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Wednesday, June 20, 2018

Broken Promise: Trump Must Borrow 84 Percent More To Finance Debt

Donald Trump didn’t mention the national debt or budget deficits in his first State of the Union address, possibly because his own policies have left him with nothing good to say on the matter. Thanks to lower tax receipts resulting from the tax scam pushed on the American people by Trump and the GOP, the administration […]

February 4, 2018

What Do We Tell The Children About Their Country Now?

For the moment, I assured the children that Donald Trump, in his victory speech, promised to unite the country and be fair to everyone — to be nicer, in the vernacular of elementary school.

November 9, 2016
Republican presidential candidate Donald Trump speaks following a news conference, at his Turnberry golf course, in Turnberry, Scotland, Britain June 24, 2016. REUTERS/Clodagh Kilcoyne

5 Ways A Trump Win Could Be Worse For The Economy Than Brexit

As world markets crumbled, Donald Trump was in Scotland, inexplicably doing a commercial for his Turdberry golf course, celebrating the British vote to leave the European Union with a promise that America was “next.” Is that a threat?

June 27, 2016
U.S. President Barack Obama delivers a statement after the Supreme Court left in place a lower court ruling blocking his plan to spare millions of illegal immigrants from deportation and give them work permits, at the White House in Washington, U.S., June 23, 2016. REUTERS/Carlos Barria

Obama Tries To Limit Fallout From British EU Exit Vote

The Brexit result rattled Wall Street and many other financial markets, with global stock markets losing about $2 trillion in value on Friday. Obama had warned during a visit to London in April against Brexit, or Britain’s exit from the EU, in an unusually strong intervention into British politics.

June 24, 2016
Trump richest cabinet

A Trump Presidency Would Sink All Boats

Hello, investors. Come join the foreign policy experts in daily panic attacks over what a President Donald Trump would mean for your world. What does one do about a candidate whose tax plan would send America into the fiscal abyss — who flaps lips about not making good on the national debt?

June 7, 2016
South Bay Boston

Sorry, Grandpa, Your Infrastructure Is Not My Infrastructure

Give me liberty and give me infrastructure. Don’t make me choose. What’s one without the other?

June 3, 2016
U.S. President Barack Obama toasts with Argentina's President Mauricio Macri during a state dinner in the Centro Cultural Kirchner as part of President Obama's two-day visit to Argentina, in Buenos Aires March 23, 2016. REUTERS/Carlos Barria

5 Reasons Barack Obama Doesn’t Get The Credit He Deserves

The stock market nearing new highs? Bubble! Jobless claims at a 43-year low? The numbers must be fake! More than 20 million Americans gained health insurance? Obamacare can’t possibly be helping anyone because I know a guy who knows someone’s doctor who said…

May 2, 2016
U.S. Democratic presidential candidate Hillary Clinton speaks at the Michigan Democratic Party meeting in Detroit

5 Reasons Democrats Need To Be Terrified About November

For one: Democratic voter turnout has been 285 percent worse in primary states with new voter ID laws than those without them.

March 7, 2016

Meet Canada’s Very Own Donald Trump

It’s not often that Canadian businessmen make comments bombastic enough to garner attention in the American news cycle, but Kevin O’Leary is determined to change that.

January 14, 2016
Maine has had less than 3 percent growth since 2010. LL Bean is the flagship retailer of the state. Photo: StormFall via Flickr

Which States Have The Most Job Growth Since The Recession?

Although the nation’s unemployment rate has been around a seven-year low of about 5.4 percent, job growth among the states has been uneven, with several showing only meager gains more than five years removed from the depths of the Great Recession.

May 27, 2015
US Senate Minority Leader Mitch McConnell speaks at the US Capitol in Washington, DC, December 10, 2014 (AFP Photo/Saul Loeb)

Republicans Now Take Credit For The Recovery They Sabotaged

Mitch McConnell wants credit when things go well, but he’ll keep blocking any good ideas that come from the White House.

January 17, 2015

Overseas Problems Won’t Derail Growing U.S. Economy, Analysts Say

Here’s why the American economy is outpacing the rest of the world.

January 6, 2015

Wage Stagnation Puts The Squeeze On Ordinary Workers

A rising tide is supposed to lift all boats — but many working Americans are drowning.

December 29, 2014

Cartoon: Russian Economy Faces Recession

But after 70 years of Soviet Communism, who cares?

December 3, 2014

Japan Premier Calls Election, Puts Off Tax Hike

Learn more about the crisis in Japan’s government.

November 18, 2014

Japan Falls Into Recession

Historically the world’s third largest economy, Japan has entered a recession.

November 17, 2014

Broad Prosperity For America Seems Increasingly Out Of Reach

Americans may have voted for a Republican majority, but the likelihood of them actually working to grow the middle class? Not so much.

November 8, 2014

Four-Week Average Of Initial Unemployment Claims Falls To 14-Year Low

See the latest good news for the economy.

November 6, 2014

U.S. Economy Grew 3.5 Percent In Third Quarter

Get the latest good economic news.

October 30, 2014

Fannie And Freddie Must Go

Have we learned nothing from the great recession?

October 30, 2014

Economy Turns Baby Boomers Into Entrepreneurs

By Janet Kidd Stewart, Chicago Tribune Bohnne Jones didn’t count on having to fire her husband, Larry. And David Whiting works six days a week at his smoothie franchise, knowing he would have made substantially more had he left his retirement money in the stock market. Despite the challenges, these baby boomers, and others, are […]

July 17, 2014

U.S. Economy Contracts A Steep 2.9 Percent In First Quarter

Washington (AFP) – The U.S. economy shrank much more than previously estimated in the first quarter, in the sharpest contraction in five years, the Commerce Department said Wednesday. Gross domestic product fell at a 2.9 percent annual pace in the first three months of the year, much worse than the previous estimate of 1.0 percent. […]

June 25, 2014

Study: When Money’s Tight, Humans Define ‘People Like Me’ As More Deserving

By Melissa Healy, Los Angeles Times In the recession from which the United States is recovering, unemployment among blacks and Latinos has been deeper and more entrenched, incomes in black and Latino communities have fallen more sharply and recovery has been slower and far less complete. Labor economists cite a host of structural and institutional […]

June 10, 2014

Economy Adds 217,000 Jobs In May; Unemployment Rate Holds At 6.3 Percent

By Jim Puzzanghera, Los Angeles Times WASHINGTON — The economy added 217,000 net new jobs in May and the unemployment rate held steady at a more than five-year low of 6.3 percent, the Labor Department said Friday. With May’s job growth, the economy reached a milestone — it has now recovered all the jobs lost during […]

June 6, 2014

Shifting Global Economy Requires New Approach To Education

Watching a graduation awards program at a parochial high school last week, I smiled with the soon-to-be grads, most of whom seemed giddy with anticipation at the next phase of their lives. It’s the season for those rituals — the ceremonies, the parties, the congratulatory toasts. The program that I attended involved sons and daughters […]

May 17, 2014