Category Archives: Politics

Why Did Fed Raise Rates Again?

Popular Economics Weekly U.S. growth cycles have averaged about 8 years since WWII, yet the Federal Reserve just announced they were raising their overnight rate for the third time—to 1.25 percent. It also forecast that the unemployment rate could fall … Continue reading

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What, Too Many Job Openings?

Financial FAQs We are now seeing real evidence of the need for more working adults, if the US economy is to continue to grow. The Labor Department’s Job Openings and Labor Turnover Survey, or JOLTS report, said April job openings … Continue reading

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Republicans About to Make ‘America Last’

Popular Economics Weekly President Trump’s withdrawal from the Paris Accord on climate change is symbolic in more ways than one. In his call to make America first again, he could set us back decades in bringing cleaner air and reducing … Continue reading

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We Have Reached Full Employment!

Financial fAQs The U.S. added a modest 138,000 new jobs in May and hiring earlier in the spring was weaker than initially reported, adding to evidence that the tightest labor market in years is making it harder for companies to … Continue reading

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This is A Goldilocks Economy!

Financial fAQs Economists have debated just what ideal economic growth should be, but the Federal Reserve does it for us. The Fed defines ideal growth as when we are at full employment with moderate inflation, inflation that says an economy … Continue reading

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Has dismantling of American health care system begun?

Financial fAQs We now know that the revised Republican repeal of Obamacare is really intended to dismantle and perhaps destroy any federally-funded health care program, which would return health care coverage to either cash-starved states or private industry; to the … Continue reading

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What Creates Higher Growth?

Popular Economics Weekly Amidst all the talk of Republicans promise to cut regulations and taxes to boost growth, there is one problem. Where are the workers that would boost growth? We are already close to full employment, and in fact … Continue reading

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TrumpCare–The Un-American Health Care Act

Popular Economics Weekly It’s incredible. Why have House Republicans just voted for a health care bill that only does one thing in the words of MIT Professor Jonathan Gruber, primary architect of the Massachusetts single-pay healthcare program and Obamacare? He … Continue reading

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Housing Recovery Still Uneven

Financial FAQs Fresh data from real-estate website Trulia show that just 34.2 percent of homes have returned to the peak levels registered before the onset of the recession in 2008, reports Marketwatch’s Andrea Requier. What’s more, Trulia estimates it could … Continue reading

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Consumer Spending Down, Recession Looms?

Popular Economics Weekly Wow! First-quarter GDP was paltry enough at 0.7 percent but consumer spending was even more paltry, at only 0.3 percent for the most embarrassing annualized pace since 2009. Unemployment is unusually low and consumer confidence unusually high … Continue reading

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