Tag Archives: ARRA

Has the Recession Begun?

Popular Economics Weekly Wikipedia It might not matter when the so-called infection curve begins to flatten, or the epidemic “washes away”, as President Trump has said. The economic damage has already been done, due in part to the lack of … Continue reading

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

When Is Faster Growth Coming?

Popular Economics Weekly Where is the promised growth, with almost full employment? GDP growth was revised up from 1.5 to 2.1 percent Q2 to Q3, and is up 2.2 percent annually? When, if ever, will it return to the historical … Continue reading

Posted in Consumers, Economy, Housing, housing market, Politics, Weekly Financial News | Tagged , , , , , , , , | Leave a comment

What Are Economic Lessons From ‘The Martian’?

Financial FAQs What can we learn from The Martian, a terrific novel and movie starring Matt Damon as an Astronaut in the not too distant future thought dead and left behind on Mars during a violent dust storm? It was … Continue reading

Posted in Consumers, Economy, Politics | Tagged , , , , , , , , , , , , | Leave a comment

Baltimore and the Lessons of Inequality

Financial FAQs David Brook’s most recent New York Times Oped talks about the dissolution of social bonds in Baltimore neighborhoods. “Even in poorest Baltimore, there once were informal rules of behavior governing how cops interacted with citizens,” he says in … Continue reading

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

The Economic Consequences of Too Much Inequality

Financial FAQs A new report released by the World Economic Forum, ranks rising inequality as the top trend facing the globe in 2015, according to a survey of 1,767 global leaders from business, academia, government and non-profits, many of whom … Continue reading

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

Government Wasn’t the Problem

Popular Economics Weekly If the latest unemployment report tells us anything, it is that government isn’t the problem that has caused the weak U.S. recovery, but a private sector that is focused solely on maximizing profits for their investors and … Continue reading

Posted in Uncategorized | Tagged , , , , , , , | Leave a comment

Jobs Recession Finally Over?

Financial FAQs Is the jobs recession finally over? It’s taken this long to bring employment back to pre-Great Recession levels. Overall employment is still slightly below the pre-recession peak (437 thousand fewer total jobs).  But private employment is now above … Continue reading

Posted in Consumers, Economy, housing market, Macro Economics, Politics, Weekly Financial News | Tagged , , , , , , | Leave a comment

Weak Employment–American Austerity at Work

Popular Economics Weekly Is economic growth grinding to a halt, even as pundits predicted better growth in 2014? Nonfarm payrolls have advanced just 188,000 over the past 2 months, when this was the average montly increase in prior months. It … Continue reading

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

Unemployment—Why Still So High?

Popular Economics Weekly What will bring US back to full employment is a very big question among economists. The problem is that the 155,000 per month nonfarm payroll average in 2012 isn’t enough to either absorb new entrants, or those … Continue reading

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

Unemployment Rate Falls to 7.7 Percent

Popular Economics Weekly Economists are rubbing their eyes over the November jobs report. It seems stimulus spending works. Obama’s $830 Billion ARRA stimulus + the Federal Reserve’s QE efforts to hold down interest rates has now created almost 6 million … Continue reading

Posted in Economy, Housing, housing market, Politics, Weekly Financial News | Tagged , , , , , , , | 2 Comments