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Categories
Meta
Tag Archives: Great Recession
Why Did Michael Moore Invade Those Countries?
Popular Economics Weekly The answer is so simple, and sad. Mr. Moore’s latest eye-opening documentary, “Where To Invade Next?” visits countries that have learned from, and adopted our laws and policies, policies that no longer exist in the U.S. of … Continue reading
Posted in Consumers, Economy, Politics
Tagged Bowling For Columbine, ECB, education, german economy, Great Recession, Michael Moore, President Reagan, student debt
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Higher GDP, Consumer Spending Will Boost 2016 Growth
Financial FAQs Q4 GDP growth was just revised upward to 1.0 percent, from the 0.7 percent first estimate. This, January’s personal income figures and durable goods orders show consumers and even parts of the manufacturing sector are still expanding, which … Continue reading
Job Openings and Hires At Record Levels
Popular Economics Weekly Job openings rose 5 percent to 5.6 million in December, the Labor Department said Tuesday. So why are the financial markets worrying about a looming recession? That reading was the second-highest ever recorded, behind only July 2015, … Continue reading
Iowa and the Stand For Nothing Party
Popular Economics Weekly Can the Republican Party survive the Iowa and New Hampshire primaries and either Donald Trump or Senator Cruz winning? Can the Grand Old Party survive and thrive on a platform that opposes every relevant issue today — … Continue reading
Why Has It Taken So Long?
Financial FAQs The latest Federal Reserve press releases—firstly, the minutes of last FOMC meeting, and also its reduced projections of expected inflation—tell us the Fed is still in austerity mode due to a fear of non-existent inflation. And it is … Continue reading
Housing Creating More Jobs In 2016
The Mortgage Corner We see housing in 2016 continuing to grow the economy. This is mainly because new-home construction should surpass 1 million units again this year, and it is new-home construction (and sales), rather than existing-home sales that adds … Continue reading
What Are Economic Lessons From ‘The Martian’?
Financial FAQs What can we learn from The Martian, a terrific novel and movie starring Matt Damon as an Astronaut in the not too distant future thought dead and left behind on Mars during a violent dust storm? It was … Continue reading
Posted in Consumers, Economy, Politics
Tagged ARRA, climate change, Curiosity, employment, Global warming, Great Depression, Great Recession, Mars landing, Mars Rover, nasa, payroll jobs, TARP, The Martian movie
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An End to Austerity?
Financial FAQs On November 5, 2015, the U.S. House of Representatives passed the bipartisan Surface Transportation Reauthorization and Reform Act, a new multi-year transportation authorization bill, by a vote of 363-64. It will refund the Highway Trust Fund, among other … Continue reading
The Fed Can’t Raise Interest Rates Soon
The Mortgage Corner Our Federal Reserve won’t be able to raise interest rates at all this year, or maybe even next year, says Marketwatch. Why? Because the EU Central Bank just announced they are increasing their Quantitative Easing program (QE), … Continue reading
Who’s To Blame For the Great Recession?
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