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Tag Archives: minimum wage
What Happens to 1% with Demo’s Blue Wave?
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
Posted in Uncategorized
Tagged Donald Trump, federal budget, GDP, Income inequality, minimum wage, republican party
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Labor Productivity is the Golden Fleece
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
Loneliness in America is a Public Health Problem
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
Whither Go Interest Rates?
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
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
Posted in Consumers, Economy, Politics, Weekly Financial News
Tagged inflation rate, minimum wage, unemployment rate, unemployment report
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U.S. Taxes Are Not High!
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
Q3 Economic Growth Jumps to 3.3% (Revised)
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
