Category Archives: Politics

Baltimore and the Lessons of Inequality

Posted on May 2, 2015 by Popular Economics Weekly

Financial FAQs David Brook’s most recent New York Times Oped talks about the dissolution of social bonds in Baltimore neighborhoods. “Even in poorest Baltimore, there once were informal rules of behavior governing how cops interacted with citizens,” he says in … Continue reading →

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Germany’s Failed Austerity Policies

Posted on April 17, 2015 by Popular Economics Weekly

Financial FAQs One would think by now the debate has been resolved on which economic model created the better recovery for this Great Recession or Lessor Depression, as P Krugman has called it. But no, Germany’s Finance Minister Wolfgang Schauble … Continue reading →

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Expanding Social Security – Decreasing Inequality

Posted on April 16, 2015 by Popular Economics Weekly

Popular Economics Weekly What, you say? We should expand, not shrink, social security benefits in the face of horrendous budget deficits of late? Elizabeth Warren put into the Senate Budget proposal for 2015 an amendment to protect social security, and … Continue reading →

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A Lousy Jobs Report?

Posted on April 3, 2015 by Popular Economics Weekly

Popular Economics Weekly At first glance it looks like a lousy jobs report. It’s true the labor market has softened in several aspects. Payroll jobs increased just 126,000 in March after increases of 264,000 in February and 201,000 in January. … Continue reading →

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Why Doesn’t Government Want Fannie, Freddie to Succeed?

Posted on March 30, 2015 by Popular Economics Weekly

The Mortgage Corner At a time when the housing market is just beginning to recover, the US Treasury wants to close down Fannie Mae and Freddie Mac, the two GSEntities under government conservatorship. Counselor to the Secretary for Housing Finance … Continue reading →

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A Ted Cruz Presidency?

Posted on March 25, 2015 by Popular Economics Weekly

Financial FAQs Texas Senator Ted Cruz is about to announce his candidacy for the 2016 presidential campaign. What would his presidency look like, if he were elected? “Mr. Cruz has also begun championing a message of economic populism,” said the … Continue reading →

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Celebrating Our Great Society

Posted on March 22, 2015 by Popular Economics Weekly

Popular Economics Weekly We are in the midst of celebrating the 50th anniversary of President Johnson’s Great Society, enacted for the most part from 1964-66, perhaps the greatest legislative achievement of any president since FDR and the New Deal. We … Continue reading →

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Good Employment Report for Most

Posted on March 7, 2015 by Popular Economics Weekly

Financial FAQs The stock market plunged on news total nonfarm payroll employment increased by 295,000 in February, and the unemployment rate edged down to 5.5 percent, the U.S. Bureau of Labor Statistics reported today. The DOW fell 279 points, and … Continue reading →

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Governor Scott Walker vs. Education

Posted on March 3, 2015 by Popular Economics Weekly

Financial FAQs It is hard to believe, but prospective presidential candidate Wisconsin Governor Scott Walker’s main platform seems to be his antipathy towards education, and higher education, in particular. He has obfuscated his near hatred of higher education to date … Continue reading →

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Fed Chair Yellen Still Dovish, Economy Still “Sluggish”

Posted on February 27, 2015 by Popular Economics Weekly

Popular Economics Weekly Federal Reserve Chairperson Yellen wants to keep interest rates as low as possible for at least the “next couple of FOMC meetings”, even as there are signs that economic growth is accelerating. This is in the face … Continue reading →

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