Category Archives: Macro Economics

Jobs Key to 2012 Election

Popular Economics Weekly We know what will win or lose the 2012 Presidential election—jobs. Will enough jobs be created to give Obama a second term? Or, will enough independent voters change horses (to elephants) and become Republicans, because not enough … Continue reading

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2012 Election—The Propaganda Campaign Begins

Financial FAQs Now that Mitt Romney seems to have sewed up the Republican delegates needed for his Presidential candidacy, the war for the Hearts and Minds of Americans begins in earnest. And we can trust that the Lee Atwater—Karl Rove … Continue reading

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Corporations Plus NRA Equals Greater Lawlessness

Financial FAQs “Florida’s now-infamous Stand Your Ground law, which lets you shoot someone you consider threatening without facing arrest, let alone prosecution, sounds crazy — and it is,” said New York Times columnist Paul Krugman recently. “And it’s tempting to … Continue reading

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States are Making A Comeback

Financial FAQs The Federal Reserve Bank of Philadelphia has released the coincident indexes for the 50 states for January 2012 that are a measure of current activity, and so a good measure of how widespread is the recovery. In the … Continue reading

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Greater Lawlessness Causes Great Recessions

Popular Economics Weekly We know Greg Smith’s unveiling of Goldman Sachs’ ‘culture’ of GS profits ahead of clients’ interests was nothing new. And that real laws were broken—from conflicts of interest to outright fraud. The 2010 congressional hearings unveiled much … Continue reading

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2012 Economic Growth Accelerating

Popular Economics Weekly Economic growth is finally accelerating. Consumer demand plus manufacturing are continuing to increase, and even the fourth quarter was a little stronger as Q4 GDP growth broke the psychological 3 percent boundary. The Commerce Department revised fourth … Continue reading

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The Confidence Fairies Love Austerity

Popular Economics Weekly January’s economic numbers are in, so we can say government stimulus spending has worked; there is just not enough of it. Whereas the views of those Paul Krugman characterizes as “confidence fairies” doesn’t work. Austerity and budget … Continue reading

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Where is the Inflation?

Financial FAQs If we would listen to the Europeans advocating austerity measures to punish Greece and Italy in particular for their profligacy, then inflation is right around the corner, according to the Germans who fear it most. Germany’s Finance Minister … Continue reading

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Why are Some States Poorer Than Others?

Financial FAQs We have austerity in our own country as a result of the Great Recession, but it doesn’t fall equally on all states. In fact, states suffering the most are mainly those in the South, Midwest and manufacturing rust … Continue reading

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Corporate Austerity Not the Answer in 2012

Popular Economics Weekly Why so much gloom and tentativeness about U.S. economic growth when all the indicators are looking up for 2012? For instance, the Conference Board’s Index of Leading Economic Indicators again showed positive growth ahead. It rose 0.4 … Continue reading

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