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 […]
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 […]
That is the approach the fed seems to be taking towards the economy: Federal Reserve Chairman Ben Bernanke, warning Congress of a period of sluggish business growth, sent a fresh signal Wednesday that the central bank will again lower interest rates to steady the teetering economy. “The economic situation has become distinctly less favorable” since […]
We are now hearing that gas prices could reach the $4 a gallon mark this spring. The Euro has also gone up to $1.50 against the dollar. All this a day after Bush says that we are not in a recession, but rather a “slowdown”. Don’t you feel better now?
Earlier this week, Bush was in Florida to speak about our “robust and strong economy”. As matter of fact, that is what all his speeches are suppose to focus on in the near future. I wonder if this news will change that agenda? The nation’s economy generated 113,000 jobs in July, the Labor Department reported […]
More proof has surfaced that our planet is heading towards disaster: An important wind circulation pattern over the Pacific Ocean has begun to weaken because of global warming caused by human activity, something that could alter climate and the marine food chain in the region, new research suggests. It’s not clear what climate changes might […]