Tag Archives: Great Recession

Who Are the Real Takers?

Popular Economics Weekly We have been there before. The Census Bureau reported that the poverty rate fell in 2013, the first drop since 2006. It fell to 14.5 percent, down from 15 percent in 2013, but 45.3 million people are … Continue reading

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Minimum Wages vs. Maximum Profits?

Financial FAQs Corporate profits are at all-time highs, and workers compensation at all-time lows, as fast food workers continue to strike for higher minimum wages. Yet business interests still maintain maximum profits have to be a corporation’s primary consideration. In … Continue reading

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Where is the Inflation?

Financial FAQs Stocks and bonds are rallying, as it looks like inflation is still falling, rather than rising. This is good news for investors, but prices aren’t rising enough to boost economic growth yet. Boosting inflation seems to be the … Continue reading

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Don’t Forget the Consumer!

Popular Economics Weekly “It’s the Consumers, Stupid,” is an oft-repeated mantra being echoed currently by Internet advocates who want to keep Internet access free. But there’s a more important reason to worry about consumer health. Consumers are still way too … Continue reading

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Austerity Must End With Q1 GDP Plunge

Popular Economics Weekly The final Q1 2014 GDP growth estimate of minus (-2.9) percent, down from the second (-1) percent drop, was a shock for several reasons. Firstly, it means our domestic economy is still sputtering, five years after the … Continue reading

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Will Housing Now Lead the Recovery?

The Mortgage Corner There is still hope that housing may help this economic recovery, as it has in past recoveries. But that is only if Fed Chairman Janet Yellen succeeds in keeping interest rates—mortgage rates in particular—at their current low, … Continue reading

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When is Higher Inflation Good?

Financial FAQs The short answer is that higher inflation comes from higher growth rates, and so when an economy expands faster, then prices should also rise faster. Otherwise companies’ profits don’t rise and they won’t want to expand their businesses … Continue reading

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