Category Archives: Politics

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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Why Have a Debt Ceiling Debate?

Posted on October 7, 2021 by Popular Economics Weekly

Financial FAQs FREDdebtgdp We might have just been saved from an immediate default on the national debt with all of its consequences. Senate Minority Leader Mitch McConnell late on Wednesday made a new offer to the Democratic-run Senate as lawmakers … Continue reading →

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U.S. Manufacturing Output Surging

Posted on October 4, 2021 by Popular Economics Weekly

Financial FAQs FREDmanuoutput Growth in the U.S. manufacturing sector is exploding, according to the Institute for Supply Managers Report on Business. Output is up 17 percent in Q2 2021 YoY. It is a great sign of overall economic growth for … Continue reading →

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What Happened to the Civil War?

Posted on September 29, 2021 by Popular Economics Weekly

Answering Kennedy’s Call NPR.org Removal of the largest Robert E. Lee statue from its prominent place in central Richmond, Virginia is a sign of the times. We are no longer fighting what has been called a ‘cold’ civil war. Not the majority … Continue reading →

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Why So Much Income Inequality?

Posted on September 21, 2021 by Popular Economics Weekly

Answering Kennedy’s Call FREDcpi President Biden hopes to pass the largest piece of social legislation since the New Deal with his upcoming $3.5 trillion social infrastructure bill. But he is finding lots of opposition to such public spending. The NY … Continue reading →

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A Disappointing Jobs Report

Posted on September 3, 2021 by Popular Economics Weekly

Popular Economics Weekly Calculated Risk When will they come back to work? That is the question economists are asking with the August unemployment report out today. Although the Calculated Risk graph shows how quickly job creation has recovered in comparison … Continue reading →

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