Tag Archives: finance

Republicans Don’t Pay Their Bills

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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Can We Prevent Stagflation?

Popular Economics Weekly During the 1973 Arab-Israeli War, Arab members of the Organization of Petroleum Exporting Countries (OPEC) imposed an embargo against the United States in retaliation for the U.S. decision to re-supply the Israeli military and to gain leverage … Continue reading

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Does Tariff War = Recession?

Popular Economics Weekly “I don’t see any kind of well-thought-out, comprehensive strategy coming out of the White House,” said Bernard Baumohl, chief global economist at the Economic Outlook Group, a nonpartisan forecasting firm. What is the White House strategy? Is it … Continue reading

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What Happens Next?

Financial FAQs “In an interview with Fox News on Sunday, Trump refused to rule out a recession for the U.S. this year, implying his tariff strategy and attempts to cut government spending were part of a necessary transition that in … Continue reading

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Job Growth vs. Job Cuts

Popular Economics Weekly “Total nonfarm payroll employment rose by 151,000 in February, and the unemployment rate changed little at 4.1 percent, the U.S. Bureau of Labor Statistics reported today. Employment trended up in health care, financial activities, transportation and warehousing, … Continue reading

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Economic Growth Slowing…Because?

Popular Economics Weekly “The U.S. government is currently under the control of a deeply ignorant, vengeful megalomaniac with zero impulse control. And it’s not just Elon Musk: Trump shares the same characteristics.” Nobel Laureate Paul Krugman AtlantaFed “The GDPNow model … Continue reading

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Are Consumers In Danger?–Part II

The Mortgage Corner “In February, consumer confidence registered the largest monthly decline since August 2021, This is the third consecutive month on month decline, bringing the Index to the bottom of the range that has prevailed since 2022.” Stephanie Guichard, … Continue reading

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Are Consumers In Danger?

The Mortgage Corner Total consumer credit rose $40.8 billion in December, after a $5.4 billion decline in the prior month, the Federal Reserve said last Friday. In percentage terms, it is the biggest gain since June 2022. FREDconsumercredit Will consumers lose … Continue reading

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Was It a Good Employment Report??

Popular Economics Weekly Total nonfarm payroll employment rose by 143,000 in January, and the unemployment rate edged down to 4.0 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in health care, retail trade, and social assistance. … Continue reading

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Q4 Economic Growth Continues

Popular Economics Weekly Real gross domestic product (GDP) increased at an annual rate of 2.3 percent in the fourth quarter of 2024 (October, November, and December), according to the advance estimate released by the U.S. Bureau of Economic Analysis. In the … Continue reading

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