Monthly Archives: July 2012
Romney’s 5-Point Plan—Very Primitive Economics
Financial FAQs Romney’s “Five Point Plan to Grow the Economy” that he touts on his website, is primitive economics almost beyond belief. It returns us to 19th century government of the few by the few with few regulations or insurance … Continue reading
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
Gun Violence Has Too Many Causes
Popular Economics Weekly The shooting in Aurora’s Central Theatres is not something “impossible to understand” as was said by Denver’s Mayor just after the massacre, if we look at the culture of violence that has made U.S. the most violent … Continue reading
HARP 2.0 Leads Mortgage Refinance Higher
The Mortgage Corner There is growing optimism that the real estate bust is finally at an end. The cause is a combination of record low interest rates leading to more refinance activity and increasing confidence of consumers in the economic … Continue reading
Consumers Becoming Healthier—Part II
Financial FAQs Consumers seem to be doing better, as I said last week, in spite of their worries about jobs, the economy and budget deficits (their own more than governments’). Consumer credit jumped $17.1 billion in May for the largest … Continue reading
Consumers Are Doing Fine
Financial FAQs Consumers seem to be doing fine, in spite of their worries about jobs in the latest University of Michigan sentiment survey, the economy and budget deficits (their own more than governments’). June average hourly earnings improved to a … Continue reading
What Do June Jobs Numbers Mean?
Financial FAQs Is history repeating itself? Once more the June jobs numbers don’t look so good, but once more they will probably be misleading. Because, once more, it looks like the so-called seasonal adjustments (SA) are overestimating the summer jobs … Continue reading
Obamacare–What Loss of Freedom?
Popular Economics Weekly Hallelujah. The Supreme Court of our land has given Obamacare a clean constitutional bill of health, thanks to its Chief Justice, who says government does have the power to tax those who can afford to buy health … Continue reading
