Category Archives: Politics

America’s (Ongoing) Civil War

Posted on May 31, 2022 by Popular Economics Weekly

Answering Kennedy’s Call Why should it be a surprise that Americans are still fighting the Civil War? Though it is no longer Generals Ulysses S Grant vs. Robert E Lee, it is still being fought with guns, as the latest … Continue reading →

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Strong Job Growth Continues

Posted on April 2, 2022 by Popular Economics Weekly

Popular Economics Weekly MarketWatch The unemployment rate slid to 3.6 percent in March from 3.8 percent in February, the government said Friday. The big news was that with an additional 431,000 nonfarm payroll jobs added in March, a total of … Continue reading →

Posted in Consumers, COVID-19, Economy, Keynesian economics, Politics, Weekly Financial News | 3 Comments

Consumers Still Optimistic (Long-Term)

Posted on March 29, 2022 by Popular Economics Weekly

Popular Economics Weekly What should we be looking for in Friday’s upcoming unemployment report? We hope that the torrid hiring pace—1.7 million nonfarm payroll jobs created in just the last three months—will continue a bit longer, despite the Ukraine invasion … Continue reading →

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A Soft Landing For Energy?

Posted on March 22, 2022 by Popular Economics Weekly

Financial FAQs eia.gov Should Americans worry about the price of gas and oil in coming months because of Russia’s invasion of Ukraine? And might it ultimately cause a recession if energy prices remain elevated? That is what some economists seem … Continue reading →

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Wartime Will JOLT Job Formation

Posted on March 9, 2022 by Popular Economics Weekly

Financial FAQs Calculated Risk The last time we had truly full employment in America was during World War Two. It’s a horrible thought, I know, but we ought to look at the ramifications of Putin’s invasion of Ukraine. The world … Continue reading →

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More Super Job Growth!

Posted on March 4, 2022 by Popular Economics Weekly

Popular Economics Weekly MarketWatch.com Workers are returning to work in every sector of the U.S. economy. They aren’t waiting any longer because of COVID concerns, or supply-chain problems, as the unemployment rate dropped to 3.8 percent from 4 percent, the … Continue reading →

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What Makes Americans Happy?

Posted on February 11, 2022 by Popular Economics Weekly

The Mortgage Corner Why do economists and pundits like to focus so much on consumer confidence, which fluctuates wildly, as the U Michigan sentiment survey graph shows? It rose as high as 112 in February 2000 during the heady Clinton … Continue reading →

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A Softer Landing for Inflation?

Posted on January 13, 2022 by Popular Economics Weekly

Popular Economics Weekly FREDcpi Will inflation keep rising, squeezing consumers, or return to a more normal range this year? The Consumer Price Index (CPI) that measures retail goods rose to 7.1 percent in December and has forced the Fed to … Continue reading →

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Does America Care Again?

Posted on November 23, 2021 by Popular Economics Weekly

Financial FAQs PEW Research The American Rescue Plan, The Infrastructure Investment and Jobs Act, and the soon to pass Build Back Better Plan show that the American ‘can do’ spirit is alive, the innate generosity and optimism that is so … Continue reading →

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Where are the Truck Drivers?

Posted on November 15, 2021 by Popular Economics Weekly

Financial FAQs @PaulKrugman If one picture can save 1,000 words, then maybe Nobel Laureate Paul Krugman’s citing of the huge decline in average hourly wages of Production and Non-supervisory Employees in Transportation and Warehousing since the 1970s goes a long … Continue reading →

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