Category Archives: Politics

Homeland Security Obeys Court Order to lift Trump Travel Ban

Posted on February 4, 2017 by Popular Economics Weekly

Popular Economics Weekly It is a well-known fact that the US has had a history of labor shortages, dating from the Revolutionary War. Colonial America was defined by a severe labor shortage that employed forms of unfree labor such as … Continue reading →

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A Yuge Jobs Gain Today

Posted on February 3, 2017 by Popular Economics Weekly

Popular Economics Weekly The U.S. created 227,000 new jobs in January to mark the largest gain in four months, revealing an economy that has plenty of stamina nearly eight years into a recovery that shows little sign of ending. Retailers, … Continue reading →

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Q4 GDP Slightly Lower—How About 2017?

Posted on January 30, 2017 by Popular Economics Weekly

Financial FAQs Fourth quarter Gross Domestic Product growth slowed, mostly because of the strong dollar and weak foreign demand. But consumers held up their end with higher consumer sentiments, and businesses also began to invest in new plants and equipment … Continue reading →

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President Trump’s Bully Mentality

Posted on January 26, 2017 by Popular Economics Weekly

Popular Economics Weekly President Trump’s first days in office were alarming for several reasons. He immediately began attacking the press, while intentionally stating falsehoods such as he would have won the popular vote, but for “3 to 5 million” fraudulent … Continue reading →

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Has Inflation Returned?

Posted on January 23, 2017 by Popular Economics Weekly

Financial FAQs Inflation is here! says Econoday, per last week’s CPI report; at 2.1 percent for total consumer prices (columns in graph) and 2.2 percent for the core rate (red line). Two percent is generally considered the target rate for … Continue reading →

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Strong Retail Sales, Job Growth in 2017?

Posted on January 19, 2017 by Popular Economics Weekly

Financial FAQs The prospects for 2017 growth are confusing, to say the least. For instance, will Prez-Elect Trump initiate multiple trade wars by pushing through tariffs on foreign imports to bring manufacturing jobs home to the U.S.? And/or will this … Continue reading →

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Who Killed Our Middle Class?

Posted on January 17, 2017 by Popular Economics Weekly

Popular Economics Weekly It’s becoming clear that our Middle Class—the midsection of U.S. earners and consumers—has shrunk alarmingly. And this is the main reason for the political polarization today that in the words of journalist Christopher Hedges, has driven the … Continue reading →

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Why The Years of Slow Growth?

Posted on January 4, 2017 by Popular Economics Weekly

Popular Economics Weekly Pundits have decried it. Donald Trump has criticized the ‘lousy’ U.S. economy in many of his Tweets, and economists have lamented the 2.4 percent GDP growth rate since 2000, at the time of the dot-com bubble bust. … Continue reading →

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New-Home Sales, Confidence Also At New Highs

Posted on December 27, 2016 by Popular Economics Weekly

The Mortgage Corner The Commerce Department on Friday said new home sales increased 5.2 percent to a seasonally adjusted annual rate of 592,000 units last month. That was the second highest pace since 2007, said the NAHB. Economists had forecast … Continue reading →

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New-Home Sales, Confidence Also At New Highs

Posted on December 27, 2016 by Popular Economics Weekly

The Mortgage Corner Just as existing-home sales are at their cyclical highs, the Commerce Department on Friday said new home sales increased 5.2 percent to a seasonally adjusted annual rate of 592,000 units last month. That was the second highest … Continue reading →

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