Category Archives: Politics

Building Community at Home

Answering Kennedy’s Call Fulfilling the third goal of my Peace Corps service, “to help promote a better understanding of other peoples on the part of Americans,” wasn’t as easy to do. My PCV service was implementing a rural community development … Continue reading

Posted in Macro Economics, Politics, Uncategorized | 1 Comment

Our Budget Deficit Isn’t the Problem

Financial FAQs Harvard Economics Professor and former Treasury Secretary Larry Summers said Tuesday during an event staged by the Center for American Progress, a Democratic Party-aligned think tank, that the U.S. budget deficit, which came in at $1.7 trillion in … Continue reading

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Too Little Growth a Danger

Popular Economics Weekly Rather than worry about too much inflation still in the pipeline, we should worry about too little economic growth going forward, if we take Chairman Powell at his word in his latest speech at a recent economic … Continue reading

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Retail Sales Will Save Us

Financial FAQs The debate is raging on when the Fed will begin to lower their short-term rates in time to prevent a recession. A number of pundits and economists, such as Nobel Laureate Paul Krugman, have said the inflation battle … Continue reading

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Higher Growth Ahead!

Financial FAQs Why have stocks and bonds been gyrating so much this year? It’s partly because a confused Federal Reserve doubts inflation is approaching their 2 percent target, and so won’t signal when they might begin to reduce their sky … Continue reading

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It’s the Pandemic Stupid!

Popular Economics Weekly Economists are beginning to say enough is enough. The Fed might continue to pause from another rate hike in their November FOMC meeting because the latest inflation data show a continued decline, but not in December. “Although … Continue reading

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Consumer Services Show Growth Rebound

Popular Economics Weekly TradingEconomics Why are the likes of Goldman Sachs chief economist Jan Hatzius predicting no looming recession and better economic growth ahead? It’s partly because of Bidenomics, the boost to growth that the infusion of $billions into renewal … Continue reading

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A Guest Opportunity For Podcasters

Answering Kennedy’s Call About Harlan Green § Harlan Russell Green is 2023 Winner of the Peace Corps Writers’ Publisher’s Award Jul 31, 2023 § Harlan Russell Green (Turkey 1964–66) 2023 Publisher’s Award Building Community: Answering Kennedy’s Call, Harlan Green’s memoir … Continue reading

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Q3 Economic Growth to Double?

Popular Economics Weekly AtlantaFedGDPNow We could have even higher third quarter economic growth, believe it or not, from the second quarter 2.4 percent (advance) growth estimate by the US Bureau of Economic Analysis. The Atlanta Federal Reserve’s GDPNow model estimates … Continue reading

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A Lot of Job Openings!

Financial FAQs Calculated Risk Blog It’s hard to reconcile the recent downgrade of US Treasury debt by Fitch Ratings, one of the three major debt rating agencies, to AA+ from AAA, with the US economy still at full employment. “The … Continue reading

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