noah submitted, made popular 6 years ago - (www.rollingstone.com) » 0 Comments
If these were normal times, it would be ludicrous to issue a report card on the Obama administration's economic policies. Only a few weeks have passed since the new president was sworn in, and many important economic positions have yet to be filled.
The depths of the recession became much clearer Friday morning as the government announced that the economy shrank at a dramatic pace of 6.2% in the final three months of last year, the country's worst economic performance since 1982.
mosaic submitted, made popular 6 years ago - (www.washingtonpost.com) » 0 Comments
A new Washington Post-ABC News poll shows Americans' feelings of financial insecurity have risen significantly since mid-September, as fears about making mortgage payments have spread and more now see the economy as in a long-term, serious decline.
The nation's top economic policymaker yesterday offered a sliver of optimism in a time of gloom, saying in carefully hedged comments that growth could return next year if the financial system is put in order.
Sam submitted, made popular 6 years ago - (www.christianpost.com) » 0 Comments
The Billy Graham Evangelistic Association plans to lay off 10 percent of its staff, or 55 employees, an official at the organization said this week. Most of the employees that will be let go are from service areas such as grounds keeping and food service.
From television specials to newspaper editorials, the media are pushing the idea that current economic problems were caused by the market and that only the government can rescue us. What was lacking in the housing market, they say, was government regulation of the market's "greed."
heart submitted, made popular 6 years ago - (www.washingtonpost.com) » 0 Comments
Markets around the world plunged Tuesday as evidence mounted that the global economic crisis is worsening. Japan is suffering its worst downturn in 35 years. The British economy is facing its sharpest decline in almost 30 years. Germany is slumping at its worst pace in nearly 20 years.