Tag Archives: economics

Bidenomics Cause of Recovery

Financial FAQs “Real gross domestic product (GDP) increased at an annual rate of 3.1 percent in the third quarter of 2024, according to the “third” estimate. In the second quarter, real GDP increased 3.0 percent. The increase in the third … Continue reading

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Higher Economic Growth Ahead?

Popular Economics Weekly The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2024 is 3.3 percent on December 9, unchanged from December 5 after rounding. After recent releases from the US Census Bureau and … Continue reading

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Was Inflation the Problem?

Popular Economics Weekly “The West Wing may believe Bidenomics is working because the macroeconomic gurus at the Federal Reserve are telling the White House it’s working. But Bidenomics has failed to create sufficient tangible improvement in the lives of most … Continue reading

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Why Another Gilded Age?

Financial FAQs “I remember ’29 very well … the drugged and happy faces of people who built paper fortunes on stocks they couldn’t possibly have paid for. … In our little town bank presidents and track workers rushed to pay … Continue reading

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Job Market Still Booming

Popular Economics Weekly Total nonfarm payroll employment rose by 227,000 in November, and the unemployment rate changed little at 4.2 percent, the U.S. Bureau of Labor Statisticsreported today. Employment trended up in health care, leisure and hospitality, government, and social … Continue reading

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Will Job Market Recover?

The Mortgage Corner The number of job openings was little changed at 7.7 million on the last business day of October, the U.S. Bureau of Labor Statistics reported today. Over the month, hires changed little at 5.3 million. The number … Continue reading

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How Do We Fix Inflation?

Financial FAQs I said last week that: “Many of us remember when a gallon of gas was less the $2, or a quart of milk less than $1, or housing was last affordable in the 1970s. I remember the inflation … Continue reading

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Why the Inflation Problem?

Financial FAQs Most of us remember when a gallon of gas was less the $2, or a quart of milk less than $1, or housing was last affordable in the 1970s. I remember the inflation surges in housing. What happened? … Continue reading

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Inflation Is Not the Problem

Financial FAQs Inflation is close to its long-term 2 percent range, so the Federal Reserve has accomplished its goal of stabilizing prices. Yet the election results show that rising prices since the COVID-19 pandemic most panicked voters; even more than … Continue reading

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The Harris Presidency

ANSWERING KENNEDY’S CALL What would it mean for Kamala Harris to be our first female President? It’s a historical turning point that will affirm women have finally attained equal political rights to men, and American citizens confirm they want greater … Continue reading

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