Tag Archives: household incomes

What’s The Fed To Do?

Popular Economics Weekly Why the debate over who should be the next Federal Reserve Chairman? There is a tug of war going on between inflation ‘doves’ and ‘hawks’ within the Fed. The debate is whether inflation is or will be … Continue reading

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How To Lower That Household Debt?

Financial FAQs Here is the underlying reason our economy isn’t growing faster, hence creating more jobs. Household debt hasn’t even declined to early 2000 levels, mainly because household incomes haven’t risen above 2000 levels, after inflation is factored in. Mortgage … Continue reading

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Did Bernanke Change His Tune?

Financial FAQs As we all know by now, Fed Chairman Bernanke seems to have abruptly switched sides in the stimulus debate. He said the purchases of $85 billion in bonds and mortgage securities could begin to be ‘tapered’ by the … Continue reading

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Economic Growth Stronger Than Predictions?

Popular Economics Weekly There are signs that economists have underestimated GDP growth this year. The New York Times surveyed economists in a recent Sunday front page article, that said growth could increase to 3 percent from the 2 percent norm … Continue reading

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Fannie Mae/Freddie Mac Dilemma Won’t End Soon

Popular Economics Weekly The U.S. Treasury is in a bind. Everyone seems to agree that Fannie and Freddie, wards of the government should be downsized, but how to do it without damaging the housing recovery? Extreme conservatives even want to … Continue reading

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Consumer Debt Falls to Pre-Recession Level

Financial FAQs The total amount of debt held by Americans fell again in the first three months of 2013 and stood at the lowest level since the middle of 2006, the New York Federal Reserve said Tuesday. The level of … Continue reading

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Henry Ford’s Arithmetic Would Cure Budget Deficit

The Financial FAQs Why don’t Republicans get it? As President Clinton said in his convention speech, there was one word to explain the difference between Republican and Democrats budget proposals—arithmetic. The numbers had to add up, and as a ‘good … Continue reading

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