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Category Archives: Uncategorized
Why Our Declining Safety Net?
Popular Economics Weekly Why are the fears of a declining social safety net for social security and Medicare increasing? Barron’s Gene Epstein recently warned of dire consequences for future generations as some 78 million baby boomers begin to retire. . … Continue reading
Builder Confidence Soars in 2012
The Mortgage Corner WASHINGTON (MarketWatch) — Home builder confidence in the market for new single-family homes climbed in February for the fifth straight month to reach the highest level in more than four years, said a Marketwatch headline. And there … Continue reading
Government Has to Work—or Else
Financial FAQs We can no longer afford to listen to those conservatives who believe government is the problem, since there is no viable recovery from the worst recession since the Great Depression without government investment in sectors that will grow … Continue reading
Greater Equality = Greater Democracy
Financial FAQs A recent Gallup poll said 82 percent of respondents thought economic growth “extremely”, or “very” important, while just 46 percent said reducing the income and wealth gap between rich and poor was extremely or very important. Yet there … Continue reading
Posted in Consumers, Economy, Uncategorized
Tagged Arthur Okun, Gallup poll, Income inequality, Kate Pickett, Paul Krugman, Richard Wilkinson
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More Jobs in 2011!
Popular Economics Weekly The jobs market is in full recovery mode this spring. March seems to be the month when shoppers begin to shop in earnest and employers are hiring again. Both the service and manufacturing sectors of the economy … Continue reading
The Jobs Are Coming
Popular Economics Weekly The August unemployment report supported both sides of the stimulus debate. Democrats said it showed more stimulus was needed, while Republicans said employers were holding back because of too much government—too many regulations and a soaring deficit … Continue reading
Posted in Uncategorized, Weekly Financial News
Tagged labor productivity, Robert Reich, unemployment report
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When Will Real Estate Recover?
The Mortgage Corner Ah, that is the $64,000 question we have been asking since 2008, when housing imploded. Where are conditions improving, if anywhere? The Fed announced it would continue to hold down interest rates, and loan modifications are helping … Continue reading
Beware of Extraordinary Times
Popular Economics Weekly Yes, Beware of Extraordinary Times is a much used saying these days. It also applies to the extraordinary polarization of ideas in the economics profession at present. This is an election year, of course, which has distorted … Continue reading
The Debt Fallacy
Financial FAQs The European debt crisis has re-triggered the debate over budget deficits, and even whether Europe’s problems could trigger a ‘double-dip’ return to recession in our own economy. The contention is that Europe will be burdened with debt for … Continue reading
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