Category Archives: Uncategorized

Booming Home Sales Create Housing Shortage

The Mortgage Corner Booming Realtors’ existing-home sales are showing there is a very severe housing shortage with record sales and a record low housing inventory. Santa Barbara Realtor Jim Witmer said the demand for Santa Barbara homes is huge and … Continue reading

Posted in Uncategorized | Leave a comment

Is the Age of Narcissism About to End?

Answering the Kennedys’ Call Are we nearing the end of what historians and psychologists have called the Age of Narcissism, an era that has spawned populist governments and closed borders, the breakup of traditional families and communities, and the election … Continue reading

Posted in Economy, Politics, Uncategorized | Tagged , , , | 1 Comment

Unemployment Declines, Modest Hiring

Popular Economics Weekly MarketWatch The economy regained 661,000 jobs in September and the unemployment rate fell for the fifth month in a row to 7.9 percent, the government said Friday. It’s the smallest advance since a recovery began in May, with August … Continue reading

Posted in Uncategorized | Tagged , , | Leave a comment

The Costs of an Extended Covid-19 Pandemic

Popular Economics Weekly COVID Tracking Project I have been asked many times about my thoughts on the direction of our fall and winter economies, but been hesitant to give specific answers because firstly, it depends on the November election. Republican … Continue reading

Posted in Economy, Politics, Uncategorized | Leave a comment

Will We Repeat the Spanish Influenza Pandemic?

Answering the Kennedys’ Call Early in Bob Woodward’s just released best-seller, Rage, President Trump said he knew by February that COVID-19 could act much like the Spanish influenza pandemic of 1918-19. It was estimated to have killed 675,000 Americans and … Continue reading

Posted in Economy, Politics, Uncategorized | Tagged , | Leave a comment

Who Owns America?

Financial FAQs seekingalpha.com Kurt Andersen’s new best seller, Evil Geniuses, The Unmaking of America (2020, Random House), gives a terrific history of the current Gilded Age we are suffering through that has largely benefited Big Business and its enablers. Just … Continue reading

Posted in Uncategorized | Tagged | Leave a comment

What is This Election Really About?

Answering the Kennedys’ Call #eisenhower Now is the time to cure our record income and wealth inequality, since it’s not only adversely affecting the most vulnerable during this pandemic—including our mostly low-income essential health care and public safety workers—but overall … Continue reading

Posted in Economy, Keynesian economics, Politics, Uncategorized | Tagged , , , | Leave a comment

Our ‘Whac-A-Mole’ Recovery

Financial FAQs FREDinitialclaims Initial jobless claim for the week ending were slightly up at 1,416,000 for the week ending July 18, which means that the reversals of business openings as COVID-19 infection rates soar again have flattened the wrong curve—applications … Continue reading

Posted in Consumers, Economy, Politics, Uncategorized | Tagged , , , | Leave a comment

Who Says There’s No Leadership?

Answering the Kennedys’ Call http://www.nippon.com Critics of the Trump administration and its Republican Party enablers have it exactly backward when they say the federal government isn’t leading the effort to control the novel coronavirus pandemic. They have in fact been … Continue reading

Posted in Politics, Uncategorized | Tagged , , , , , | Leave a comment

Who Says There’s No Leadership?

Answering the Kennedys’ Call http://www.nippon.com Critics of the Trump administration and its Republican Party enablers have it exactly backward when they say the federal government isn’t leading the effort to control the novel coronavirus pandemic. They have in fact been … Continue reading

Posted in Uncategorized | Tagged , , , , , | Leave a comment