Tag Archives: industrial production

2013 U.S. Economy Finally In Recovery

Popular Economics Weekly With tax rates returning to more normal levels from the rollback of Bush era tax cuts, and Republicans giving up on denying debt ceiling increases until April that would force more cuts in government spending, there seem … Continue reading

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Q4 GDP Growth Improving

Financial FAQs We are seeing faster economic growth in the fourth quarter, even after the upward revision of Q3 GDP growth to 2.7 percent from 2.0 percent. The reason? The 146,000 jump in November payroll jobs, soaring retail sales, and … Continue reading

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Bernanke’s QE3 Challenge

Popular Economics Weekly Should we call him King Ben? Much like King Arthur, Fed Chairman Bernanke and his Roundtable of Fed Governors have taken on the confidence fairies, to use Paul Krugmans’s term, the austerity promoters who believe the only … Continue reading

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Why the Summer Growth Slowdown?

Financial FAQs The summer growth numbers seem weak, and pundits are saying it’s due to the European recession (so lower exports), the ‘fiscal cliff’(employers uncertain about future growth), and consumers with too much debt. But the numbers really show a … Continue reading

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The Confidence Fairies Love Austerity

Popular Economics Weekly January’s economic numbers are in, so we can say government stimulus spending has worked; there is just not enough of it. Whereas the views of those Paul Krugman characterizes as “confidence fairies” doesn’t work. Austerity and budget … Continue reading

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Third Quarter Growth Will Be Better

Popular Economics Weekly We now know the reasons for this summer’s growth pause. The Japanese earthquake and Tsunami disrupted a fragile recovery at the same time as Europeans found out they had a fragile banking system. And several stimulus programs … Continue reading

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Our Psychological Depression

Popular Economics Weekly The plunging financial markets are telling us something depression, but it is more about crowd psychology, than actual events. Americans are very depressed about their financial prospects. Duh, says Paul Krugman, given the congressional deadlock. So why … Continue reading

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Economic Interdependence Is Good

How interdependent we have become! The lessons of this recession and the ongoing recovery, is that going it alone won’t work—whether when drilling oil wells, or evading financial regulations. We even have to thank our dependence on foreign trade with … Continue reading

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