Category Archives: Politics

California’s NIMBY Problem

Posted on August 30, 2021 by Popular Economics Weekly

The Mortgage Corner Calculated Risk It’s no secret that California has a housing problem. Its bias for single-family, ‘not-in-my-backyard’ (NIMBY) zoning since the 1960s has finally caught up with reality—in the form of more than 150,000 residents homeless and some 700,000 … Continue reading →

Posted in Consumers, COVID-19, Housing, housing market, Politics | Leave a comment

Can We Have a Soft Landing?

Posted on August 2, 2021 by Popular Economics Weekly

The Mortgage Corner CBO Fed Chair Alan Greenspan in early 2000 convinced GW Bush that he could finance GW’s war on terror without raising taxes by borrowing money at ultra-low interest rates. America’s sovereign debt had AAA credit rating at … Continue reading →

Posted in Consumers, COVID-19, Economy, Politics, Weekly Financial News | Leave a comment

Second Quarter Economic Growth Explodes

Posted on July 29, 2021 by Popular Economics Weekly

Financial FAQs BEA.gov The U.S. economy grew at a blistering pace in the spring and repaired most of the damage caused by the pandemic thanks to widespread coronavirus vaccinations and a nearly full reopening of the economy. The Q2 GDP … Continue reading →

Posted in Consumers, COVID-19, Economy, Politics, Weekly Financial News | Leave a comment

Why Keep Interest Rates This Low?

Posted on July 15, 2021 by Popular Economics Weekly

Financial FAQs FREDPersavings Inflation isn’t yet a problem, but are very low interest rates becoming a problem? Interest rates have been at record lows for years, thanks to the Federal Reserve that has been buying up enough bonds and mortgage … Continue reading →

Posted in Consumers, COVID-19, Economy, housing market, Keynesian economics, Politics, Weekly Financial News | Leave a comment

There Are More Jobs Than Ever!

Posted on June 9, 2021 by Popular Economics Weekly

Financial FAQs Calculated Risk The number of job openings reached a series high of 9.3 million on the last business day of April, the U.S. Bureau of Labor Statistics reported last Tuesday. Hires were little changed at 6.1 million. Total separations … Continue reading →

Posted in Consumers, COVID-19, Economy, Keynesian economics, Politics, Weekly Financial News | Leave a comment

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 →

Posted in COVID-19, Economy, Keynesian economics, Politics, Weekly Financial News | Leave a comment

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 →

Posted in Consumers, COVID-19, Economy, Politics, Weekly Financial News | Leave a comment

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 →

Posted in Consumers, COVID-19, Keynesian economics, Politics, Weekly Financial News | Leave a comment

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 →

Posted in Consumers, COVID-19, Economy, Keynesian economics, Politics, Uncategorized, Weekly Financial News | Leave a comment

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 →

Posted in Consumers, COVID-19, Economy, Keynesian economics, Politics, Weekly Financial News | Leave a comment