Tag Archives: New Deal

Why Is Mortgage Lending Still Restricted?

The Mortgage Corner We can thank the Great Recession for most of it. Banks have become much more conservative, and builders are building approximately 50 percent fewer residences vs. the 2 million housing units at the height of the housing … Continue reading

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A Greater Lawlessness—Self Interest vs. The Common Interest

Popular Economics Weekly Are we at the beginning of an era of Greater Lawlessness, or nearing the end, with the greatest law breaking we may have seen in our lifetime? And are we at the beginning or end of the … Continue reading

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Who Killed Our Middle Class?

Popular Economics Weekly It’s becoming clear that our Middle Class—the midsection of U.S. earners and consumers—has shrunk alarmingly. And this is the main reason for the political polarization today that in the words of journalist Christopher Hedges, has driven the … Continue reading

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Why The Years of Slow Growth?

Popular Economics Weekly Pundits have decried it. Donald Trump has criticized the ‘lousy’ U.S. economy in many of his Tweets, and economists have lamented the 2.4 percent GDP growth rate since 2000, at the time of the dot-com bubble bust. … Continue reading

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Hillary Clinton, the New FDR?

Popular Economics Weekly Even President Obama, among others, has said Hillary Clinton is one of the most qualified presidential candidates ever. And she has been advocating a new New Deal for America, including tuition-free public universities and colleges, paid maternity … Continue reading

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The Real Economy Trumps Republicans’ Dark Ages

Popular Economics Weekly Marketwatch’s Jeff Bartash is just one economic journalist busting the Donald’s ‘Disstopian’ views (Maureen Dowd’s term, not mine). Our economy is doing incredibly well for most people, including the bottom of the economic ladder—whose incomes are being … Continue reading

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Why Record Low Mortgages Rates?

The Mortgage Corner Mortgage applications increased 7.2 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending July 8, 2016. It’s a result of mortgage rates dropping to … Continue reading

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