Tag Archives: austerity policies

Why Brexit?

Financial FAQs Brexit, the British vote to exit the European Union, was precipitated by many factors, including Brit’s fear of loss of sovereignty due to the Schengen requirement that it open its borders to citizens of other EU countries.  And … Continue reading

Posted in Economy, Keynesian economics, Politics, Uncategorized, Weekly Financial News | Tagged , , , , , , , , , | 1 Comment

The Clinton Growth Presidency

Popular Economics Weekly It’s remarkable. Donald Trump chose Detroit to make his economic speech, where he accused the Clintons of causing Detroit’s employment problems with their trade policies. Is he kidding? The Detroit Big Three automakers didn’t lose jobs because … Continue reading

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

Why Did Brexit Happen?

Popular Economics Weekly The shortest answer is the Great Recession and austerity policies of EU policymakers. The result will be a Lessor, or Little Britain, which was inevitable given the austerity policies greatholding sway in the EU. What austerity policies? … Continue reading

Posted in Consumers, Economy, Keynesian economics, Macro Economics, Politics | Tagged , , , , , , , | 1 Comment

An End to Austerity—Part II

Financial FAQs The Senate voted on Tuesday to start talks with the House about a compromise highway funding measure. Lawmakers are facing a Nov. 20 deadline for renewing federal infrastructure funding. Both chambers have passed bills that would guarantee at … Continue reading

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

Don’t Count On Inflation Moving Federal Reserve

Popular Economics Weekly The Federal Reserve didn’t raise interest rates today at the close of their FOMC meeting. In fact the 9-1 vote against raising rates wasn’t even close. So don’t count on inflation to save the day for the … Continue reading

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

Greece’s Great Depression

Financial FAQs This may seem facetious some 6 years into recovery, but many policy makers don’t seem to understand the severity of the Great Recession, or its consequences. It is the major reason why Greece, and many other Eurozone countries … Continue reading

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

What Would Save the Euro?

Popular Economics Weekly Now that Greece has voted NO on the latest European Commission-European Central Bank-IMF proposal (the so-called troika), will Greece stay in the Eurozone? If so, Greece may save the euro. Why is this choice even necessary when … Continue reading

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

A Lousy Jobs Report?

Popular Economics Weekly At first glance it looks like a lousy jobs report. It’s true the labor market has softened in several aspects. Payroll jobs increased just 126,000 in March after increases of 264,000 in February and 201,000 in January. … Continue reading

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

Enslavement of the Middle Class

Financial FAQs It is becoming obvious that the American middle class (topic dujour among presidential candidates these days) has been enslaved by an ideology that only benefits the wealthiest among US. It is an ideology of austerity that has prevailed … Continue reading

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

The Economic Ruination of Greece

Popular Economics Weekly It is now beyond a reasonable doubt that Germany and its austerity cohorts want to drive Greece out of the Eurozone by insisting that it adhere to its agreement to pass most of its meager budget surplus … Continue reading

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