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Categories
Meta
Tag Archives: austerity policies
Who Is Going to Mars?
Answering Kennedy’s Call “There is nobody in this country who got rich on their own. Nobody. You built a factory out there – good for you. But I want to be clear. You moved your goods to market on roads … Continue reading
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
The Clinton Growth Presidency
Popular Economics Weekly It’s remarkable. Donald Trump chose Detroit to make his economic speech, where he accused the Clintons of causing Detroit’s employment problems with their trade policies. Is he kidding? The Detroit Big Three automakers didn’t lose jobs because … Continue reading
Why Did Brexit Happen?
Popular Economics Weekly The shortest answer is the Great Recession and austerity policies of EU policymakers. The result will be a Lessor, or Little Britain, which was inevitable given the austerity policies greatholding sway in the EU. What austerity policies? … Continue reading
An End to Austerity—Part II
Financial FAQs The Senate voted on Tuesday to start talks with the House about a compromise highway funding measure. Lawmakers are facing a Nov. 20 deadline for renewing federal infrastructure funding. Both chambers have passed bills that would guarantee at … Continue reading
Don’t Count On Inflation Moving Federal Reserve
Popular Economics Weekly The Federal Reserve didn’t raise interest rates today at the close of their FOMC meeting. In fact the 9-1 vote against raising rates wasn’t even close. So don’t count on inflation to save the day for the … Continue reading
Posted in Consumers, Economy, Politics, Weekly Financial News
Tagged austerity policies, CEO salaries, CPI, euro zone, Federal Reserve, inflation rate
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Greece’s Great Depression
Financial FAQs This may seem facetious some 6 years into recovery, but many policy makers don’t seem to understand the severity of the Great Recession, or its consequences. It is the major reason why Greece, and many other Eurozone countries … Continue reading
What Would Save the Euro?
Popular Economics Weekly Now that Greece has voted NO on the latest European Commission-European Central Bank-IMF proposal (the so-called troika), will Greece stay in the Eurozone? If so, Greece may save the euro. Why is this choice even necessary when … Continue reading
A Lousy Jobs Report?
Popular Economics Weekly At first glance it looks like a lousy jobs report. It’s true the labor market has softened in several aspects. Payroll jobs increased just 126,000 in March after increases of 264,000 in February and 201,000 in January. … Continue reading
Enslavement of the Middle Class
Financial FAQs It is becoming obvious that the American middle class (topic dujour among presidential candidates these days) has been enslaved by an ideology that only benefits the wealthiest among US. It is an ideology of austerity that has prevailed … Continue reading