Tag Archives: Paul Krugman

Manufacturing Continues Expansion (So Austerity Not the Answer)

Posted on May 2, 2012 by Popular Economics Weekly

“Manufacturing continues to lead U.S. recovery”, said the April ISM manufacturing survey that measures overall manufacturing activity. “The PMI registered 54.8 percent, an increase of 1.4 percentage points from March’s reading of 53.4 percent, indicating expansion in the manufacturing sector … Continue reading →

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Corporations Plus NRA Equals Greater Lawlessness

Posted on April 4, 2012 by Popular Economics Weekly

Financial FAQs “Florida’s now-infamous Stand Your Ground law, which lets you shoot someone you consider threatening without facing arrest, let alone prosecution, sounds crazy — and it is,” said New York Times columnist Paul Krugman recently. “And it’s tempting to … Continue reading →

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The Confidence Fairies Love Austerity

Posted on February 21, 2012 by Popular Economics Weekly

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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Where is the Inflation?

Posted on February 18, 2012 by Popular Economics Weekly

Financial FAQs If we would listen to the Europeans advocating austerity measures to punish Greece and Italy in particular for their profligacy, then inflation is right around the corner, according to the Germans who fear it most. Germany’s Finance Minister … Continue reading →

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Why are Some States Poorer Than Others?

Posted on February 18, 2012 by Popular Economics Weekly

Financial FAQs We have austerity in our own country as a result of the Great Recession, but it doesn’t fall equally on all states. In fact, states suffering the most are mainly those in the South, Midwest and manufacturing rust … Continue reading →

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Smart Government Creates Better Growth

Posted on January 19, 2012 by Popular Economics Weekly

Financial FAQs It is smart government that creates better economic growth, not smaller government, per se.  Smart government means effective government that finances and regulates what the private sector can’t or won’t.  So that doesn’t mean downsizing government for its … Continue reading →

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Greater Equality = Greater Democracy

Posted on December 28, 2011 by Popular Economics Weekly

Financial FAQs A recent Gallup poll said 82 percent of respondents thought economic growth “extremely”, or “very” important, while just 46 percent said reducing the income and wealth gap between rich and poor was extremely or very important. Yet there … Continue reading →

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Austerity (That) Doesn’t Work

Posted on December 3, 2011 by Popular Economics Weekly

Financial FAQs It turns out that austerity doesn’t work, when it means tax cuts for the wealthy but spending (and so income) cuts for the rest of US. But austerity does work when applied to the wealthiest who have used … Continue reading →

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Dear Supercommittee: “It’s Consumer Spending, Stupid!”

Posted on November 3, 2011 by Popular Economics Weekly

Financial FAQs “With only about a month remaining before its recommendations are due, lawmakers on the congressional supercommittee charged with finding savings from the federal budget wrestled with cuts to defense, foreign aid and other programs on Wednesday”, said Bloomberg … Continue reading →

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Third Quarter Growth Will Be Better

Posted on October 28, 2011 by Popular Economics Weekly

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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