Tag Archives: Trump

Jobs Picture Improves?

Financial FAQs “Total nonfarm payroll employment increased by 162,000 in August, and the unemployment rate was unchanged at 4.1 percent, the U.S. Bureau of Labor Statistics reported today. Employment increased in food services and drinking places and in local government … Continue reading

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Why So Much Pessimism?

Financial FAQs “The Conference Board Consumer Confidence Index® decreased by 0.8 points to 89.4 (1985=100) in August, down from 90.2 in July. The Expectations Index—based on consumers’ short-term outlook for income, business, and labor market conditions—fell by 5.8 points to … Continue reading

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“The only thing we have to fear is fear itself.” Roosevelt

Popular Economics FREDpayrolljobs The job market is shrinking, to no one’s surprise. But July’s catastrophic unemployment report tells us the loss of -23,000 payroll was particularly horrific. Yet +214,000 jobs were created in March, and the economy was perhaps on … Continue reading

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Defeating the Greater Lawlessness

Popular Economics Weekly “The Republicans’ hunger for power has now reached such a point that they have selected and continue to support a president who has lied and cheated his whole adult life; from Trump Casinos to Trump Towers, from … Continue reading

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Defeating The Bully Mentality

Popular Economics Weekly “But nobody expects to see a lot of prominent Republicans declaring that rejecting Medicaid expansion is wrong, that caring for Americans in need is more important than scoring political points against the Obama administration. As I said, … Continue reading

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Time To Pay the Piper

Popular Economics Weekly “The time to repair the roof is when the sun is shining. [State of the Union Address January 11 1962]” President John F Kennedy Wikipedia Two of our largest domestic economies are heeding President Kennedy’s words, “when the sun … Continue reading

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Biden vs. Trump

Popular Economics Weekly “The Producer Price Index for final demand increased 1.4 percent in April, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices advanced 0.7 percent in March and 0.6 percent in February. The April … Continue reading

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Stagflation Isn’t Going Away

Financial FAQs “The number of job openings was unchanged at 6.9 million in March, the U.S. Bureau of Labor Statistics reported today. Over the month, hires increased to 5.6 million while total separations changed little at 5.4 million. Within separations, … Continue reading

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When Does Inflation Come Down?

Popular Economics Weekly “From the preceding month, the PCE price index for March increased 0.7 percent. From the same month one year ago, the PCE price index for March increased 3.5 percent.” BEA.gov FREDpce Inflation is rising again, to no one’s surprise, from its … Continue reading

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Our Unbalanced Economy

Financial FAQs “The time to repair the roof is when the sun is shining. [State of the Union Address January 11 1962]” President John F Kennedy President Kennedy’s maxim at his 1962 State of the Union address—the almost universal truth … Continue reading

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