Another sure sign of the recession. This is the highest rate in 5 years. Something interesting I just saw. I had on Morning Joe and he was talking to Erin Burnett of CNBC. They were trying the usual “sugar coating” of the economy when Burnett was handed a piece of paper. She looked at it […]
Here is his own 3am ad: Pretty interesting coming from a man who’s top economic adviser is considered one of the key culprits in the entire subprime mess. Speaking of Phil Gramm, let’s look at his employer: The spiraling crisis in the credit and housing markets has kept Gramm in focus, fairly or not. His […]
The feds cut interest rates by 3/4 of a point, down to 2.25%. God bless the Bush economy! More money for the greedy.
Bush just said the economy is having a “rough time”. This is a step up from a “slowdown” a couple of week ago. Of course he is insisting that they are on top of it and will fix it. I agree – it will be fixed as soon as a Democrat is in the White […]
This should make all the people suffering feel better: The White House said on Friday that it was disappointed in the biggest monthly decline in nearly five years in U.S. job payrolls and that the current quarter would be difficult for the U.S. economy. “This quarter’s going to be a difficult quarter for the U.S. […]
Another sign of our “slowing down” economy – construction spending takes it’s biggest nose dive since 1994.
Our “slowing down” economy. The dollar is now near record lows. Remember though – the economy is cyclical. It just so happens those cycles always seems to hit when a Republican is in the White House.
This is a man who can take whatever the Republicans want to throw at him: “We are not standing on the brink of recession because of forces beyond our control,” Obama told a town hall forum in Austin. “This was not an inevitable part of the business cycle. It was a failure of leadership in […]
That’s how our economy is being described: The economy skidded to a near halt in the final quarter of last year, clobbered by dual slumps in housing and credit that caused people and businesses to spend and invest more sparingly. The Commerce Department reported Thursday that the gross domestic product increased at a scant 0.6 […]