Category Archives: Economy

The Irrelevance of President Trump

Popular Economics Weekly It’s sad for America that the President of the United States has become irrelevant to most of the problems facing Americans and the world. But it’s heartening as well, because in choosing to return to a 1950’s … Continue reading

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Tax Reform—Who Needs It?

Financial FAQs Firstly, we know this isn’t real tax reform when the respective Senate and House bills allow an additional $1.5 trillion in debt added to the existing $20 trillion of national debt. Why, when during prosperous times such as … Continue reading

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A Gangbusters Employment Report

Popular Economics Weekly Payrolls rose 261,000 in October following an 18,000 rise in September, easily weathering the season’s hurricane disruptions, the government said Friday. But 765,000 dropped out of the labor force, which is why the unemployment rate fell to … Continue reading

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Increasing Growth Ahead, But Watch for Bubbles!

Financial FAQs Maybe it’s the natural disasters plaguing U.S. Or the fact businesses haven’t been investing in future growth until now. But the times they are a’changin, as GDP grew 3 percent in Q3 for the second quarter in a … Continue reading

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Who Needs a Tax Cut?

Popular Economics Weekly It turns out very few of us need a tax cut. Marketwatch economist Rex Nutting calculates that those in the 60 percent middle-income brackets—from $32,000 to $140,000 per year—pay just an average 2.5 percent in income taxes. … Continue reading

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Boom Times for Manufacturing

Popular Economics Weekly A measure used by economists to track investment, known as core capital orders (minus defense and aircraft), rose 4 percent in the 12 months ended in September. It has risen 1.3 percent for three consecutive months, according … Continue reading

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Rising Existing-Home Sales Not Enough

The Mortgage Corner WASHINGTON (October 20, 2017) — After three straight monthly declines, existing-home sales slightly reversed course in September, but ongoing supply shortages and recent hurricanes muted overall activity and caused sales to fall back on an annual basis, … Continue reading

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