Category Archives: Politics

What Are Economic Lessons From ‘The Martian’?

Posted on November 9, 2015 by Popular Economics Weekly

Financial FAQs What can we learn from The Martian, a terrific novel and movie starring Matt Damon as an Astronaut in the not too distant future thought dead and left behind on Mars during a violent dust storm? It was … Continue reading →

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An End to Austerity?

Posted on November 9, 2015 by Popular Economics Weekly

Financial FAQs On November 5, 2015, the U.S. House of Representatives passed the bipartisan Surface Transportation Reauthorization and Reform Act, a new multi-year transportation authorization bill, by a vote of 363-64. It will refund the Highway Trust Fund, among other … Continue reading →

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Huge October Employment Report Will Boost Growth

Posted on November 6, 2015 by Popular Economics Weekly

Popular Economics Weekly The economy generated 271,000 new jobs last month, with all but 3,000 coming in the private sector, the government said Friday, topping expectations for 190,000 to 240,000 jobs predicted by various economists. Even bigger news is that … Continue reading →

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How We Lost Our Middle Class

Posted on November 5, 2015 by Popular Economics Weekly

Financial FAQs We now have an even better reason to lament the decline of our middle class. New research by this year’s Nobel Prize winner in the Economic Sciences, Princeton Econ Prof Angus Deaton and his wife Anne Case, have … Continue reading →

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The Fed Can’t Raise Interest Rates Soon

Posted on October 28, 2015 by Popular Economics Weekly

The Mortgage Corner Our Federal Reserve won’t be able to raise interest rates at all this year, or maybe even next year, says Marketwatch. Why? Because the EU Central Bank just announced they are increasing their Quantitative Easing program (QE), … Continue reading →

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Why the Q3 Slowdown Predictions?

Posted on October 15, 2015 by Popular Economics Weekly

Financial FAQs The International Monetary Fund and the Federal Reserve have downgraded their estimates of growth in upcoming quarters. The IMF takes the worldwide view, with particular weakness in the emerging markets of Brazil, Nigeria, South Africa and Russia., and … Continue reading →

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When Will Fed Raise Interest Rates?

Posted on October 12, 2015 by Popular Economics Weekly

The Mortgage Corner It has been puzzling many major economists, including Nobelist Paul Krugman, Obama advisor Larry Summers, and Minneapolis Fed Chair Narayan Kacherlakota, why Janet Yellen’s Fed is still talking about raising interest rates when current inflation numbers are … Continue reading →

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“Australia Is Not Like US”

Posted on October 9, 2015 by Popular Economics Weekly

Popular Economics Weekly “Australia is not like the U.S.” said commentator Michael Pascoe in the Sydney Morning Herald in response to President Obama’s remarks on the Umpqua Community College killings by a deranged killer, whose mother kept at least 7 … Continue reading →

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Single Payer “Universal” Health Plans, versus What?

Posted on October 1, 2015 by Popular Economics Weekly

Financial FAQs We are in Australia, and my wife just paid for a General Practitioner’s visit to examine possibly dangerous sun damage to her skin. The Doctor’s examination cost her $37 Australian, and the topical medication just $10Au. So what … Continue reading →

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Q2 Economic Growth Gangbusters, But Q3?

Posted on September 27, 2015 by Popular Economics Weekly

Popular Economics Weekly In spite of all those predictions that GDP growth would exceed 3 percent for the rest of the year and into 2016, the latest factory orders and inflation indicators show a slowdown in Q3 from Q2’s gangbusters … Continue reading →

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