Tag Archives: Income inequality

Wisconsin’s Austerity Lesson

Posted on February 28, 2014 by Popular Economics Weekly

Popular Economics Weekly Governor Scott Walker is having his own problems with the ongoing investigation into staffers using public funds for political campaigning as a County Manager, but it doesn’t seem to faze him as he touts the success of … Continue reading →

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The Great Income Divergence—II

Posted on January 3, 2014 by Popular Economics Weekly

Financial FAQs Ben Bernanke is now defending his record as Fed Chairman. He shouldn’t have to, as without the Fed’s easy money policies—such as QE3—the economy would surely have plunged back into recession, as the European Union has done with … Continue reading →

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Equality Is Good For Everyone!

Posted on November 21, 2013 by Popular Economics Weekly

Popular Economics Weekly It looks like some states are beginning to take the equality issue seriously again. Massachusetts just raised their minimum wage to $10 per hour, California is raising it to $8.25 over 2 years, with New Jersey and … Continue reading →

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It’s Not About Obamacare!

Posted on October 3, 2013 by Popular Economics Weekly

Financial FAQs We know the federal government’s shutdown isn’t really about Obamacare. We know this because Tea Party Republicans have been trying to shut down government since the 2010 election, as MSNBC’s Rachel Maddow and others have pointed out. The … Continue reading →

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Are Excessive Corporate Profits Hurting Growth?

Posted on September 29, 2013 by Popular Economics Weekly

Popular Economics Weekly The third estimate for real GDP growth for the second quarter was left unchanged at an annualized rate of 2.5 percent compared to the second estimate and compared to a first quarter rise of  1.1 percent. But … Continue reading →

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Martin Luther King Worried About Economic Injustice

Posted on August 29, 2013 by Popular Economics Weekly

Popular Economics Weekly Martin Luther King said the basis of disparities between the races had as much to do with income inequality as outright racism in his book, Why We Can’t Wait.  “Many white Americans of good will have never … Continue reading →

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A Greater Recession, if Fed QE Ends Too Soon

Posted on May 31, 2013 by Popular Economics Weekly

Financial FAQs The stock and bond markets are sinking because of Fed Chairman Bernanke’s seemingly offhand remark that the Fed could slow down its QE purchases of securities as early as its June FOMC meeting. Now Organization for Economic Development … Continue reading →

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David Stockman’s Crony Capitalism

Posted on April 7, 2013 by Popular Economics Weekly

Popular Economics Weekly Paul Krugman is being too gentle with David Stockman, whose recent New York Times ‘rant’ glorifies the gold standard and denigrates government for standing in the way of putting “free markets and genuine wealth creation back into … Continue reading →

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Unemployment—Why Still So High?

Posted on January 5, 2013 by Popular Economics Weekly

Popular Economics Weekly What will bring US back to full employment is a very big question among economists. The problem is that the 155,000 per month nonfarm payroll average in 2012 isn’t enough to either absorb new entrants, or those … Continue reading →

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Two Percent Growth Isn’t ‘New’ Normal

Posted on October 31, 2012 by Popular Economics Weekly

Popular Economics Weekly There are many ways to look at the “weak” 2 percent growth numbers for Q3, though just the ‘Advance Estimate’ and so subject to at least 2 more revisions. But such weak growth isn’t due to excessive … Continue reading →

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