Category Archives: Uncategorized

Jobs Report—Not Yet Full Employment

Popular Economics Weekly The unemployment rate rose slightly to 5 percent for the first time since April, the government said Friday, though that was mainly because 444,000 people entered the labor force. There are still too many unemployed, in other … Continue reading

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Trump the Terrible Demagogue

Popular Economics Weekly Many Republicans as well as Democrats are horrified at the possibility of a Trump Presidency. It’s not only because of his blatant racism, which he makes no attempt to hide. Or his complete ignorance of foreign policy. … Continue reading

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Motor Vehicle Sales Boost Retail, Manufacturing

Financial FAQs One of the first hard indications on the September economy is strongly positive as overall unit vehicle sales surged 4.7 percent to a 17.7 million annualized rate. This will boost the vehicle component of the September retail sales … Continue reading

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Why Brexit?

Financial FAQs Brexit, the British vote to exit the European Union, was precipitated by many factors, including Brit’s fear of loss of sovereignty due to the Schengen requirement that it open its borders to citizens of other EU countries.  And … Continue reading

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Who Is the Real Donald Trump?

Popular Economics Weekly It certainly behooves US voters to know the real Donald Trump. Tony Schwartz, ghost writer for Trump’s best-selling “Art of the Deal” has just come forward after 30 years with a ‘tell all’ New Yorker interview based … Continue reading

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The Divided States of America

Financial FAQs It is now becoming obvious that we are not a United States of America. There are many states that restrict voting rights, abortion rights, immigration, even the collective bargaining rights of workers that are no longer able to … Continue reading

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Housing Leads Continuing Recovery

Popular Economics Weekly Harvard economist and GW Bush chief economic advisor Greg Mankiw’s recent New York Times Upshot column attempts to explain why US growth is so slow. “Here is the sad fact,” he says: “Over the last decade, the … Continue reading

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Please Protect US, Mr. President!

Popular Economics Weekly What has happened to our gun laws—especially the assault rifle ban that expired in 2004? Australians had the courage to pass tougher gun regulations—Australia’s Prime Minister in particular, at the time. It takes political courage, in other … Continue reading

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Service Sector Economy Booming

Financial FAQs There was a huge jump in the U.S. service sector economy, our largest sector, some 67 percent of all U.S. economic activity. This is why we keep growing while most other developed and emerging economies aren’t. “The Institute … Continue reading

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Why Such Dismay At Fed Chair Yellen’s Dovish Remarks?

Financial FAQs Janet Yellen gave another speech yesterday, and stocks and bonds rallied. So you would think the pundits would applaud her speech. But, no, with approximately half of the Fed Governors saying they want higher interest rates now, many … Continue reading

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