Tag Archives: Great Recession

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

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Why a Recession?

Financial FAQs “The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the first quarter of 2025 is -2.4 percent on April 9, up from -2.8 percent on April 3. AtlantaFed The Atlanta Federal Reserve’s GDPNow graph of estimated … Continue reading

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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

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“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

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Why Kill Social Security?

Answering Kennedy’s Call “Let’s say social security didn’t send out their checks this month. My mother who’s 94, she wouldn’t call and complain. She’d think something got messed up, and she’ll get it next month. A fraudster always makes the … Continue reading

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How Long Must We Wait?

The Mortgage Corner Total existing-home sales[1] – completed transactions that include single-family homes, townhomes, condominiums and co-ops – progressed 4.2% from January to a seasonally adjusted annual rate of 4.26 million in February. Year-over-year, sales slid 1.2% (down from 4.31 … Continue reading

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Incompetence = Recession

Popular Economics Weekly “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 … Continue reading

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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

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What Happened to Animal Spirits?

Financial FAQs “We’re seeing a strong divergence between animal spirits of the stock market and what we’re actually seeing unfold from businesses and business leaders,” a White House official told reporters Monday, CNBC reported, adding, “The latter is obviously more … Continue reading

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White Patriarchy In Decline

Answering Kennedy’s Call “Born to a rich father who made him the beneficiary of his own highly lucrative investments, Trump received the equivalent of more than $500 million today via means that required no business expertise whatsoever.” Random House It … Continue reading

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