Category Archives: Uncategorized

Why Do We Need Wars for Great Recoveries?

Posted on October 16, 2014 by Popular Economics Weekly

Financial FAQs Nobelist Paul Krugman has said history tells us it could take another world war, or similar mobilization effort to put everyone back to work and economic growth to return to historical levels from the Great Recession—even an Alien … Continue reading →

Posted in Uncategorized | Tagged Bloomberg Businessweek, climate change, Ebola virus, Global warming, Great Depression, Great Recession, GW Bush presidency, Home Owners Loan Corporation, Hurricane Katrina, Hurricane Sandy, ISIS, Joseph Stiglitz, New Deal, Paul Krugman, President Obama, World Bank | Leave a comment

Minimum Wages vs. Maximum Profits?

Posted on September 12, 2014 by Popular Economics Weekly

Financial FAQs Corporate profits are at all-time highs, and workers compensation at all-time lows, as fast food workers continue to strike for higher minimum wages. Yet business interests still maintain maximum profits have to be a corporation’s primary consideration. In … Continue reading →

Posted in Uncategorized | Tagged Australian minimum wage, corporate profits, EPI, Great Depression, Great Divergence, Great Recession, Harvard Business School, infrastructure spending, Joseph Stiglitz, Labor laws, labor markets, labor productivity, minimum wage, unemployment | Leave a comment

Government Wasn’t the Problem

Posted on September 10, 2014 by Popular Economics Weekly

Popular Economics Weekly If the latest unemployment report tells us anything, it is that government isn’t the problem that has caused the weak U.S. recovery, but a private sector that is focused solely on maximizing profits for their investors and … Continue reading →

Posted in Uncategorized | Tagged ARRA, corporate profits, euro zone, non-farm payroll employment, stimulus plan, unemployment, unemployment rate, unemployment report | Leave a comment

Why Slow Recovery–It’s Housing, Stupid

Posted on July 2, 2014 by Popular Economics Weekly

Popular Economics Weekly Dean Baker, a noted economist with the Center for Economic Policy and Research (NEPR), has probably given the best and most understandable reason for the Great Recession and ultra-slow recovery—it’s the lousy housing market. The economy is … Continue reading →

Posted in Uncategorized | Leave a comment

T Piketty and Capital Beyond the 21st Century

Posted on May 26, 2014 by Popular Economics Weekly

Popular Economics Weekly Thomas Piketty’s Capital in the 21st Century is about more than proving that excessive income and wealth inequality has been the norm over centuries by so-called free market capitalism, or its social democratic versions in Europe. It’s … Continue reading →

Posted in Economy, Macro Economics, Uncategorized, Weekly Financial News | Tagged capitalism, CEO salaries, CIA Factbook, Income inequality, Richard Wilkinson, Robert Shiller, The Spirit Level, thomas piketty | Leave a comment

Housing Construction Continues Increase

Posted on January 20, 2014 by Popular Economics Weekly

The Mortgage Corner Residential investment and housing starts are usually the best leading indicator for economy, and they show continued growth. This isn’t the only leading indicator, but it suggests the economy will continue to grow over the next couple … Continue reading →

Posted in Uncategorized | Tagged Housing, housing completions, housing construction, housing inventories, mortgage applications, mortgage rates | Leave a comment

Will 2014 Be a Janet Yellen Rally?

Posted on January 14, 2014 by Popular Economics Weekly

Popular Economics Weekly Consumer spending and future economic growth will depend on just how hard New Fed Governor Janet Yellen pushes the Federal Reserve Governors to maintain QE3 in 2014. She is a UC Berkeley economist interested more in creating … Continue reading →

Posted in Uncategorized | Tagged consumer confidence, consumer credit, Consumer sentiment, consumer spending, Federal Reserve, Janet Yellen, QE3 | Leave a comment

Deflation is the Danger

Posted on September 13, 2013 by Popular Economics Weekly

Financial FAQs The Federal Reserve is about to announce their decision on when to begin tapering their purchases of securities at next Tuesday’s FOMC meeting. Among other issues is whether there is any danger of future inflation from continuing the $85 … Continue reading →

Posted in Uncategorized | Tagged construction spending, Consumer sentiment, Federal Reserve, FOMC, inflation, inflation rate, PCE Price Index, personal income | Leave a comment

Whither Mortgage Rates?

Posted on June 22, 2013 by Popular Economics Weekly

The Mortgage Corner Ok, the fats in the fire now with the Fed saying it will begin to taper its QE3 purchases that have been holding down mortgage rates by the end of 2013. Rates have been surging since then. … Continue reading →

Posted in Uncategorized | Tagged existing-home inentory, existing-home sales. new-home sales, Fannie Mae, Fed Chairman Ben Bernanke, Federal Reserve QE3, Freddie Mac, interest rates, mortgage rates, Richard Bove | Leave a comment

Housing Prices Rise as Foreclosure Rates Fall

Posted on June 4, 2013 by Popular Economics Weekly

The Mortgage Corner Home prices are continuing to rise, in part because foreclosure rates continue to fall. Fannie Mae reported that the Single-Family Serious Delinquency rate declined in April to 2.93 percent from 3.02 percent in March. The serious delinquency … Continue reading →

Posted in Uncategorized | Tagged distressed sales, Fannie Mae, foreclosure activity, foreclosure rate, Freddie Mac, housing inventories, housing prices, mortgage delinquencies, mortgage foreclosures | Leave a comment

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