Category Archives: Politics

Very Strong January Employment

Posted on February 1, 2019 by Popular Economics Weekly

Popular Economics Weekly MarketWatch.com Total nonfarm payroll employment increased by 304,000 in January, and the unemployment rate edged up to 4.0 percent, the Bureau of Labor Statistics reported today. Job gains occurred in several industries, including leisure and hospitality, construction, … Continue reading →

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It’s the Consumer, Stupid

Posted on January 29, 2019 by Popular Economics Weekly

Answering the Kennedys Call—Part II New York Times’ economic writer Neil Irwin in a recent Op-ed is not seeing a very robust future for global economic growth. “…what the last few months have made clear is that the forces that … Continue reading →

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What is a Living Wage?

Posted on January 28, 2019 by Popular Economics Weekly

Answering the Kennedys Call The Washington Post published a recent interview with new Democratic House Member Alexandria Octavia-Cortez in which she said, “I think it’s wrong that a vast majority of the country doesn’t make a living wage, I think … Continue reading →

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What Happened to Consumers’ Confidence?

Posted on January 24, 2019 by Popular Economics Weekly

Financial FAQs http://www.sca.isr.umich.edu/ Consumer sentiment declined in early January to its lowest level since Trump was elected, reported the December U. of Michigan sentiment survey. It’s down for a number of reasons—too many reasons, and economists are consequently beginning to … Continue reading →

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What’s Behind Brexit and the Politics of Fiscal Austerity?

Posted on January 22, 2019 by Popular Economics Weekly

Popular Economics Weekly https://www.washingtonpost.com The case can now be made that Briton’s vote to leave the EU was because of wrong-headed fiscal policies in the aftermath of the Great Recession. The housing bubble affected Europeans almost as much as Americans … Continue reading →

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A Week of Conflicting Growth Signals

Posted on January 19, 2019 by Popular Economics Weekly

Popular Economics Weekly Econoday How do we reconcile the fact that industrial production in 2018 was very good, probably due to producers stocking up before more new tariffs are announced, and consumer sentiment has plunged to a 2-year low because … Continue reading →

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In Search of a Moral Economy

Posted on December 28, 2018 by Popular Economics Weekly

Financial FAQs vox.com Vermont Senator Bernie Sanders defined a moral economy in a recent Duke University dialogue with the Reverend William Barber II: ““A moral economy is one that says, ‘In the wealthiest country in the history of the world, … Continue reading →

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Will 2019 Be Year U.S. Begins to Reunite?

Posted on December 26, 2018 by Popular Economics Weekly

Popular Economics Weekly vox.com Wonder of wonders, is New York Times conservative columnist David Brooks becoming a neo-Keynesian, New Deal economist? This is the term coined for those younger economists, such as Nobel economists Paul Krugman, Joe Stiglitz and George … Continue reading →

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Why the Fed’s Obsession With Inflation?

Posted on December 20, 2018 by Popular Economics Weekly

Popular Economics Weekly tradingeconomics.com/FRED The Federal Reserve’s December FOMC statement, said, after increasing their overnight rate another one-quarter percent: “Consistent with its statutory mandate, the Committee seeks to foster maximum employment and price stability. The Committee judges that some further … Continue reading →

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Weaker Employment Report Due to Trade Wars?

Posted on December 8, 2018 by Popular Economics Weekly

Financial FAQs MarketWatch.com Total nonfarm payroll employment increased by 155,000 in November, and the unemployment rate remained unchanged at 3.7 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in health care, in manufacturing, and in transportation … Continue reading →

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