Tag Archives: federal debt

Tightening Credit = Bad Economic News (Revised)

Posted on September 27, 2017 by Popular Economics Weekly

Popular Economics Weekly When is the next financial crisis? A Deutsche Bank study predicts it could be sooner than we know, as I said last week. Because the Federal Reserve reiterated its intent to begin to sell off the $4.5 … Continue reading →

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Who’s To Blame For the Great Recession?

Posted on August 5, 2015 by Popular Economics Weekly

Popular Economics Weekly Why has economic growth been so slow since the Great Recession? This is the question haunting many economists these days. Second quarter 2015 real GDP growth (after inflation) was just 2.3 percent six years after its end. … Continue reading →

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Greenspan’s Greed and The Federal Deficit

Posted on March 28, 2014 by Popular Economics Weekly

Popular Economics Weekly The deficit this year is expected to be $514 billion— just 3 percent the size of the economy and significantly less than the $1.4 trillion deficit Congress ran up when it pumped stimulus into the economy in … Continue reading →

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Beware of the Taperians!

Posted on January 6, 2014 by Popular Economics Weekly

Popular Economics Weekly Now that the Fed has begun to reduce its QE3 securities’ purchases $10B per month in January, what will that do for growth? My answer is it’s too soon to say. Firstly, beware of the ‘Taperians’, those … Continue reading →

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The Great Divergence

Posted on December 16, 2013 by Popular Economics Weekly

Popular Economics Weekly The so-called “minimalist” budget deal just reached by Congress is another illustration of the great divergence in wealth distribution of recent years that has eclipsed the middle class. The Great Divergence is not a term usually associated … Continue reading →

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Fed Chairman Yellen Will Boost Economic Growth

Posted on October 13, 2013 by Popular Economics Weekly

Financial FAQs If we need any more evidence that Janet Yellen should be the next Federal Reserve Chairperson, it was the decision by the Fed Governors to continue their easing at the conclusion of their September 18 FOMC meeting, just … Continue reading →

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Ryan’s 19th Century Budget Plan

Posted on March 13, 2013 by Popular Economics Weekly

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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What Budget Problem?

Posted on January 17, 2013 by Popular Economics Weekly

Popular Economics Weekly Does Congress know that our federal budget deficit has been shrinking steadily since 2009, the end of the 18-month Great Recession? Yes, that’s right. A combination of cuts in government spending and very low interest rates on … Continue reading →

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U.S. Economy Is In Recovery

Posted on October 29, 2012 by Popular Economics Weekly

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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The Wrong Budget Debate

Posted on April 12, 2011 by Popular Economics Weekly

Financial FAQs We are having the wrong budget debate. Washington is not talking about paying down the federal debt, which now totals some $9.5 trillion held publicly. Budget deficits are created when revenues don’t equal spending. So when the focus … Continue reading →

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