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Tag Archives: Great Depression
“The only thing we have to fear is fear itself.” Roosevelt
Popular Economics FREDpayrolljobs The job market is shrinking, to no one’s surprise. But July’s catastrophic unemployment report tells us the loss of -23,000 payroll was particularly horrific. Yet +214,000 jobs were created in March, and the economy was perhaps on … Continue reading
Whose Inflation Is It?
Financial FAQs “Still, despite multiple offsetting drivers, the tariff shock is further dimming already lackluster growth prospects. We expect a slowdown in the second half of this year, with only a partial recovery in 2026, and, compared to last October’s … Continue reading
Posted in Consumers, COVID-19, Economy, Politics, Weekly Financial News
Tagged consumer spending, economic growth, Economy, federal budget, Federal Reserve, finance, GDP growth, Great Depression, Great Recession, inequality, inflation, interest rates, New Deal, poverty, tariffs, Trump
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A Different Federal Reserve
Financial FAQs “Warsh would chart a new course that de-emphasizes the inflationary impact of factors such as supply chains and tariffs in favor of a views of inflation driven by government spending and the money supply.” Barron’s Graph: Last Tech … Continue reading
More Signs of Slower Growth
Financial FAQs “The manufacturing economy continues to struggle,” Susan Spence of ISM said. “It will continue to struggle” due to all the trade uncertainty. “The administration’s tariffs alone have created supply chain disruptions rivaling that of Covid-19,” executive at an … Continue reading
Posted in Consumers, COVID-19, Economy, Politics, Weekly Financial News
Tagged China, Economy, Federal Reserve, GDP growth, Great Depression, inflation, interest rates, Politics, tariffs, Trump
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Trump’s Manufacturing Scam
Financial FAQs “Why? It’s not like we’re a small country or full of stupid people. No, it’s the takeover of the economists and bankers. Simply put, modern American law is oriented towards ensuring very high returns on capital to benefit … Continue reading
Posted in Consumers, COVID-19, Economy
Tagged consumer spending, Donald Trump, Economy, GDP growth, Great Depression, inflation, news, Politics, Trump
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Republicans’ Unchecked Greed
Popular Economics Weekly “George Will, the conservative pundit, gave the best description of Trump’s incompetence in a Washington Post Op-Ed: “It is urgent for Americans to think and speak clearly about President Trump’s inability to do either. This seems to be not … Continue reading
Posted in Consumers, COVID-19, Economy, Politics, Weekly Financial News
Tagged economics, Economy, Federal Reserve, finance, GDP growth, Great Depression, Great Recession, inflation, interest rates, Politics, Trump
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Republicans’ Dystopian Dream
Popular Economics Weekly “I don’t want to abolish government. I simply want to reduce it to the size where I can drag it into the bathroom and drown it in the bathtub.” Grover Norquist, Republican. Grover Norquist, founder and president of Americans for Tax Reform in a 2001 … Continue reading
Posted in Consumers, COVID-19, Economy, Politics, Weekly Financial News
Tagged Donald Trump, Economy, Federal Reserve, foreign trade, GDP growth, Great Depression, inflation, interest rates, news, Politics, tariffs, Trump
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Why the Shock and Awe?
Financial FAQs “White House aide Peter Navarro said Sunday that he expects President Donald Trump’s tariffs to bring in $6 trillion in revenue in the next decade, which could amount to the largest tax hike in US history. CNN The … Continue reading
“Liberty Day” Has Come!
Financial FAQs Dow opens 1,200 points lower, S&P 500 and Nasdaq plunge as Trump tariffs roil markets; Apple, Nvidia and Nike slump; dollar and gold dive. U.S. stocks are plunging a day after U.S. President Trump outlined new tariffs aimed … Continue reading
Posted in Consumers, COVID-19, Economy, Politics, Weekly Financial News
Tagged China, Economy, Federal Reserve, GDP growth, Great Depression, Great Recession, inflation, interest rates, Politics, tariffs, Trump
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It’s the Law of the Jungle
Financial FAQs “Trumpian Incompetence will provoke a counterreaction, which will prove to be an opportunity and rebirth. When that happens people will be ready to hear the truth that Trump will never understand—that when you turn America into a vast … Continue reading
Posted in Consumers, COVID-19, Economy, Politics, Weekly Financial News
Tagged Donald Trump, Economy, Federal Reserve, GDP growth, Great Depression, Great Recession, inflation, interest rates, Politics, tariffs, Trump
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