Category Archives: Politics

Holiday Sales Booming

Popular Economics Weekly FREDretailsales The Commerce Department reported Retail trade sales were up 0.4 percent (±0.5 percent)* from September 2024, and up 2.6 percent (±0.5 percent) from last year. Nonstore retailers were up 7.0 percent (±1.4 percent) from last year, … Continue reading

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Inflation Is Not the Problem

Financial FAQs Inflation is close to its long-term 2 percent range, so the Federal Reserve has accomplished its goal of stabilizing prices. Yet the election results show that rising prices since the COVID-19 pandemic most panicked voters; even more than … Continue reading

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No Art of the Deal

ANSWERING KENNEDY’S CALL “After all, it is mathematically impossible to cut taxes for corporations and billionaires, sustain basic programs like defense and Social Security, and lower the deficit simultaneously:” Nobel Laureate Joseph Stiglitz. Huffington Post Historians will puzzle over the … Continue reading

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What’s Next, Trump Republicans?

Financial FAQs “What if conservatives succeeded in repealing Obamacare? “Republicans’ Obamacare repeal bill would leave 17 million more people uninsured next year, and 32 million more in 2026, the Congressional Budget Office said in an estimate Wednesday. It also said premiums would … Continue reading

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Bidenomics Works–Part II

Popular Economics Weekly Calculated Risk September’s unemployment rate remained at 4.1 percent but reported just 12,000 new payroll jobs due to the hurricanes and Boeing aircraft strike of 30,000 machinists. Total nonfarm payroll employment was essentially unchanged in October (+12,000), … Continue reading

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The Harris Presidency

ANSWERING KENNEDY’S CALL What would it mean for Kamala Harris to be our first female President? It’s a historical turning point that will affirm women have finally attained equal political rights to men, and American citizens confirm they want greater … Continue reading

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Why Does Bidenomics Work?

Financial FAQs FREDrealgdp Elon Musk told a cheering crowd at Sunday’s MAGA rally in New York that if Donald Trump puts him in charge of government efficiency, as planned, he can cut “at least $2 trillion” from the current federal … Continue reading

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The Bully Mentality–III

ANSWERING the KENNEDYS CALL Why has the bullying behavior of one political party intimidated some of our most powerful men? Reports say that billionaires like Bill Gates, Warren Buffett, and JP Morgan’s Jamie Diman won’t publicly endorse Kamala Harris, even … Continue reading

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On Preserving Freedom

Popular Economics Weekly Random House Freedom is not just an absence of evil but a presence of good. Timothy Snyder in the introduction of On Freedom, the sequel to his best-selling On Tyranny, tells us why we have a sociopath bordering … Continue reading

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Bidenomics Is Working!

Financial FAQs Brad Delong Why are Republicans denigrating Biodenomics, the economic policies passed by a bipartisan congress since 2021 that is causing 3 percent GDP growth and 4.0 percent unemployment, with 8 million job vacancies looking for workers, and inflation back … Continue reading

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