Tag Archives: budget deficit

How To Lower That Household Debt?

Financial FAQs Here is the underlying reason our economy isn’t growing faster, hence creating more jobs. Household debt hasn’t even declined to early 2000 levels, mainly because household incomes haven’t risen above 2000 levels, after inflation is factored in. Mortgage … Continue reading

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Why Is QE3 So Important For Housing?

The Mortgage Corner Alas, it does look like the Fed’s Governors are about to slow down the $85 Billion in monthly purchases of Treasury Bonds and Mortgage Backed Securities that have been holding down long term interest rates since last … Continue reading

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Ryan’s 19th Century Budget Plan

Financial FAQs Republican Paul Ryan’s 2011 budget plan is being trotted out by House Republicans once again. In spite of the sequester cuts and a declining budget deficit, Ryan wants to create even more economic austerity. Representative Ryan and House … Continue reading

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When Is Federal Debt Not a Burden?

Financial FAQs The sequester advocates have gotten their way. The March 1 deadline has passed to reach an agreement to alter the across the board spending cuts and so governments will begin the draconian job cuts that will certainly slow … Continue reading

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The Sequester Dilemma—How Much Is Too Much Austerity?

Financial FAQs Come March 1, we will begin to see how much damage the sequester agreement causes. A recent CNBC column by Larry Kudlow illustrates both the misconceptions and reason for the gridlock on avoiding across-the-board spending cuts of some … Continue reading

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State of the Union—Why So Few New Jobs?

Popular Economics Weekly President Obama’s State of the Union address was all about jobs. So why have so few been created since the Great Recession? Federal Reserve Vice Chair Janet Yellen gave a recent speech entitled: A Painfully Slow Recovery … Continue reading

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2013 U.S. Economy Finally In Recovery

Popular Economics Weekly With tax rates returning to more normal levels from the rollback of Bush era tax cuts, and Republicans giving up on denying debt ceiling increases until April that would force more cuts in government spending, there seem … Continue reading

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U.S. Economy Is In Recovery

Popular Economics Weekly I mentioned last week that the U.S. economy is now growing faster than the rest of the developed world. How can that be, you say, with all the election propaganda saying the recovery has been a failure?  … Continue reading

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Ryan Budget Punishes the Poorest—A Return to ‘Les Miserables’?

Popular Economics Weekly We know Victor Hugo’s message is alive and well when Paul Ryan’s latest budget proposal continues to punish the poorest for the sins of the wealthiest who caused the Great Recession, and have yet to be punished. … Continue reading

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2012 Election—The Propaganda Campaign Begins

Financial FAQs Now that Mitt Romney seems to have sewed up the Republican delegates needed for his Presidential candidacy, the war for the Hearts and Minds of Americans begins in earnest. And we can trust that the Lee Atwater—Karl Rove … Continue reading

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