Monthly Archives: October 2018

Mr. President, Please Don’t Shoot Anyone!

Financial FAQs Mother Jones/Wikipedia Where is President Obama and other national leaders when we need them? Where is someone to refute the neo-Nazi lies of President Donald Trump, who no longer has to brag that he can shoot someone on … Continue reading

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No Need to Fear Inflation, Or Higher Interest Rates

Popular Economic Weekly Calculated Risk The benchmark 10-year Treasury Bond Yield fell back to 3.11 percent today with the stock market selloff, down from as high as 3.22 percent last week. And Gross Domestic Product rose 3.5 percent in Q3’s … Continue reading

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Government Is the Solution Part II—Housing For the Homeless

Popular Economic Weekly thelundreport.org I said in an earlier column “that part of the solution to the housing and homeless crisis has to be the responsibility of governments.” A recent Project Syndicate article by UC Berkeley economist Laura Tyson, and … Continue reading

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Why Still A Housing Shortage?

The Mortgage Corner Graph: Econoday A recent survey of California’s housing market reaffirmed the well-known fact that California has an affordability problem. The median home price is now $544,900, up 80 percent from 2011—though that’s a deceptive comparison because mostly … Continue reading

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Government Is the Solution, Not the Problem

ANSWERING THE KENNEDYS CALL Graph: NOAA.gov “With clear benefits to people and natural ecosystems, limiting global warming to 1.5ºC compared to 2ºC could go hand in hand with ensuring a more sustainable and equitable society, the Intergovernmental Panel on Climate … Continue reading

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Record Income Inequality = U.S. Credit Downgrade?

Financial FAQs Graph: MarketWatch The current debate whether the U.S. will escape the ‘new normal’ of slower economic growth since the Great Recession (when homeowners lost a collective $9 trillion in value) is taking a new turn with Moody’s Investor … Continue reading

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What Is ‘New Normal’ U.S. Growth?

Popular Economics Weekly Graph: Seeking Alpha/BLS There is a current debate whether the U.S. will escape the ‘new normal’ of slower economic growth since the Great Recession, when American households lost a collective $9 trillion in value and consumers cut … Continue reading

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