Category Archives: Politics

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

Guns Kill People—Really!

Posted on October 3, 2017 by Popular Economics Weekly

Popular Economics Weekly “Guns don’t kill people, people kill people” has been the credo of the NRA, gun lobby and most Republicans since the 1980s when gun manufacturers came up with automatic pistols, so that guns could kill more people. … Continue reading →

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

Who Needs a Tax Cut?

Posted on September 29, 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, Keynesian economics, Politics, Weekly Financial News | Tagged , , , , | Leave a comment

Tightening Credit = Bad Economic News (Revised)

Posted on September 27, 2017 by Popular Economics Weekly

Popular Economics Weekly When is the next financial crisis? A Deutsche Bank study predicts it could be sooner than we know, as I said last week. Because the Federal Reserve reiterated its intent to begin to sell off the $4.5 … Continue reading →

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

Bad News for Workers = Bad Economic News!

Posted on September 21, 2017 by Popular Economics Weekly

Popular Economics Weekly Personal incomes have been increasing just 2.5 percent on average for several years. The problem is that’s not adequate GDP growth to pay down the $10 trillion in worldwide debt that’s been issued since 2008 to get … Continue reading →

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

The Art of the Scam

Posted on September 10, 2017 by Popular Economics Weekly

Popular Economics Weekly Did you have that queasy feeling; the ‘sick to your stomach’ feeling, when it was announced that Donald Trump was elected President of the United States?  I did. How could someone so obviously unqualified to be president … Continue reading →

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

Another Decent Employment Report

Posted on September 6, 2017 by Popular Economics Weekly

Financial FAQs The Bureau of Labor Statistics reported that 156,000 additional nonfarm payroll jobs were created in August, which was less than expected, but will be enough to keep markets happy. And the unemployment rate edged up to 4.4 percent … Continue reading →

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

Are Corporate Taxes Too Low?

Posted on August 31, 2017 by Popular Economics Weekly

Financial FAQs As congress now pivots to the debate on tax reform—when and if they can agree on raising the debt ceiling—why is a lower corporate tax rate part of the proposal? The federal budget deficit can’t decline unless congress … Continue reading →

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