Category Archives: Politics

The American Rescue Plan Must Pass

Popular Economics Weekly Calculated Risk The number of job openings was little changed at 6.6 million on the last business day of December, the U.S. Bureau of Labor Statistics reported yesterday. Job growth slowed in January with just 49,000 net … Continue reading

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January Employment Barely Rises

Popular Economics Weekly Calculated Risk The unemployment rate fell by 0.4 percentage point to 6.3 percent in January, while nonfarm payroll employment changed little (+49,000), the U.S. Bureau of Labor Statistics reported today. The US labor market continued to reflect … Continue reading

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A ‘New’ New Deal

Popular Economics Weekly FREDgdpgrowth Even before his inauguration, the Biden administration announced its ‘new deal’ for a new administration doing government’s business as we recover from the worst recession since the Great Depression of the 1930s.  Yes, this is the … Continue reading

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Economy Has Room to Expand

Financial FAQs Calculated Risk The latest Job Openings and Labor Turnover Survey (JOLTS) report showed that small businesses are hurting the most during this pandemic with even outdoor dining banned in some regions, such as Southern California, while new hires … Continue reading

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Job Losses Mount From COVID-19

Popular Economics Weekly MarketWatch Total nonfarm payroll employment declined by 140,000 in December, and the unemployment rate was unchanged at 6.7 percent, the U.S. Bureau of Labor Statistics reported today. “The decline in payroll employment reflects the recent increase in … Continue reading

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Finding a Path to Greater Equality

Popular Economics Weekly CenterforEquitableGrowth Economic theory is finally catching up to political theory in showing policymakers how to right the record income inequality—worst in the developed world—that has plagued working Americans since the 1970s. It is about time when we … Continue reading

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Finding the Path to Greater Prosperity!

Popular Economics Weekly CenterforEquitableGrowth Economic theory is finally catching up to political theory by showing policymakers how to right the record income inequality—worst in the developed world—that has plagued working Americans since the 1970s. It is about time when we … Continue reading

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Deaths of Despair, Part II—The Wall of Ignorance

Answering the Kennedys’ Call NBER.org Something can be done about the “Deaths of Despair” among the non-college educated white males that Anne Case and Angus Deaton have been writing about that I discussed in Deaths of Despair, Part I, and … Continue reading

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The Rising Deaths of Despair Amid COVID-19

Financial FAQs ProjectSyndicate Evidence is beginning to mount that the Trump administrations half-hearted response to the COVID-19 pandemic was intentional. And we are seeing the results in mounting suicide and drug abuse rates among the populace most affected—the lesser educated—according … Continue reading

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What Happened to Our Leaders?

Answering the Kennedys’ Call Wikipedia President-Elect Biden is 78 years old, and will be the oldest President in our history when he is sworn in. He continues to uphold the recent age levels of POTUS set by Donald Trump (74), … Continue reading

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