Tag Archives: corporate profits
Deflation and Our Plunging Deficit
Popular Economics Weekly The federal budget deficit is shrinking rapidly, says Goldman Sachs Chief Economist Jan Hatzius. And that is not such a good thing at the moment, since the private sector isn’t spending enough. It means this very weak … Continue reading
Expanding Service Sector Will Boost Growth
Financial FAQs Why are stock indexes breaking records? Part of it is because of record corporate profits (which affects price-to-earnings ratios), up 20 annually since the end of 2008, as well as good job news that is boosting investor optimism. … Continue reading
Let’s Bring Back American Jobs
Popular Economics Weekly It’s well-known that American job formation isn’t keeping up with economic growth, but not why. It’s mostly because corporations have been retaining more of their profits and sharing less with their employees, so that household incomes have … Continue reading
The War on Workers
Popular Economics Weekly We are seeing what can only be called a war on workers by Tea Party Republicans in particular. Who are workers? The 80 percent of consumers who are wage and salary earners. And they have not done … Continue reading
Government Has to Work—or Else
Financial FAQs We can no longer afford to listen to those conservatives who believe government is the problem, since there is no viable recovery from the worst recession since the Great Depression without government investment in sectors that will grow … Continue reading
Labor’s Day—Have We Forgotten What It Means?
Popular Economics Weekly It’s officially the end of summer, start of school, fall colors, and Obama’s upcoming September 8 joint congressional State of the Jobs Market. With the labor market in dire straits, what can we say about this year’s … Continue reading
No More ‘Double-Dip’ Talk
Popular Economics Weekly “Irrational Exuberance” author Robert Shiller in an eye-opening Sunday NYTimes op-ed maintains there is still chance of a double-dip recession. But it could happen over years, rather than months. “I use the definition of a double-dip recession … Continue reading
