Category Archives: ECONOMY

Economists: It Doesn’t Look Good For U.S. Economy In Next Decade

By Mark Felsenthal Reuters … the United States has failed to learn its lesson from the financial crisis and continues to implicitly back its largest financial institutions. To hear a number of prominent economists tell it, it doesn’t look good … Continue reading

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For The Jobless, Cold Comfort In “Improving” Economy

By Lila Shapiro HUFFINGTON POST New York — This week, the economy flashed multiple signs of improvement, from encouragingly brisk expansion on the factory floor to a slowdown in layoffs. Yet for the 15 million Americans still officially without work, … Continue reading

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Most Americans Say Tax The Rich To Balance The Budget: Poll

REUTERS Most Americans think the United States should raise taxes for the rich to balance the budget, according to a 60 Minutes/Vanity Fair poll released on Monday. President Barack Obama last month signed into law a two-year extension of Bush-era … Continue reading

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Trends in Income Inequality: The Endgame Is Extreme Civil Unrest

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The Day of Reckoning Is Here

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President NAFTA Backs President SHAFTA

By Jeff Cohen HUFFINGTON POST It was a stunning spectacle yesterday afternoon when former President Clinton took the podium from President Obama in the White House briefing room to help shove the Obama-GOP tax deal down the throats of Democratic … Continue reading

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Sanders Filibuster Begins…

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Q: Whose Taxes Are Going Up?

A: Individuals making less than $20,000/year and families making less than $40,000/year. YOU’LL NEVER GUESS WHOSE TAXES ARE GOING UP BECAUSE OF THE TAX COMPROMISE By Jason Linkins HUFFINGTON POST You know, with all the talk about who is mad … Continue reading

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Europe’s Shell Game

Planet Money Europe is borrowing money to bail out countries that got in trouble by borrowing too much money. Satyajit Das explains that European countries aren’t actually putting their own money into that trillion-dollar bailout fund. Instead, the fund will … Continue reading

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