Category Archives: Politics

Dear Fed—Please Don’t Raise Interest Rates Again!

Posted on December 5, 2017 by Popular Economics Weekly

Popular Economics Weekly The Federal Reserve FOMC meeting this week is expected to conclude with another 0.25 percent rate hike; but it’s happening at the wrong time.  This is the rate that controls credit card interest and the Prime Lending … Continue reading →

Posted in Consumers, Economy, Keynesian economics, Politics, Weekly Financial News | Tagged , , , | Leave a comment

Q3 Economic Growth Jumps to 3.3% (Revised)

Posted on November 30, 2017 by Popular Economics Weekly

Popular Economics Weekly It looks like the U.S. economy is charging ahead for the next few quarters, as Q3 Gross Domestic Product was revised from 3 percent to a 3.3 percent growth rate, due to higher exports and capital expenditures. … Continue reading →

Posted in Consumers, Economy, Keynesian economics, Macro Economics, Politics, Weekly Financial News | Tagged , , , | Leave a comment

The Irrelevance of President Trump

Posted on November 16, 2017 by Popular Economics Weekly

Popular Economics Weekly It’s sad for America that the President of the United States has become irrelevant to most of the problems facing Americans and the world. But it’s heartening as well, because in choosing to return to a 1950’s … Continue reading →

Posted in Economy, Macro Economics, Politics, Weekly Financial News | Tagged , , , | Leave a comment

Tax Reform—Who Needs It?

Posted on November 10, 2017 by Popular Economics Weekly

Financial FAQs Firstly, we know this isn’t real tax reform when the respective Senate and House bills allow an additional $1.5 trillion in debt added to the existing $20 trillion of national debt. Why, when during prosperous times such as … Continue reading →

Posted in Economy, Keynesian economics, Macro Economics, Politics, Weekly Financial News | Tagged , , , | Leave a comment

Increasing Growth Ahead, But Watch for Bubbles!

Posted on November 1, 2017 by Popular Economics Weekly

Financial FAQs Maybe it’s the natural disasters plaguing U.S. Or the fact businesses haven’t been investing in future growth until now. But the times they are a’changin, as GDP grew 3 percent in Q3 for the second quarter in a … Continue reading →

Posted in Consumers, Economy, Macro Economics, Politics, Weekly Financial News | Tagged , , , | Leave a comment

Who Needs a Tax Cut?

Posted on October 27, 2017 by Popular Economics Weekly

Popular Economics Weekly It turns out very few of us need a tax cut. Marketwatch economist Rex Nutting calculates that those in the 60 percent middle-income brackets—from $32,000 to $140,000 per year—pay just an average 2.5 percent in income taxes. … Continue reading →

Posted in Consumers, Economy, Politics, Weekly Financial News | Tagged , , , , , | Leave a comment

Rising Existing-Home Sales Not Enough

Posted on October 20, 2017 by Popular Economics Weekly

The Mortgage Corner WASHINGTON (October 20, 2017) — After three straight monthly declines, existing-home sales slightly reversed course in September, but ongoing supply shortages and recent hurricanes muted overall activity and caused sales to fall back on an annual basis, … Continue reading →

Posted in Consumers, Economy, Housing, housing market, Politics, Weekly Financial News | Tagged , , , , | Leave a comment

Republicans Killing the Housing Market

Posted on October 16, 2017 by Popular Economics Weekly

The Mortgage Corner The Trump administration and Republicans’ anti-immigration policies will kill the housing market. Why? Trump wants to cut immigration quotas by 50 percent when there aren’t enough qualified workers to fill current job openings. And congress can’t agree … Continue reading →

Posted in Consumers, Economy, Housing, housing market, Politics, Weekly Financial News | Tagged , , , , | Leave a comment

A Poor Employment Report?

Posted on October 10, 2017 by Popular Economics Weekly

Popular Economics Weekly What does it mean when 33,000 nonfarm payroll jobs were lost in September? Not much, when many of the losses came from the hurricanes that threw 1.5 million out of work, according to Marketwatch’s Jeff Bartash, and … Continue reading →

Posted in Consumers, Economy, Politics, Weekly Financial News | Tagged , , , , , | Leave a comment

It’s Time For 2018

Posted on October 4, 2017 by Popular Economics Weekly

Financial FAQs We will need the 2018 elections now more than ever to vote out the greed and cowardice of those members of our national legislature who oppose all forms of gun control in the wake of the Las Vegas … Continue reading →

Posted in Politics, Uncategorized | Tagged , , , , , | Leave a comment