Post Tagged with: "recession"

The Budget Deficit Just Fell To Lowest Point Of Obama’s Presidency (Again)

image via Pixelbay

Want to make a Republican squirm? “Tax-and-Spend” Obama just dropped the deficit to the lowest point since he took office and nearly where it was before the economy crashed in 2008.

Read more ›

College Graduate’s Angry Response to College Fundraising Attempt

College Graduate’s Angry Response to College Fundraising Attempt

  Millions of college graduates are struggling today to find a well-paying job.  Some want to build a career, some a family, all a better life.  However, an overwhelming majority are simply trying to gather enough money to pay back their student loans.  Unfortunately, for many, this is a losing […]

Read more ›

GOP Rep. Thinks Extending Jobless Benefits Is ‘Immoral’

Photo of Rep. Pete Sessions (R-TX) from Wikipedia.

Jobs are necessary for people to live and eat. Barring that, they need unemployment benefits. Some in the GOP think extending such benefits is immoral.

Read more ›

U.S Federal Judge Is Stunned No Financial Executives Have Been Prosecuted

U.S Federal Judge Is Stunned No Financial Executives Have Been Prosecuted

   Anyone who has followed the economic breakdown since 2008 has pondered a simple question. Why haven’t any bank executives been prosecuted? U.S District Judge Jed Rakoff asks the same question in a recent piece published in the New York Review of Books. It has been five years since the […]

Read more ›

Business Lobby Realizes Too Late That They Created A Monster By Backing The Tea Party

John Darkow, Columbia Daily Tribune, Missouri, from Cagel Cartoons

The business lobby thought they had control of the House all sewn up. The Tea Party has proved them wrong. Now big business is facing the monster it made.

Read more ›

Boehner Acts Like Adult, Tells Caucus He Won’t Let Default Happen

John Boehner Acts Like Adult, Tells Caucus He Won't Let Default Happen
Image Credit: gage Skidmore via Flickr.com

(PHOTO) Is Speaker of the House John Boehner showing signs of becoming an adult? On Wednesday, he held a private meeting with House Republicans and one of them told the New York Times — anonymously, of course — that the Speaker said he would not allow the federal government to […]

Read more ›

Australia Is Proof That America Should Raise Its Minimum Wage (VIDEO)

My Dad needs a living wage.

On the issue of America’s minimum wage, conservatives continue to cling to long discredited ideas. Let us look down under to show them how wrong they are.

Read more ›

Paul Krugman: The Big Bad Deficit Is Gone

Plllllease let these fools listen to me!

Who are you going to believe? The Nobel Prize winning economist who’s been right about everything for years on end or the people that crashed the economy and made billions off our suffering?

Read more ›

Ever-Growing Income Inequality Is Bad For Economic Recovery

Income inequality; David G. Klein @ The New York Times

There simply aren’t enough people in the 1% to spur the demand that’s needed, and we’ve spent 30 years watching the trickle-down theory fail miserably.

Read more ›

Wall Street Journal Hack Fails Econ 101, Insists Spending Cuts Are The Only Solution (VIDEO)

Wall Street Journal Hack Fails Econ 101, Insists Spending Cuts Are The Only Solution (VIDEO)

He’s a member of the Wall Street Journal editorial board and has a Master’s in Economics, yet he fails a problem even a 5th grader can solve.

Read more ›

New Study Demolishes Right-Wing Mantra About The ‘Lazy’ Unemployed

New Study Demolishes Right-Wing Mantra About The ‘Lazy’ Unemployed

Unemployed people waiving benefits saved the government upwards of a billion dollars during the recession.

Read more ›

Cost Of Bailout For Fannie Mae, Freddy Mac Expected To Majorly Drop

Cost Of Bailout For Fannie Mae, Freddy Mac Expected To Majorly Drop

In yet another piece of good news for President Barack Obama’s campaign, the bailouts are expected to end up costing the country far less than was originally thought.

Read more ›

American Crossroads Puts Clint Eastwood In New Ad (VIDEO)

American Crossroads Puts Clint Eastwood In New Ad (VIDEO)

In a pro-Romney advertisement, Clint Eastwood accidentally agrees that Romney would lead us back to economic ruin.

Read more ›

Revised Data Shows Job Growth Under Obama

Revised Data Shows Job Growth Under Obama

The Bureau Of Labor Statistics released a revised job numbers report Thursday that reveals there were 386,000 more jobs created since 2011 than had been previously counted.

Read more ›

How To Really Assess The State Of Our Economy

How To Really Assess The State Of Our Economy

Every time I switch on the television or open my internet browser, I am bombarded with discussions about the US economy.

Read more ›

America’s Internal Colonialism

America’s Internal Colonialism

This internal colonialism is not only destroying people, but also the very environment that everyone- including the bankers and industrialists- live on.

Read more ›

What Past Presidents Thought About Big Banks

Image from http://www.indybay.org/newsitems/2010/04/27/18645943.php

The Occupy Wall Street protesters have been standing against the big banks for a few months now. They are protesting the greed, irresponsibility, and fraud that banks like Bank of America, Citigroup, and JPMorgan Chase commit on a daily basis. The big banks of Wall Street caused an economic collapse.

Read more ›

John Boehner Threatens To Take America Hostage In Second Debt Showdown

John Boehner Threatens To Take America Hostage In Second Debt Showdown

In the wake of the debt deal in August 2011, Senate Minority Leader Mitch McConnell admitted that the Republican Party took America hostage to get their way and said they would do it again

Read more ›

The Titanic: One Hundred Years Later, The Unthinkable Lives On In The Form Of Too Big To Fail

The Titanic: One Hundred Years Later, The Unthinkable Lives On In The Form Of Too Big To Fail

The Great Recession of 2008 – the worst economic upheaval since the Great Depression of the 1930s – brought the world to the edge of the precipice. It was yet another painful reminder that not only aren’t unregulated markets rational, they can be responsible for causing untold carnage if given half a chance.

Read more ›

Sarah Palin Criticizes President Obama On Fox & Friends, Says He’s Not Fit To Serve (VIDEO)

Sarah Palin Criticizes President Obama On Fox & Friends, Says He’s Not Fit To Serve (VIDEO)

Desperate for media attention as always, Palin appeared on Fox & Friends and after fielding the obligatory leading question from Gretchen Carlson, savaged President Obama and his handling of the economy.

Read more ›
x
Click "Like" to get the latest updates