As the Occupy Wall Street protest continues and Warren Buffett discloses his annual income, we discuss how incomes are down more after this recession than after the last two, real family incomes have come down 7% over the past decade, and the people making an average of $27 billion a year (.01% of the population) […]
Steve Jobs (1955 – 2011) was unquestionably one of the most influential and visionary CEOs of our time.
Discussing Ron Suskind’s new book, “Confidence Men,” and its discrepancies with Steven Rattner’s own experience working with President Obama, and Steve’s article, “Suskind’s Inaccurate Revisionism” (Politico, 10/1/11), which calls Suskind’s book a “drive-by shooting of a president and his key economic advisors.”
Romney seems to be the only credible contender in a sea of candidates.
While the general sense of panic about the recession has lessened in the past few weeks, the economy is still weak. The FED should continue to run expansionary monetary policies but this is not a time to create new paradigms.
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 less competitive economy. Visit msnbc.com for breaking news, world news, and news about the economy […]
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 the purpose of job-creation.
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 the drop after 9/11. We are left wondering if the government is experiencing total system […]
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
