Tag Archives: economics

Another ‘Roaring Twenties’?

Posted on October 30, 2024 by Popular Economics Weekly

Financial FAQs BEA.gov The advance estimate of BEA third quarter U.S. economic growth was 2.8 percent, slightly less than the 3 percent growth in Q2 but is showing few signs the post-pandemic recovery has slowed. It has defied the odds … Continue reading →

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Why Does Bidenomics Work?

Posted on October 29, 2024 by Popular Economics Weekly

Financial FAQs FREDrealgdp Elon Musk told a cheering crowd at Sunday’s MAGA rally in New York that if Donald Trump puts him in charge of government efficiency, as planned, he can cut “at least $2 trillion” from the current federal … Continue reading →

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Bidenomics Is Working!

Posted on October 18, 2024 by Popular Economics Weekly

Financial FAQs Brad Delong Why are Republicans denigrating Biodenomics, the economic policies passed by a bipartisan congress since 2021 that is causing 3 percent GDP growth and 4.0 percent unemployment, with 8 million job vacancies looking for workers, and inflation back … 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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US Growth Full Speed Ahead?

Posted on September 26, 2024 by Popular Economics Weekly

Popular Economics Weekly Any signs of a recession are declining. The U.S. economy is picking up speed in the BEA’s third and final revision of second quarter GDP growth. The U.S. economy has held the 3.0 percent growth rate, mostly due to strong consumer … Continue reading →

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Who Killed America’s Middle Class?

Posted on September 10, 2024 by Popular Economics Weekly

Financial FAQs A report from the Pew Research Center found that, for the first time since the 1970s, families defined as “middle income” are in a minority in the US – squeezed from both ends by an enlarged poverty-stricken group … Continue reading →

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Let’s Make America More Equal Again!–Part 2

Posted on August 1, 2024 by Popular Economics Weekly

Answering Kennedy’s Call Piketty-Saez Why did our income inequality begin to worsen in 1980, as can be seen from the above graph? The Arab-OPEC oil embargo of 1973 was the first indication that Big Business under the newly created Business … Continue reading →

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Plenty of Available Jobs!

Posted on July 31, 2024 by Popular Economics Weekly

Financial FAQs As a precursor to July’s unemployment report, the Labor Department’s JOLTS report that measures the number of job openings—jobs waiting to be filled—has just come out. The number of openings is still the highest in decades, per the … Continue reading →

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Make America More Equal Again!

Posted on July 30, 2024 by Popular Economics Weekly

Answering Kennedy’s Call Piketty-Saez I have a suggestion for a campaign motto I first wrote about in a 2017 Huffington Post piece that could give a boost to VP Harris’s presidential campaign. Instead of Trump’s slogan, “Make America Great Again.” … Continue reading →

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Much Improved Q2 Economic Growth

Posted on July 25, 2024 by Popular Economics Weekly

Financial FAQs Today’s second quarter Gross Domestic Product (GDP) grew 2.8 percent, double first quarter’s 1.4 percent, which will give a huge boost to confidence that no recession is imminent, but also enough ammunition for the inflation hawks that say … Continue reading →

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