Tag Archives: Great Recession

Retail Sales Strengthen Q4 Growth

Posted on January 22, 2020 by Popular Economics Weekly

The Mortgage Corner FRED It looks like consumers came through during the holidays, as retail sales jumped 0.3 percent in December and are up 3.5 percent from a year ago, per the above FRED (St. Louis Fed) graph. It might … Continue reading →

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What Is American Socialism?

Posted on January 13, 2020 by Popular Economics Weekly

Financial FAQs What is American Socialism that candidate Bernie Sanders has talked about ever since he has been running for President? In fact, our one and only example of something that represents any definition of Socialism and concerted government planning … Continue reading →

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Why Irrational Exuberance In A Year of Living Dangerously?

Posted on January 8, 2020 by Popular Economics Weekly

Financial FAQs Wrightson.com We are now living in a much more dangerous world, because there is the possibility of war in the Middle East that is accompanying the various trade wars waged by the “Make America Great” White House. In … Continue reading →

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2020—A Year of Living Dangerously

Posted on January 4, 2020 by Popular Economics Weekly

Popular Economics Weekly FRED.gov There is plenty of speculation on the effects of killing Iran’s Quds Force General Qassem Suleimani. Of course the first question is how Iran will retaliate? But terrorist attacks by its proxies, such as by the … Continue reading →

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October Employment No Big Deal

Posted on November 2, 2019 by Popular Economics Weekly

Popular Economics Weekly MarketWatch.com Total nonfarm payroll employment rose by 128,000 in October, and the unemployment rate was little changed at 3.6 percent, the U.S. Bureau of Labor Statistics reported today. Notable job gains occurred in food services and drinking … Continue reading →

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Budget Deficits With the Laffer Curve

Posted on August 26, 2019 by Popular Economics Weekly

Financial FAQs Wikipedia There is an economic theory of sorts that helps us to understand why our political parties can’t agree on how to grow an economy that benefits most Americans. It’s called the Laffer Curve, reputedly first drawn on … Continue reading →

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What Happened to Main Street?

Posted on July 22, 2019 by Popular Economics Weekly

Popular Economics Weekly FRED The main reason we have suffered from historically slow growth and stagnated wages since the Great Recession is in large part due to so-called trickle-down economics, the fallacy that concentrating most of the largess of economic … Continue reading →

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Why No Inflation?

Posted on May 28, 2019 by Popular Economics Weekly

Financial FAQs I have been talking about the danger of too low inflation for some time.  This graph portrays the history of inflation since the 1970s, when the Arab oil embargo caused oil prices and inflation to soar to unacceptable … Continue reading →

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Part II—What’s Wrong With Capitalism?

Posted on April 17, 2019 by Popular Economics Weekly

Financial FAQs Pete Buttigieg, Mayor of South Bend, Indiana and Presidential candidate, said to NBC’s Chuck Todd, “of course I’m a capitalist and America is a capitalist society, but it’s got to be democratic capitalism,” per the NYTimes’ Michael Tomasky. … Continue reading →

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What’s Wrong With Capitalism?

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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