Jobs report exceeds expectations. Official unemployment rate hits 9.1%. ‘U6′ at 16.1%
On the heels of a week of bad economic news, the Department of Labor's Bureau of Labor Statistics had something comparatively good in its monthly jobs report this morning. The private sector added 154,000 jobs in July, according to seasonally adj...
More worrisome economic news: Personal spending down for first time in two years as inflation eases
The parade of bad economic news just keeps coming like an endless line of clowns piling out of a tiny car at the circus. However, it's anything but entertaining as the "recession" word gets mentioned ever more frequently. Today's entries come from the...
The New Class War: Not the country club memberships!
Republicans care about country clubs a lot (Keith Allison)
I do believe Rep. Paul Broun may in fact be a bit of an idiot:
A conservative member of the House warned that one consequence of the a weak economy is declining membership at country clubs.
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On the table: austerity, and a deepening recession
Hoovernomics, again?
While we're contemplating the new spectacle of debt ceiling negotiation, or the absence of negotiation, as the case may be, Paul Krugman looks back on the structure of the Recovery Act, i.e. the original stimulus:
Look at the pea...
Arnold Schwarzenegger Seeks Return to Hollywood
The former governor of California is looking for more than cameo roles, like the one he had in "The Expendables." Permalink | Email this | Linking Blogs | Comments
99ers and the Bum’s Rush
Filed under: Humor, Chaos Theory, Unemployment, Jobs, EconomyPawn shop is across the street, by the way. Permalink | Email this | Linking Blogs | Comments
Comes the budget deluge for states and cities
Chances are good that we will see more statistics indicating a slowly improving economy this week. With the exceptions of joblessness, income growth and the housing market, that's been pretty much the case since August. We can expect the leading economic indicators as calculated by the Conference Board to be mostly positive, to see an...
There’s No Shortage of People Who Need Help This Thanksgiving
Filed under: Woman Up, Unemployment, EconomyAmerica is one of the richest countries in the world. But could any American be anything but ashamed that one out of seven of us lives in poverty? Permalink | Email this | Linking&nbs...
Fed Chief Bernanke Faces Political Pushback from Republicans
Filed under: Republicans, EconomyThe Federal Reserve is finding itself pulled into the political fray after its decision earlier this month to pump $600 billion into the economy in hopes of jump-starting the recovery. Permalink | Email t...
