Category Archives: Macro Economics

Paying Sustainable Economic Growth Forward

Popular Economics Weekly The Fed has said it wouldn’t begin to boost interest rates until sustainable economic growth was achieved. However, no one has actually defined what that means. Fed Chairman Bernanke defines it as when full employment is achieved, … Continue reading

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November’s 203,000 Payroll Jobs Not Enough

Popular Economics Weekly The U.S. Bureau of Labor Statistics reported today unemployment declined from 7.3 percent to 7.0 percent in November, and total nonfarm payroll employment rose by 203,000. But that shouldn’t be enough good news for the Federal Reserve … Continue reading

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Equality Is Good For Everyone!

Popular Economics Weekly It looks like some states are beginning to take the equality issue seriously again. Massachusetts just raised their minimum wage to $10 per hour, California is raising it to $8.25 over 2 years, with New Jersey and … Continue reading

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Why Do We Have Two Countries?”

Popular Economics Weekly   Former CIA assistant director Mike Morell lamented on a recent CBS 60 Minutes that he didn’t understand why congressional Democrats and Republicans couldn’t work together to boost economic growth for “the good of the country” when … Continue reading

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Thanks For Nothing, Washington!

Financial FAQs Democrats have bought the Republican lie that Democrats were the big spenders, it seems, with the draconian federal budget cuts enacted over the past 2 years. But recent statistics show it’s been the Republicans since 1980 that created … Continue reading

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Mortgage Delinquencies Continue to Decline

The Mortgage Corner The good news is that foreclosure rates continue to fall, though delinquencies more than 90 days late are fluctuating with the season, according to Lender Processing Services (LPS) in their Mortgage Monitor report for September. According to … Continue reading

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Why Isn’t Washington Working “For the good of the Country?”

Popular Economics Weekly If we really want to know what is depressing consumers, look at how Congress is tied up in knots over the debt ceiling and spending losses from sequestration cuts–$109 billion per year, according to labor economist Jared … Continue reading

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Why Is Government So Important?

Popular Economics Weekly So it turned out to be true, contrary to those who believed less government is better. The government shutdown proved just how important government is to our daily lives. Not only its cost—upwards of $24 billion in … Continue reading

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Econ Robert Shiller’s Nobel Prize a Big Win

Popular Economics Weekly Although much of what Yale economist Robert Shiller writes is about the importance of financial markets, he won the Nobel Prize in Economic Sciences for studying how financial markets misbehave. He is a pioneer in the new … Continue reading

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Is This A New Civil War?

Popular Economics Weekly The New York Times stated in a 2010 poll that the 18 percent of Americans who identify themselves as Tea Party supporters tend to be Republican, white, male, married and older than 45. History tells us the … Continue reading

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