Category Archives: Politics

Three % Plus YoY Economic Growth Is Here

Popular Economics Weekly We are finally back to 3 percent plus GDP growth on an annual basis. And it is largely fueled by consumer spending that has been increasing as more jobs are created. Retail and Food service sales ex-gasoline … Continue reading →

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Greece’s Great Depression

Financial FAQs This may seem facetious some 6 years into recovery, but many policy makers don’t seem to understand the severity of the Great Recession, or its consequences. It is the major reason why Greece, and many other Eurozone countries … Continue reading →

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What Would Save the Euro?

Popular Economics Weekly Now that Greece has voted NO on the latest European Commission-European Central Bank-IMF proposal (the so-called troika), will Greece stay in the Eurozone? If so, Greece may save the euro. Why is this choice even necessary when … Continue reading →

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It’s Time For the 30-hour Week

Popular Economics Weekly Don’t look now, but we should soon have the 30-hour work week as the standard, instead of the 40-hour work week last enshrined during FDR’s New Deal. Why, when Americans now work more hours than any other … Continue reading →

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Housing Beginning to Bloom

The Mortgage Corner Ultra-low interest rates are finally beginning to pay off.  The housing season is beginning to bloom—for first-time homebuyers, in particular. The National Association of Realtors reports total existing-home sales, which are completed transactions that include single-family homes, … Continue reading →

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Friday’s Unemployment Report Was Gangbusters!

Popular Economics Weekly Why start with motor vehicle sales, I said yesterday? Because jobs are created these days only when consumers buy more, and they will only grow their purchases when incomes are rising. So the good news in Friday’s … Continue reading →

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Where’s the Outrage, Mr. President?

Financial FAQs Where’s the outrage, Mr. President, when the New York Times just reported that at least 250 Disney World employees have been discharged, with many forced to train their own foreign replacements that have temporary H-IB work visas? Those … Continue reading →

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Big Surge In Vehicle Sales, Service Sector, ADP Employment

Popular Economics Weekly Why start with motor vehicle sales? “Consumers weren’t holding back in May when it came to buying cars and trucks which sold at a 17.8 million annual rate for a whopping 7.9 percent gain from April,” said … Continue reading →

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Higher Minimum Wage Strengthens Labor Unions

Popular Economics Weekly Unions may have been weakened by Republican efforts to abolish labor’s collective bargaining power, (in order to weaken their support of Democratic Party policies), but that may be changing as unions have found a new cause—working to … Continue reading →

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Dr. Robert Shiller–Why the Weak Recovery?

Popular Economics Weekly Nobelist Robert Shiller, winner of the Nobel for his research in Behavioral Economics, or the psychology that drives economic behavior, has come up with the latest reason this economic recovery has been so weak to date. GDP … Continue reading →

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