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Tag Archives: Great Recession
President Trump the Bully
Answering Kennedy’s Call “With yesterday’s tragic news, we are calling for an immediate deescalation of tensions and for state, local and federal officials to work together to find real solutions.” Letter signed by 60 Minnesotan CEOs CNBC.com It has taken … Continue reading
Posted in Consumers, COVID-19, Economy, Politics, Weekly Financial News
Tagged bully, bully mentality, consumer spending, Donald Trump, Economy, Federal Reserve, GDP growth, Great Recession, history, inequality, inflation, interest rates, news, Politics, poverty, Trump, unemployment report
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A Better Economy for Whom?
Financial FAQs “Real gross domestic product (GDP) increased at an annual rate of 4.4 percent in the third quarter of 2025 (July, August, and September), according to the updated estimate released by the U.S. Bureau of Economic Analysis. In the second … Continue reading
This Inflation Isn’t Going Away
Popular Economics Weekly “The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.3 percent on a seasonally adjusted basis in December, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased … Continue reading
Posted in Consumers, COVID-19, Economy, Politics, Weekly Financial News
Tagged consumer spending, Economy, Federal Reserve, finance, GDP growth, Great Recession, inflation, interest rates, investing
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Equality Is Good for Everyone–Part II
Popular Economics Weekly “Nineteen states will increase their minimum wages on January 1, boosting earnings for more than 8.3 million workers by a total of $5 billion. In addition, 47 cities and counties will raise their minimum wages, adding to the … Continue reading
Equality Is Good For Everyone!
Answering Kennedy’s Call “And on the tax front, it’s time for rich people like me to pay more.” Mitt Romney Getty/Bettmann This quote from a recent NYTimes Mitt Romney Op-ed is my Christmas message: Equal opportunity hasn’t been available to … Continue reading
Posted in Consumers, COVID-19, Economy, Politics, Weekly Financial News
Tagged budget deficit, consumer spending, economics, Economy, Federal Reserve, GDP growth, gini inequality index, Great Recession, history, Income inequality, inequality, inflation, interest rates, Mitt Romney, Politics, poverty, tariffs, unemployment report
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Are We Flying Blind?
Popular Economics Weekly “The United States economy is like a poker game where the chips have become concentrated in fewer and fewer hands, and where the other fellows can stay in the game only by borrowing. When their credit runs … Continue reading
Posted in Consumers, COVID-19, Economy, Politics, Weekly Financial News
Tagged consumer spending, Economy, Federal Reserve, finance, GDP growth, Great Recession, inflation, interest rates, Politics, tariffs, Trump, unemployment report
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Will Fed Give Up the Inflation Fight?
Financial FAQs “Consumers continue to express frustration over the persistence of high prices, with 44% spontaneously mentioning that high prices are eroding their personal finances, the highest reading in a year.” University of Michigan Sentiment Survey FREDcpi Federal Reserve Chair … Continue reading
Posted in Consumers, COVID-19, Economy, Politics, Weekly Financial News
Tagged consumer spending, Economy, Federal Reserve, finance, GDP growth, Great Recession, inflation, interest rates, Politics, Trump
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Housing Market Is Recovering
The Mortgage Corner WASHINGTON (October 23, 2025) – Existing-home sales increased by 1.5% month-over-month in September, according to the National Association of REALTORS® Existing-Home Sales Report. The Report provides the real estate ecosystem, including agents and homebuyers and sellers, with data … 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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Trump’s Art of the Steal
Popular Economics Weekly “I put lipstick on a pig,” he said. “I feel a deep sense of remorse that I contributed to presenting Trump in a way that brought him wider attention and made him more appealing than he is.” … Continue reading
Posted in Consumers, COVID-19, Economy, Politics, Weekly Financial News
Tagged Donald Trump, Economy, Federal Reserve, GDP growth, Great Recession, inflation, interest rates, joe-biden, news, Politics, Trump
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