Category Archives: Macro Economics

Employment Report Means Holiday Cheers!

Posted on November 12, 2011 by Popular Economics Weekly

Popular Economics Weekly Not only were the employment numbers for the past 3 months much higher than originally estimated, but job openings are growing. All we need now is for consumers’ credit conditions to ease to bring back their confidence. … Continue reading →

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Don’t Accept ‘New Normal’ of Slower Growth

Posted on September 16, 2011 by Popular Economics Weekly

Popular Economics Weekly There is no reason to accept what pundits and some economists are telling us we have to accept—a ‘new normal’ for economic growth that is some kind of growth recession. Because we have the means to spur … Continue reading →

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Labor’s Day—Have We Forgotten What It Means?

Posted on September 2, 2011 by Popular Economics Weekly

Popular Economics Weekly It’s officially the end of summer, start of school, fall colors, and Obama’s upcoming September 8 joint congressional State of the Jobs Market. With the labor market in dire straits, what can we say about this year’s … Continue reading →

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The Fed’s Paralysis—Who Will Do the Right Thing?

Posted on August 30, 2011 by Popular Economics Weekly

Popular Economics Weekly I actually agreed with Fed Chairman Bernanke in his latest Jackson Hole speech, when he said the Fed can’t grow the economy without some help. The weak growth of late has panicked markets, and Fed policy doesn’t … Continue reading →

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Our Psychological Depression

Posted on August 21, 2011 by Popular Economics Weekly

Popular Economics Weekly The plunging financial markets are telling us something depression, but it is more about crowd psychology, than actual events. Americans are very depressed about their financial prospects. Duh, says Paul Krugman, given the congressional deadlock. So why … Continue reading →

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Don’t Blame Our Democracy…

Posted on July 26, 2011 by Popular Economics Weekly

Popular Economics Weekly Please don’t blame our Democracy, old as it is—in fact, the oldest in the modern world—for the slowness of this recovery. Winston Churchill on hearing his Labor Party had been defeated in 1947, said in the House … Continue reading →

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It’s Basic Economics, Stupid!

Posted on June 10, 2011 by Popular Economics Weekly

Popular Economics Weekly What was the reason for Fed Chairman Bernanke’s almost pathetic plea to understand real world economics, in his latest speech at the Atlanta IMF Conference? He said in essence that the Fed is caught between worries about … Continue reading →

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Where are the Jobs?

Posted on June 3, 2011 by Popular Economics Weekly

Popular Economics Weekly We know that economic growth has slowed in the first quarter—falling from 3.1 percent growth to 1.8 percent in the second estimate of Q1 GDP growth. But even with slower growth, all sectors are still hiring. And … Continue reading →

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The Wrong Budget Debate

Posted on April 12, 2011 by Popular Economics Weekly

Financial FAQs We are having the wrong budget debate. Washington is not talking about paying down the federal debt, which now totals some $9.5 trillion held publicly. Budget deficits are created when revenues don’t equal spending. So when the focus … Continue reading →

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The Real Employment Picture

Posted on April 5, 2011 by Popular Economics Weekly

Popular Economics Weekly Nonfarm payroll employment increased by 216,000 in March, and the unemployment rate was little changed at 8.8 percent, the U.S. Bureau of Labor Statistics reported today. It is a start, but we have a long way to … Continue reading →

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