Category Archives: Politics

Who Is Killing Our Children?

Popular Economics Weekly The fact that the NRA contributed $30 million to Donald Trump’s campaign is all we need to know about who is responsible for deaths of 14 high school children and 3 adults in Florida, or the 58 … Continue reading

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Why the ‘Yuge’ Stock Market Selloff?

Popular Economics Weekly The quick answer is that too much money is chasing too few stocks, believe it or not. The record low interest rates—the 10-year treasury yield just dropped back to 2.75 percent from 2.85 percent before Friday’s selloff—is … Continue reading

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Wages Rise in Unemployment Report!

Popular Economics Weekly The best news in January’s unemployment report was average hourly wages jumped 9 cents, to $26.74. It pushed the yearly increase to 2.9 percent from 2.6 percent, marking the highest level since the end of the Great … Continue reading

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Q4 GDP Growth Misses 3 Percent

Popular Economics Weekly Consumers and businesses powered the economy to a 2.6 percent rate of gross domestic product growth in the final three months of 2017, according to the Commerce Department. But declining inventories and a wider trade deficit kept … Continue reading

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Shutdown vs. “S***hole” Countries?

Popular Economics Weekly The just ended government shutdown has little to do with 9 million children’s health insurance under the CHIP plan, or extending the Dreamers protection under DACA. It really has to do with President Trump’s insistence on shutting … Continue reading

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Why Raise Interest Rates Now?

Financial FAQs The Federal Reserve is warning about the consequences of the just passed tax reform bill, which includes adding some $1.5 trillion to the federal debt in ten years. New York Fed President William Dudley says it will put … Continue reading

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Aren’t Tax Cuts Wonderful?

Popular Economics Weekly Those were President Trump’s words on the $3.2 trillion in tax cuts enacted by the Republican majority congress before Christmas. “These are the biggest tax cuts in history, even bigger than President Reagan’s.” He’s right that they … Continue reading

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