Category Archives: Keynesian economics

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

Posted in Economy, Keynesian economics, Macro Economics, Politics, Weekly Financial News | Tagged , , , | Leave a comment

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

Posted in Consumers, Economy, Keynesian economics, Politics, Weekly Financial News | Tagged , , , , | Leave a comment

Bad News for Workers = Bad Economic News!

Popular Economics Weekly Personal incomes have been increasing just 2.5 percent on average for several years. The problem is that’s not adequate GDP growth to pay down the $10 trillion in worldwide debt that’s been issued since 2008 to get … Continue reading

Posted in Consumers, Economy, Keynesian economics, Politics, Weekly Financial News | Tagged , , , | Leave a comment

Where is Badly Needed Infrastructure Investment?

Financial FAQs The all-Republican congress and Whitehouse are making a serious mistake in letting politics and ideology get in the way of economic growth. Does anyone seriously believe their attempts to repeal Obamacare would work with so many of their … Continue reading

Posted in Economy, Keynesian economics, Politics, Weekly Financial News | Tagged , , , , | Leave a comment

Will There Be Tax Reform?

Popular Economics Weekly After Republicans’ failure to repeal Obamacare, they will now attempt to pass a budget, and tax reform plan. But the $1 trillion in spending cuts (mainly from Medicare) they hoped with the repeal of Obamacare, which would … Continue reading

Posted in Economy, Keynesian economics, Macro Economics, Weekly Financial News | Tagged , , , , , , , | Leave a comment

Great Q2 GDP Growth, But Q3?

Popular Economics Weekly Second quarter GDP came in at a 2.6 percent annualized growth rate. This is one of the best showings of the last 2 years and keeps overall growth at 2 percent; because first quarter’s growth was downwardly … Continue reading

Posted in Economy, Keynesian economics, Politics, Weekly Financial News | Tagged , , , , | Leave a comment

Job Claims Down, GDP Revised Up, And 2017?

Financial FAQs Initial weekly jobless claims for unemployment benefits, the best predictor of employment trends, continues downward, but with some upward blips of late that are probably due to still severe weather in the northeast (snow) and south (tornadoes). And … Continue reading

Posted in Consumers, Economy, Keynesian economics, Weekly Financial News | Tagged , , | Leave a comment