Category Archives: Politics

What Happened to Link Between Profits and Productivity?

Popular Economics Weekly What’s the link between profits and productivity, on which economic growth is based? It has broken down of late, so that profits of many businesses and whole business sectors are no longer used to enhance productivity. And … Continue reading

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Middle Class Finally Gets A Raise

Popular Economics Weekly A new rule announced by the Obama administration will, effective December 1, double the overtime-pay salary threshold and set it to automatically increase every three years. It’s about time. The salary of employees has been diminishing since … Continue reading

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Why Too Little Inflation?

Financial FAQs Where’s the inflation? It is barely rising, as consumers still wait for bargains, before they decide to buy. The overall Consumer Price Index in April rose just 1.1 percent, and is up 2.1 percent less food and energy … Continue reading

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Trump’s RICO Trial Date Set

Popular Economics Weekly Trump says he will be the first candidate since 1976 not to release tax returns. Analysts said that Trump likely pushed the envelope to turn ordinary income into capital gains, and deferred the payment of tax through … Continue reading

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Fannie Mae, GSEs, Even More Important

The Mortgage Corner With news that Fannie Mae, one of the GSEs now managed by the Federal Housing Finance Authority (and US Treasury) just showed a $1.1B profit in Q1, but must pass all of it profits to Treasury since … Continue reading

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Bernie’s Economic Platform—Part II

Popular Economics Weekly Bernie Sanders and Donald Trump won their respective Indiana primaries, and we know why. In February air-conditioner manufacturer Carrier, a wing of United Technologies, announced that beginning next year it will move its Indianapolis production to Mexico … Continue reading

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Is Bernie’s Economic Platform Impossible?

Financial FAQs It looks like Hillary Clinton’s nomination as the Democratic candidate is assured, but are Bernie Sander’s economic proposals impossible to achieve, as many mainstream economists maintain? Bernie wants to be able to introduce them into their platform at … Continue reading

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Fed Stays in Accommodative Mode

Popular Economics Weekly It looks like Janet Yellen’s Fed will continue to keep interest rates low this year, based on the latest FOMC press release. This is great news for the housing market, in particular, but not necessarily for consumers … Continue reading

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Why Not More Homes For Sale?

Financial FAQs Many Realtors and economists have been asking this question. Why such a low housing inventory? Total existing-home sales jumped 5.1 percent to a seasonally adjusted annual rate of 5.33 million in March from a downwardly revised 5.07 million … Continue reading

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Who Opposes Overtime Pay Increase?

Financial FAQs That’s a no-brainer—Republicans in Congress, of course. Who else would oppose updating the safeguards against working more than 40 hours without overtime pay, part of the New Deal that President Roosevelt called the most important part of the … Continue reading

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