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  • How much is too much?
    U.S. firms are adding more debt
    The sharp tick-up of corporate debt should sound a warning to investors: The increasing returns they are currently enjoying are coming from the stretching of balance sheets, and not from genuine growth of their investments.History, as every...
  • Bush tax cuts cost each American $48,000 in lost income over 12 years report finds
    Bush tax cuts cost each American $48,000 in income over 12 years report finds
    A new analysis by Pulitzer-Prize winning reporter David Cay Johnston, formerly of the New York Times, found that rather than boost the economy, the Bush tax cuts actually robbed each American taxpayer of $48,000 in pre-tax personal income during...
  • Recession in 2014
    Almost three percent economic decline signals recession
    After revising the first quarter GDP growth from 0.01 percent to a decline of 0.1 percent, the Bureau of Economic Analysis of the Commerce Department now reports today the revised figures show the economy declined by 2.9 percent in the first...
  • An empty and rainy Wall Street is viewed on April 30, 2014 in New York City.
    Obama Wreckovery: Economy shrinks by one percent in first quarter 2014
    The pattern of the Obama Regime putting out phony economic statistics that look better than reality then later quietly revising them when they hope no one notices continues. The Regime had previously released an economic report claiming the United...
  • President Barack Obama
    The Coming Obama Depression 2.0
    We've lived through the Obama Depression, which was caused when Barack Obama's progressive economic policies, that were designed to deliberately destroy our relatively free market economy to replace it with a socialist one, turned what was...
  • Obama at presser
    Obama’s claims about lower health care costs under ACA shot down by NYT?
    "The truth will out." Even a liberal rag like the New York Times will suffer a pang of conscience every now and then that forces them to publish the facts in place of left-leaning opinion, if only for a fleeting moment.One such moment...
  • Economic reality contradicts political spin
    Economic reality contradicts political spin
    While politicians concerned with winning elections continue to insist that the economy is in a solid recovery the numbers tell a much different story. While it is true that the economy is growing and that by definition means recovery, the anemic...
  • B. Hussein Urkel
    12 signs that the U.S. economy is heading toward another recession
    A web site called The Daily Sheeple has published and article by Michael Snyder outlining the top 12 signs that the economy of the United States is about to fall back into recession. If one believes the economy has ever come out of the &ldquo...
  • Radio Shack is closing stores around the nation
    Radio Shack closing stores: One fifth of United States locations being shuttered
    Radio Shack is about to shutter 1,100 stores in the United States. That's about one fifth of all the locations of these electronics stores in this nation. This move comes after the chain's stock dropped by 16 percent.On March 4, the...
  • Scary Parallel
    2014 a wild ride ahead
    Between the CBO (Congressional Budget Office) report issued last week and other signs, 2014 will prove to be an interesting year. We are into the sixth year of the Obama presidency, seven years since the recession and five years into &ldquo...
  • Economy's downturn five years ago impacting alcohol use today
    Economy's downturn five years ago impacting alcohol use today
    The recession of 2008-2009 has a long reach when it comes to alcohol use disorders, aka alcohol abuse and the disease of alcoholism. New research in Alcoholism: Clinical and Experimental Research indicates some Americans still struggle to make...
  • Eugene Fama Wins Nobel Prize in Economics 2013
    NOBEL Winner “E. Fama” Discredits U.S. Labor Data
    Eugene Fama, shared this year’s Nobel Prize for Economics, with Robert Schiller and Lars Hansen. The Nobel Prize is split between the three winners....the total is worth $1.2 million USD.Eugnen Fama has often been given the title of modern...
  • Holiday shopping numbers forecast economic recession in 2014
    Holiday shopping numbers forecast economic recession in 2014
    On Nov. 14, Gallup published a new poll which showed that most Americans will be spending approximately 10% less this holiday shopping season than last year, and upwards of 19% less than in 2007 and 1999. Because of these steep estimated declines,...
  • Industrial Plant Workers
    Can America provide enough jobs?
    Currently there are 155 million in the civilian workforce. About 11.3 million[1] or 7.2% are unemployed and 144 million have jobs, many without security.In the last five years, the employment–population ratio has gone from 61.9% in September...
  • Abandoned malls
    The Obama depression shown by pictures and videos
    The current recession started some time in 2008 and as a result of the increased taxes and regulations under the Barack Obama Regime, it turns into a depression some time during 2009 or 2010. One of the major trends caused by the Obama Regime'...