Category Archives: Politics

Housing Construction Booming For How Long With a Trade War?

Posted on June 19, 2018 by Popular Economics Weekly

The Mortgage Corner How is it possible the 10-year Treasury yield has fallen back to 2.88 percent, and the 30-year fixed conforming rate is again 4.0 percent for 1 origination point in California? It’s all because the Trump trade wars … Continue reading →

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The Price of Incompetence in Foreign Policy and Trade

Posted on June 13, 2018 by Popular Economics Weekly

Popular Economics Weekly The Trump administration’s foreign policy is becoming obvious after the Singapore Summit with North Korea—Make Russia, N Korea, China (and almost every other authoritarian government in the world) Great Again at the expense of America and its … Continue reading →

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Record Income Inequality + Trade War = Another Recession?

Posted on June 11, 2018 by Popular Economics Weekly

Popular Economics Weekly Graph: BigTrends.com The Smoot-Hawley Tariff Act, so called, was imposed in 1930 when the Hoover administration raised tariffs on 20,000 foreign, mostly agricultural, imports in an attempt to protect American farmers as we were entering the Great … Continue reading →

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JOLTS Report Suggests Workers Holding Out for Higher Pay

Posted on June 8, 2018 by Popular Economics Weekly

Financial FAQs Graph: Econoday “For the first time in nearly 20 years of existing records, the number of job openings, at 6.698 million in April, is exceeding the number of unemployed actively looking for work, at 6.346 million in April … Continue reading →

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Strong May Employment, But Future Uncertain

Posted on June 1, 2018 by Popular Economics Weekly

Popular Economics Weekly Graph: Marketwatch The unemployment rate edged down to 3.8 percent in May, and the number of unemployed persons declined to 6.1 million, reported the Bureau of Labor Statistics this morning. Over the year, the unemployment rate was … Continue reading →

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What Happened to Robin Hood?

Posted on May 28, 2018 by Popular Economics Weekly

Popular Economics Weekly Graph: Mother Jones The Brits in particular must be wondering what happened to Robin Hood, the legendary champion of the poor, who robbed the rich to give to the poor during medieval times when nobles ruled their … Continue reading →

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The Price of Incompetence

Posted on May 28, 2018 by Popular Economics Weekly

Popular Economics Weekly Graph: Tax Policy Center Bullying doesn’t win negotiations, or much else for that matter. Now we have President Trump’s on-again, off-again summit meeting with North Korea after attempting to bully the N. Koreans into giving up their … Continue reading →

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Our ‘Drip-Down’ Economy

Posted on May 10, 2018 by Popular Economics Weekly

Popular Economics Weekly Graph: Marketwatch The results are already in on the current administrations tax and economic policies. They are carrying Ronald Reagan’s trickle-down economy to an even lower level. Let’s call it the ‘Drip-Down Economy’, since none of the … Continue reading →

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When is the Next Recession?

Posted on May 2, 2018 by Popular Economics Weekly

Financial FAQs Graph: TradingEconomics.com We are nearing the end of the second-longest growth cycle since the Clinton era’s 10-year 1991-2001 boom years; because once again a huge amount of debt has accumulated that ultimately has to be paid for. Are … Continue reading →

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Good Initial Q1 GDP Growth

Posted on April 28, 2018 by Popular Economics Weekly

Popular Economics Weekly Graph: bea.gov Real gross domestic product (GDP) increased at an annual rate of 2.3 percent in the first quarter of 2018, according to the “advance” estimate released by the Bureau of Economic Analysis. In the fourth quarter, … Continue reading →

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