The US government’s investment in the fields of infrastructure and research & development has been steadily declining over the last few decades. The shift in government spending from investment to more consumption-oriented things has led to a less productive and … Continue reading
The national deficit has actually come down approximately $250 billion over the last year and a half, which is actually detrimental to the short-term recovery process in terms of jobs – the government could put this money into the economy for … Continue reading
As the duration of unemployment hits an unprecedented level — the national average is currently 40 weeks — studies show that the American people’s confidence in Washington has dropped by almost 16% after the debt ceiling debate — almost twice … Continue reading
America’s current problem is not the deficit or the S&P credit downgrade, it is the fundamental health of the US economy, including lack of jobs and lack of income.
Discussing the Federal Reserve monetary policy, the outlook for another round of quantitative easing and President Barack Obama’s economic policy. Click here for video
For the first time in the nation’s history, Standard & Poor’s downgrades US credit rating. The Morning Joe teams discusses the downgrade and how the global markets are responding.
Politics of the Economy – Effects of the S&P downgrade and impact on jobs and unemployment
The debt deal finally passes, but with the exception of an initial drop in spending, does not offer a solution to the deficit.
As the debt deadline of August 2nd approaches, the Morning Joe team takes a look at revenue vs. spending over the last 10 years, as well as the decrease in tax rates for the wealthiest 2% of Americans over the last … Continue reading
Senator Henry Reid reported that this weekend’s negotiations on the debt deal broke down again due to the Republicans’ insistence on a short term deal. The Democratic deal aims to compromise, proposing to raise the debt celing, cut $2.7 trillion over the … Continue reading