Tag Archives: minimum wage

Today’s Very Unequal, Minimum Wage Laws

Posted on January 1, 2020 by

Financial FAQs nymag.com This New Year is a good time to talk about our record income inequality, in the hope that it can be improved. Because it’s the reason a minority of white male Republicans have been able to hold … Continue reading →

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First Quarter GDP Growth Beats Estimates

Posted on April 26, 2019 by

Popular Economics Weekly Surprise, surprise, first quarter GDP growth beat the estimates of economists and pundits, but it wasn’t for the usual reasons. Spending at the state and local level jumped 3.9 percent after a 1.3 percent drop in the … Continue reading →

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What Happens to 1% with Demo’s Blue Wave?

Posted on November 8, 2018 by

The Mortgage Corner   Washington Post Now that the Democrats will be taking back the US House of Representatives in January, can they enact programs that improve the record income inequality in America? American citizens have the least equal incomes … Continue reading →

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Labor Productivity is the Golden Fleece

Posted on August 26, 2018 by

Financial FAQs Graph: Econoday Rising labor productivity is the golden fleece of economic growth, the pot of gold at the end of the rainbow, because major economists maintain it is really the only way workers can raise their standard of … Continue reading →

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Loneliness in America is a Public Health Problem

Posted on August 15, 2018 by

ANSWERING THE KENNEDYS CALL As part of our series on community-building I am reporting on what happens to Americans as a result of the breakdown of community, which Robert Putnam first documented in his best-seller, “Bowling Alone: the Collapse and … Continue reading →

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Whither Go Interest Rates?

Posted on March 8, 2018 by

The Mortgage Corner Existing-home resales weakened in January as the NAR’s pending home sales index fell sharply and is pointing to trouble for final sales of existing homes where the year-on-year rate for January had already fallen back below the … Continue reading →

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Wages Rise in Unemployment Report!

Posted on February 2, 2018 by

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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U.S. Taxes Are Not High!

Posted on December 6, 2017 by

Financial FAQs No, our taxes are not too high, and Americans suffer for it. In fact, the non-partisan Tax Policy Center says U.S. taxes at all levels of government represented 26 percent of GDP, compared with an average of 34 … Continue reading →

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Q3 Economic Growth Jumps to 3.3% (Revised)

Posted on November 30, 2017 by

Popular Economics Weekly It looks like the U.S. economy is charging ahead for the next few quarters, as Q3 Gross Domestic Product was revised from 3 percent to a 3.3 percent growth rate, due to higher exports and capital expenditures. … Continue reading →

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What Happened to Rising Wages?

Posted on August 15, 2017 by

Popular Economics Weekly Everything should point to higher wages and salaries ahead for employees with a 4.3 percent unemployment rate and record corporate profits, but corporate profits go mainly to their executives and owners (and their stockholders) these days. The … Continue reading →

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