From the category archives:

Politics & Government

May jobs report show that the economy still sucks

June 4, 2012

Employers added just 69,000 jobs in May, about half of what was expected, and the unemployment rate ticked up to 8.2 percent, the government said Friday in an awful jobs report that offered incontrovertible evidence that the U.S. economy is slowing sharply. Read more: http://www.stltoday.com/news/national/jobs-report-is-bad-news-for-economy/article_a1c9026c-04df-5ead-a99c-9a1ccd788173.html#ixzz1wqpXUU7c

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Occupy movement calling for a ‘general strike’ on May Day

April 30, 2012

NEW YORK (CNNMoney) — The Occupy movement is organizing a nationwide protest on Tuesday, asking Americans not to attend work or school on a day that’s already a progressive holiday overseas. In what Occupy organizers are calling “a day without the 99%,” protesters are planning to participate in a “general strike” on Tuesday: no work, […]

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Fed Bernanke: job market still sucks, household income is flat, and Obama’s economic policies still stink

February 29, 2012

NEW YORK (CNNMoney) — Federal Reserve Chairman Ben Bernanke headed to Capitol Hill Wednesday to give Congress his semi-annual report on the economy, and what he had to say wasn’t exactly rosy. The job market remains “far from normal,” household income is flat and access to credit remains too tight for many people, he said. […]

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Gingrich, Romney, and Santorum would add to our debt and deficits; conversely, Ron Paul offers a decrease

February 26, 2012

NEW YORK (CNNMoney) — Newt Gingrich’s economic plan would do a lot of things. But reducing the debt and balancing the federal budget aren’t among them. Same goes for Rick Santorum’s and Mitt Romney’s economic plans. Indeed, a preliminary analysis by the independent Committee for a Responsible Federal Budget released Thursday estimates that the three […]

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From the ‘What’s he smoking?’ department: Obama predicts 2 million more jobs to be added in 2012

February 21, 2012

NEW YORK (CNNMoney) — The United States economy is on the road to recovery, the White House said Friday, with stronger job growth expected this year. But income inequality and Europe’s debt crisis could still pose challenges, according to a report released by President Obama’s Council of Economic Advisers. Read more about this wishful thinking.

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Like Barack Obama, Mitt Romney is not like or for the average middle class American

January 29, 2012

Like Barack Obama, Mitt Romney thinks he’s one of us, the average American, that he can identify with the working class or middle class American. Obama has never held a regular job. He’s lives off politics and the public dole. Romney has had many jobs, basically building his wealth on the backs of average Americans. […]

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Survey of top economists give Obama only a ‘fair’ rating in handling the economy

January 2, 2012

From the New York Daily News: Turns out, economists live in the same America as the rest of us. The Associated Press surveyed 36 top experts on money and markets from across the political spectrum last week. They rendered a familiar verdict on President Obama’s approach to restoring America to prosperity. Just half of the […]

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