, Keystone XL Pipeline, Obamacare, Senator John Edwards, Senator Ted Cruz, Tea Party, war on poverty, Wisconsin Governor Scott Walker | Leave a comment

Celebrating Our Great Society

Posted on March 22, 2015 by Popular Economics Weekly

Popular Economics Weekly We are in the midst of celebrating the 50th anniversary of President Johnson’s Great Society, enacted for the most part from 1964-66, perhaps the greatest legislative achievement of any president since FDR and the New Deal. We … Continue reading →

Posted in Economy, Keynesian economics, Macro Economics, Politics, Weekly Financial News | Tagged Clean Air Act, Clean Water Act, FDR, GDP growth, Great Depression, Great Recession, great society, Head Start, housing bubble, New Deal, President Johnson, war on poverty | 1 Comment

Governor Scott Walker vs. Education

Posted on March 3, 2015 by Popular Economics Weekly

Financial FAQs It is hard to believe, but prospective presidential candidate Wisconsin Governor Scott Walker’s main platform seems to be his antipathy towards education, and higher education, in particular. He has obfuscated his near hatred of higher education to date … Continue reading →

Posted in Consumers, Economy, Keynesian economics, Macro Economics, Politics, Weekly Financial News | Tagged GDP growth, right to work laws, right-to-work states, union collective bargaining, wisconsin deficit, Wisconsin Governor Scott Walker | Leave a comment

Enslavement of the Middle Class

Posted on February 22, 2015 by Popular Economics Weekly

Financial FAQs It is becoming obvious that the American middle class (topic dujour among presidential candidates these days) has been enslaved by an ideology that only benefits the wealthiest among US. It is an ideology of austerity that has prevailed … Continue reading →

Posted in Consumers, Economy, Macro Economics, Politics, Weekly Financial News | Tagged adam smith, austerity policies, GW Bush presidency, Income inequality, Jason Furman, Paul Krugman, President GW Bush, President Obama, President Reagan, White House Council of Economic Advisors | Leave a comment

The Economic Ruination of Greece

Posted on February 18, 2015 by Popular Economics Weekly

Popular Economics Weekly It is now beyond a reasonable doubt that Germany and its austerity cohorts want to drive Greece out of the Eurozone by insisting that it adhere to its agreement to pass most of its meager budget surplus … Continue reading →

Posted in Economy, Keynesian economics, Macro Economics, Politics, Weekly Financial News | Tagged austerity policies, deflationary spiral, depression, EU, euro zone, GDP growth, german economy, greek economy | Leave a comment

Low Inflation Everywhere Is Shrinking Growth

Posted on February 14, 2015 by Popular Economics Weekly

Popular Economics Weekly Deflation is a rising risk for the U.S. economy based on import and export price data where contraction is at its most severe since the 2008-2009 recession, as well as for the rest of the world. U.S. … Continue reading →

Posted in Consumers, Economy, Macro Economics, Weekly Financial News | Tagged consumer confidence, consumer debt, Consumer sentiment, inflation, inflation rate. U. of Michigan Sentiment Survey, retail sales | Leave a comment

The Bernanke-Yellen Led US Recovery

Posted on February 8, 2015 by Popular Economics Weekly

Financial FAQs Friday’s January unemployment report should close the books once and for all on the debate whether austerity cutbacks in government spending (and debt) such as happened in Europe, or pro-active government policies by the U.S. Federal Reserve Banks … Continue reading →

Posted in Economy, Keynesian economics, Macro Economics, Politics, Weekly Financial News | Tagged austerity policies, Ben Bernanke, Fed Chairman Ben Bernanke, Fed Chairman Janet Yellen, Janet Yellen, non-farm payroll employment, payroll jobs, unemployment rate, unemployment report | Leave a comment

December Unemployment Report Sets Record

Posted on January 9, 2015 by Popular Economics Weekly

Financial FAQs Friday’s Labor Dept. nonfarm payrolls report has just set a record for annual job creation. The U.S. added 252,000 new jobs in December to extend the strongest streak of hiring since the mid-1990s, but wages fell and more … Continue reading →

Posted in Economy, Keynesian economics, Macro Economics, Politics, Weekly Financial News | Tagged non-farm payroll employment, President Clinton, President GW Bush, President Obama, private nonfarm payrolls, unemployment rate, unemployment report, wage deflation, wages and salaries | Leave a comment

The Political Consequences of Inequality

Posted on January 6, 2015 by Popular Economics Weekly

Financial FAQs Paul Krugman recently highlighted the dangers of Europe’s austerity policies and the growing inequality of the developed world, the worst since the Great Depression. The result then, as now, has been the growing strength of right wing parties … Continue reading →

Posted in Consumers, Economy, Macro Economics, Politics, Weekly Financial News | Tagged austerity policies, Capital in the Twenty-First Century, EU, euro zone, german economy, Great Depression, Great Recession, greek economy, Income inequality, marine le pen, Paul Krugman, thomas piketty, unemployment, vladimir putin | Leave a comment

Fed’s Yellen—No Inflation In 2015?

Posted on December 26, 2014 by Popular Economics Weekly

Popular Economics Weekly Fed Chair Janet Yellen has given us a very good holiday gift. that boosted stock and bond prices. She announced at her post-FOMC meeting press conference that Fed Governor’s see little or no inflation next year. In … Continue reading →

Posted in Consumers, Economy, Macro Economics, Weekly Financial News | Tagged Consumer sentiment, consumer spending, CPI, Federal Reserve, inflation rate, Janet Yellen | Leave a comment

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