Tag Archives: Great Recession

What’s Wrong With Capitalism (Revised)?

Posted on April 11, 2019 by Popular Economics Weekly

Financial FAQs Winston Churchill once said, “No one pretends that democracy is perfect or all-wise. Indeed, it has been said that democracy is the worst form of government except all those other forms that have been tried from time to … Continue reading →

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Even More Job Openings!

Posted on March 15, 2019 by Popular Economics Weekly

Financial FAQs Calculated Risk The consensus from the Labor Department’s latest JOLTS report is job openings (graph yellow line) keep rising and employers are scrambling to fill them. January’s number of job openings rose 1.4 percent to 7.581 million that … Continue reading →

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Why the Record Low Interest Rates?

Posted on February 26, 2019 by Popular Economics Weekly

The Mortgage Corner fred.stlouisfed.org The 30-year fixed rate conforming mortgage rate fell to a 1-year low, according to Freddie Mac, the GSE still in government conservatorship, and major purchaser of conforming conventional mortgages. The 30-year fixed-rate averaged 4.35 percent in … Continue reading →

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What If No Brexit Deal?

Posted on February 20, 2019 by Popular Economics Weekly

Popular Economics Weekly Equalitytrust.org We know why the UK voted to exit the EU—UK working class anger at not gaining many of the benefits from joining the EU, while experiencing its downside with the influx of eastern EU citizens that … Continue reading →

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What’s Behind Brexit and the Politics of Fiscal Austerity?

Posted on January 22, 2019 by Popular Economics Weekly

Popular Economics Weekly https://www.washingtonpost.com The case can now be made that Briton’s vote to leave the EU was because of wrong-headed fiscal policies in the aftermath of the Great Recession. The housing bubble affected Europeans almost as much as Americans … Continue reading →

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Weaker Employment Report Due to Trade Wars?

Posted on December 8, 2018 by Popular Economics Weekly

Financial FAQs MarketWatch.com Total nonfarm payroll employment increased by 155,000 in November, and the unemployment rate remained unchanged at 3.7 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in health care, in manufacturing, and in transportation … Continue reading →

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Strong Employment Report Due Tomorrow?

Posted on October 4, 2018 by Popular Economics Weekly

Financial FAQs Graph: Econoday ADP, or Automatic Data Processing, predicts 230,000 private payroll jobs could be created in September per tomorrow’s U.S. unemployment report. The reason is both the manufacturing and non-manufacturing (service) sectors reported strong hiring in their ISM … Continue reading →

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Does Lower Inflation Mean a Goldilocks Economy?

Posted on September 13, 2018 by Popular Economics Weekly

Popular Economics Weekly Graph: Calculated Risk Consumers are being helped by consumer prices that are barely rising. The Consumer Price Index is up just 2.7 percent, and core CPI without food and energy prices up 2.2 percent in 12 months. … Continue reading →

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August Jobs Report No Big Deal

Posted on September 7, 2018 by Popular Economics Weekly

Popular Economics Weekly Graph: MarketWatch Total nonfarm payroll employment increased by 201,000 in August, and the unemployment rate was unchanged at 3.9 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in professional and business services, health … Continue reading →

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Labor Productivity is the Golden Fleece

Posted on August 26, 2018 by Popular Economics Weekly

Financial FAQs Graph: Econoday Rising labor productivity is the golden fleece of economic growth, the pot of gold at the end of the rainbow, because major economists maintain it is really the only way workers can raise their standard of … Continue reading →

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