Category Archives: Politics

President Biden’s New Deal Budget Helps All of US

Posted on June 2, 2021 by Popular Economics Weekly

Financial FAQs President Biden’s $6 billion 2021-22 budget proposal would rebuild America’s infrastructure and social safety net, supporting those essential workers that need it the most. “It also represents the most substantial expansion of the federal government’s spending powers since … Continue reading →

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Some Workers Reluctant to Return to Their Jobs

Posted on May 26, 2021 by Popular Economics Weekly

Financial FAQs CNBC.com “In the week ending May 15, the advance figure for seasonally adjusted initial (jobless) claims was 444,000, a decrease of 34,000 from the previous week’s revised level. This is the lowest level for initial claims since March … Continue reading →

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Why So Much Inequality?

Posted on May 17, 2021 by Popular Economics Weekly

Answering Kennedy’s Call Epi.org There aren’t many economists that still debate the origins of our record income inequality, the worse in the developed world, and even in some of the developing world. A loss of $10/hour in the typical worker’s compensation … Continue reading →

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The Age of Narcissism is Ending

Posted on May 6, 2021 by Popular Economics Weekly

Answering the Kennedys’ Call PEWResearch The election of President Biden is bringing an end to the age of narcissism, or as Tom Wolfe titled it in 1976, “The ‘Me’ Decade”. Only 30 percent of adult Americans say they still like our former … Continue reading →

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American Economy Gets a New Deal

Posted on April 29, 2021 by Popular Economics Weekly

Popular Economics Weekly BEA.gov President Biden announced in his first ‘non-State of the Union’ address that “America is on the move again,” saying in effect that government isn’t the problem but the solution to today’s problems, including the horrific events … Continue reading →

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How High Go Housing Prices?

Posted on April 21, 2021 by Popular Economics Weekly

The Mortgage Corner Calculatedriskblog How high can housing prices go? They rose in double digits annually in the early 2000s during the housing bubble. But that was when the housing supply could not keep up with the demand for housing, … Continue reading →

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Equitable Wealth = Equitable Growth

Posted on April 14, 2021 by Popular Economics Weekly

Answering the Kennedys’ Call Equitablegrowth.com We must cure the record income inequality if we are to re-unite the United States into a country that serves Americans in both red and blue states. The current disunity is a result of whole … Continue reading →

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Why the American Rescue Plan Is So Important

Posted on March 8, 2021 by Popular Economics Weekly

Financial FAQs There are several good reasons for passing the American Rescue Plan (ARP). Firstly, it abolishes once-and-for-all the Reagan-era myth that ‘government is the problem’. With the thinnest of Democratic majorities, the Biden administration is getting things done; from … Continue reading →

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Manufacturing At Two-Year High

Posted on March 2, 2021 by Popular Economics Weekly

Financial FAQs Tradingeconomics Manufacturing activity is roaring back. It joins construction and housing sales as the main drivers of economic growth at the moment. And we need all the drivers of economic growth to keep this economy in the black … Continue reading →

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Another ‘Roaring Twenties’–Part II?

Posted on February 13, 2021 by Popular Economics Weekly

Financial FAQs UMichSentiment For some kind of ‘Roaring Twenties’ recovery to happen, Nobel Prize-winner Joe Stiglitz warns in Project-Syndicate that we must pass President Biden’s $1.9 trillion American Rescue Plan. “Biden’s proposed spending plan is urgently needed. Recently released data … Continue reading →

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