Tag Archives: Roosevelt New Deal

Why Another Gilded Age?

Financial FAQs “I remember ’29 very well … the drugged and happy faces of people who built paper fortunes on stocks they couldn’t possibly have paid for. … In our little town bank presidents and track workers rushed to pay … Continue reading

Posted in Consumers, COVID-19, Economy, Keynesian economics, Politics, Weekly Financial News | Tagged , , , , , , , , , , , , , | Leave a comment

How Do We Fix Inflation?

Financial FAQs I said last week that: “Many of us remember when a gallon of gas was less the $2, or a quart of milk less than $1, or housing was last affordable in the 1970s. I remember the inflation … Continue reading

Posted in Consumers, COVID-19, Economy, Keynesian economics, Politics, Weekly Financial News | Tagged , , , , , , | Leave a comment

No Art of the Deal

ANSWERING KENNEDY’S CALL “After all, it is mathematically impossible to cut taxes for corporations and billionaires, sustain basic programs like defense and Social Security, and lower the deficit simultaneously:” Nobel Laureate Joseph Stiglitz. Huffington Post Historians will puzzle over the … Continue reading

Posted in Consumers, COVID-19, Economy, Politics, Weekly Financial News | Tagged , , , , , , , , , , , , , | Leave a comment

Bidenomics Is Working!

Financial FAQs Brad Delong Why are Republicans denigrating Biodenomics, the economic policies passed by a bipartisan congress since 2021 that is causing 3 percent GDP growth and 4.0 percent unemployment, with 8 million job vacancies looking for workers, and inflation back … Continue reading

Posted in Consumers, COVID-19, Economy, Politics, Weekly Financial News | Tagged , , , , , , , , , , , , | Leave a comment

When Will Consumers Recover?

Popular Economics Weekly BEA.gov The key to a robust recovery will depend on how American consumers react to the novel coronavirus pandemic and business shutdown. We were slipping into a recession, anyway. COVID-19 just sped up the inevitable results of … Continue reading

Posted in Consumers, Economy, Keynesian economics, Politics | Tagged , , , , | Leave a comment

Why Do We Need a (new) New Deal?

Financial FAQs Amazon COVID-19 has finally done it. The new bi-partisan legislation working through congress that apportions money to the people and businesses that really need it—working (salaried) folk and small businesses with less access to credit—tell us why we … Continue reading

Posted in Economy, Keynesian economics, Politics, Weekly Financial News | Tagged , , , , , , , , | Leave a comment

Saving Capitalism—Part II

Popular Economics Weekly Nobel laureate Joseph Stiglitz’s plea to save capitalism is important for a number of reasons; foremost is the survival of liberal democracy itself. Modern liberal democracies that we have known since WWII cannot survive if we cannot … Continue reading

Posted in Economy, Keynesian economics, Politics | Tagged , , , , | Leave a comment

Why Did Brexit Happen?

Popular Economics Weekly The shortest answer is the Great Recession and austerity policies of EU policymakers. The result will be a Lessor, or Little Britain, which was inevitable given the austerity policies greatholding sway in the EU. What austerity policies? … Continue reading

Posted in Consumers, Economy, Keynesian economics, Macro Economics, Politics | Tagged , , , , , , , | 1 Comment

Is Bernie’s Economic Platform Impossible?

Financial FAQs It looks like Hillary Clinton’s nomination as the Democratic candidate is assured, but are Bernie Sander’s economic proposals impossible to achieve, as many mainstream economists maintain? Bernie wants to be able to introduce them into their platform at … Continue reading

Posted in Economy, Keynesian economics, Macro Economics, Politics, Weekly Financial News | Tagged , , , , , , | Leave a comment

Germany’s Failed Austerity Policies

Financial FAQs One would think by now the debate has been resolved on which economic model created the better recovery for this Great Recession or Lessor Depression, as P Krugman has called it. But no, Germany’s Finance Minister Wolfgang Schauble … Continue reading

Posted in Consumers, Economy, Keynesian economics, Macro Economics, Politics, Weekly Financial News | Tagged , , , , , , | Leave a comment