More bad economic news for the real people of America – the workers: The unemployment rate in the U.S. soared to a 26-year high of 10.2 percent in October and employers cut more jobs than forecast, underscoring why Federal Reserve policy makers say interest rates will remain low until the labor market recovers. Payrolls fell […]
Wow: Consumer prices plunged by the largest amount in the past 61 years in October as gasoline pump prices dropped by a record amount. The Labor Department said Wednesday that consumer prices fell by 1 percent last month, the biggest one-month decline on records that go back to February 1947. The drop was twice as […]
Think Progress has an interesting post up about the White House staffers getting a raise while at the same time opposing an increase on the minimum wage: This year the highest paid staffers in the White House – including Karl Rove, Dan Bartlett and Steven Hadley – got a cost-of-living adjustment of $4,200, boosting their […]
While Bush strummed people drowned. While Bush ate cake people had fearful waits on their roofs while as the flood waters rose. Bush’s inactions in the wake of Katrina’s devastating landfall will be remembered for a life time. His other inactions and the inactions of the Republican run Congress will be felt for a life […]