Category Archives: Macro Economics

No Double Dip Recession—Why Worry?

Popular Economics Weekly Goldman Sachs chief economist Jan Hatzius has joined the chorus that says 2013 should be a good year for growth, in spite of the so-called ‘fiscal headwinds’ of a gridlocked Congress and White House. Why? Because both … Continue reading

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State of the Union—Why So Few New Jobs?

Popular Economics Weekly President Obama’s State of the Union address was all about jobs. So why have so few been created since the Great Recession? Federal Reserve Vice Chair Janet Yellen gave a recent speech entitled: A Painfully Slow Recovery … Continue reading

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The Fed Worried About Continued Growth

Popular Economics Weekly Fourth Quarter Gross Domestic Product growth was a bust. What does that say about 2013? Are consumers tapped out, and capital expenditures (capex) shrinking, the two main drivers of economic growth? It doesn’t seem so, as long … Continue reading

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Why Shouldn’t the Fed Do More?

Financial FAQs Fourth Quarter Gross Domestic Product growth was a bust. And so cries are rising for the Federal Reserve to do more to promote growth (since Congress and the White House can’t or won’t). Actually the Fed has done … Continue reading

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Why Are Consumers So Unhappy?

Popular Economics Weekly It shouldn’t be a secret, by now. Consumers are unhappy. And it’s not because we are too busy paying down our debts. It’s really because no one in Washington has been focusing on job creation—at least since … Continue reading

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2013 U.S. Economy Finally In Recovery

Popular Economics Weekly With tax rates returning to more normal levels from the rollback of Bush era tax cuts, and Republicans giving up on denying debt ceiling increases until April that would force more cuts in government spending, there seem … Continue reading

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Juicing Employment Is Good

Financial FAQs The subject of juicing is in the air with Lance Armstrong’s confession that he and his cycling teammates injected various stimulants to win races. Yet he told Oprah on her show he didn’t think he was cheating. “Scary, … Continue reading

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The Hunger Games Are Coming…

Financial FAQs Was the Sandy Hook Elementary School massacre the sign of an apocalyptic future? Or the Aurora Theatre shootings by a cold-blooded killer? The Hunger Games is a riveting portrayal of how the young see the modern world, where … Continue reading

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Unemployment—Why Still So High?

Popular Economics Weekly What will bring US back to full employment is a very big question among economists. The problem is that the 155,000 per month nonfarm payroll average in 2012 isn’t enough to either absorb new entrants, or those … Continue reading

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Happy New Year—A 2013 Recovery!

Popular Economics Weekly Any doubts how dependent the rest of the world is on U.S. growth was dispelled on ratification of the ‘fiscal cliff’ bill by Congress. The world’s stock markets rallied on the news. The DOW was up + … Continue reading

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