Category Archives: Weekly Financial News

A ‘New’ New Deal

Posted on January 20, 2021 by Popular Economics Weekly

Popular Economics Weekly FREDgdpgrowth Even before his inauguration, the Biden administration announced its ‘new deal’ for a new administration doing government’s business as we recover from the worst recession since the Great Depression of the 1930s.  Yes, this is the … Continue reading →

Posted in COVID-19, Economy, Keynesian economics, Politics, Weekly Financial News | Leave a comment

Economy Has Room to Expand

Posted on January 14, 2021 by Popular Economics Weekly

Financial FAQs Calculated Risk The latest Job Openings and Labor Turnover Survey (JOLTS) report showed that small businesses are hurting the most during this pandemic with even outdoor dining banned in some regions, such as Southern California, while new hires … Continue reading →

Posted in COVID-19, Economy, Keynesian economics, Politics, Weekly Financial News | Leave a comment

Job Losses Mount From COVID-19

Posted on January 11, 2021 by Popular Economics Weekly

Popular Economics Weekly MarketWatch Total nonfarm payroll employment declined by 140,000 in December, and the unemployment rate was unchanged at 6.7 percent, the U.S. Bureau of Labor Statistics reported today. “The decline in payroll employment reflects the recent increase in … Continue reading →

Posted in Consumers, COVID-19, Economy, Keynesian economics, Politics, Weekly Financial News | Leave a comment

Finding a Path to Greater Equality

Posted on January 8, 2021 by Popular Economics Weekly

Popular Economics Weekly CenterforEquitableGrowth Economic theory is finally catching up to political theory in showing policymakers how to right the record income inequality—worst in the developed world—that has plagued working Americans since the 1970s. It is about time when we … Continue reading →

Posted in COVID-19, Keynesian economics, Politics, Weekly Financial News | Leave a comment

Finding the Path to Greater Prosperity!

Posted on January 7, 2021 by Popular Economics Weekly

Popular Economics Weekly CenterforEquitableGrowth Economic theory is finally catching up to political theory by showing policymakers how to right the record income inequality—worst in the developed world—that has plagued working Americans since the 1970s. It is about time when we … Continue reading →

Posted in Economy, Keynesian economics, Politics, Weekly Financial News | Leave a comment

Deaths of Despair, Part II—The Wall of Ignorance

Posted on January 5, 2021 by Popular Economics Weekly

Answering the Kennedys’ Call NBER.org Something can be done about the “Deaths of Despair” among the non-college educated white males that Anne Case and Angus Deaton have been writing about that I discussed in Deaths of Despair, Part I, and … Continue reading →

Posted in Consumers, Economy, Politics, Weekly Financial News | Leave a comment

The Rising Deaths of Despair Amid COVID-19

Posted on January 2, 2021 by Popular Economics Weekly

Financial FAQs ProjectSyndicate Evidence is beginning to mount that the Trump administrations half-hearted response to the COVID-19 pandemic was intentional. And we are seeing the results in mounting suicide and drug abuse rates among the populace most affected—the lesser educated—according … Continue reading →

Posted in Economy, Politics, Weekly Financial News | Leave a comment

Recovery Slows As Pandemic Surges

Posted on December 21, 2020 by Popular Economics Weekly

Financial FAQs ChicagoFed This Chicago Federal Reserve graph of national activity starkly portrays the present state of the US economy. The multi-colored bar represents deviations from the historical growth average, which is the zero line on graph. It is still … Continue reading →

Posted in Consumers, Economy, Politics, Weekly Financial News | Leave a comment

Retail Sales, Consumer Spending Falter

Posted on December 16, 2020 by Popular Economics Weekly

Financial FAQs FREDretailsales Sales at U.S. retailers fell in November for the second month in a row and posted the biggest decline since the onset of the pandemic, showing effects of the record rise in coronavirus cases. Retail sales fell … Continue reading →

Posted in Consumers, Economy, Weekly Financial News | Leave a comment

The Path to Economic Recovery—Part II

Posted on December 11, 2020 by Popular Economics Weekly

Financial FAQs Calculated Risk As I said in Part I of this series, there is a path to economic recovery from the worst recession since the Great Recession. Firstly, it means studying what economic policies have worked in past recoveries. … Continue reading →

Posted in Consumers, Economy, Keynesian economics, Politics, Weekly Financial News | Leave a comment