Tag Archives: budget deficits

Republicans Don’t Pay Their Bills

Posted on April 1, 2025 by Popular Economics Weekly

Financial FAQs “The new law will reduce federal revenues by significant amounts, even after allowing for the impact on economic growth. It will make the distribution of after-tax income more unequal. If it is not financed with concurrent spending cuts … Continue reading →

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Even More Debt

Posted on December 18, 2024 by Popular Economics Weekly

ANSWERING KENNEDY’S CALL  “In the recent (2020) GOP primary presidential debate, former United Nations Ambassador Nikki Haley claimed that President Trump added $8 trillion to the national debt while Florida Governor Ron DeSantis said that President Trump added $7.8 trillion … Continue reading →

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Why Nations Fail

Posted on October 14, 2024 by Popular Economics Weekly

Popular Economics Weekly Amazon The Nobel memorial prize in economics was awarded Monday to Daron Acemoglu, Simon Johnson and James A. Robinson for research that explains why societies with poor rule of law and exploitative institutions do not generate sustainable growth, as … Continue reading →

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Why are Consumers Buying Less?

Posted on December 12, 2019 by Popular Economics Weekly

Financial FAQs Wrightson.com President Trump tweeted this morning that U.S. and China were close to a “really big deal”, and stocks rallied with the S&P up as much as 30 points and the DOW 250 points higher in early trading. … Continue reading →

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What Happened to Main Street?

Posted on July 22, 2019 by Popular Economics Weekly

Popular Economics Weekly FRED The main reason we have suffered from historically slow growth and stagnated wages since the Great Recession is in large part due to so-called trickle-down economics, the fallacy that concentrating most of the largess of economic … Continue reading →

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California’s Budget Surplus Leads to Credit Upgrade

Posted on November 14, 2014 by Popular Economics Weekly

Popular Economics Weekly A day after voters passed Proposition 2, which creates a “rainy day fund” to cushion the state budget from future economic downturns, major credit-rating house Standard & Poor’s on Wednesday upgraded California’s general obligation bond rating. S&P … Continue reading →

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