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04/28/05 :: By S.M. Dixon Republican Recklessness: GOP Passes Do-Nothing BudgetCategories :: Breaking News :: Economy :: Republicans
The Republican Party blows it again, passing a budget deal for a budget that does nothing to address the economic and social problems Americans face..
04/19/05 :: By William Hare Welcome to the Cheney-Bush Banana RepublicCategories :: Economy
Since the progressive income tax was introduced in 1913 during the administration of President Woodrow Wilson there was a basic understanding existing even among mainstream conservatives that to tamper with progressivity could result in a basic negative for America, even among wealthier Americans and certainly regarding major corporations. A dynamic economy, after all, is dependent upon major purchasing power from the middle class.
04/12/05 :: By S.M. Dixon It's Still the Economy, Stupid!Categories :: Economy
The GOP continues its reign of fiscal incompetance...
04/11/05 :: By S.M. Dixon The GOP Blows Another Hole Into the EconomyCategories :: Economy
The Republican Party's pattern of mismanagement continues...
04/05/05 :: By S.M. Dixon Bush Gives the Finger to His CreditorsCategories :: Economy :: George W. Bush :: Social Security
Bush is getting desperate to destroy Social Security, but his rhetoric may lead to a lot more than Social Security's destruction...
03/18/05 :: By William Hare A Vigorous Response to Economic PredatorsCategories :: Economy
Jacques Kinau is an economic specialist operating from the Institute for Research in Washington. His specialty is tax policy and his latest work, “Start Your Own Tax-Exempt Think Tank” is both an instructive guide as to how the powerful became much more so at the distinct expense of the middle class as well as how to correct these appalling disadvantages through self-help.
01/12/05 :: By Tom Ball Bush Sets Historic Landmark: Largest US Trade Deficit EverCategories :: Economy
More inflation? Higher rates? Secretary Snow forgot to address these issues. More worrisome, Republicans will likely use this data as 'evidence' that high wages in the US are stifling consumer demand for domestic made goods in favor of cheaper goods from abroad (Read: Wal-Mart and China).
12/20/04 :: By Bonnie Yarbrough Notable Quotes.2: Weekend WindsCategories :: Blowhards :: Bush Administration :: Economy
The primary topics in the websphere this weekend, however, center on three tangled but related attack threads: the Economic “Summit,” the marketing of the Social Security “crisis,” and the continuing attacks on Rumsfeld’s Iraqgate.
12/08/04 :: By Tom Ball Could the US Dollar Lose its Status as the World's Reserve Currency?Categories :: Economy
Wall Streeters are quick to jump on today's US Dollar rally as the possible tuning point in the disastrous collapse of the only 'global currency'. And they may be right. Nevertheless, even a significant retracement will do little to counter the 3-year, 35% drop in the Greenback against the Euro (24% against the Yen -- a drop mitigated by the threat of Japanese Central Bank intervention). In fact, the Economist is warning of a bleak future for the buck and in turn for the US economy.
10/21/04 :: By Tom Ball Is the Bush Administration Supressing the Price of Gas?Categories :: Economy
I guess suppressing only the vote isn't enough for this administration. It seems that the price of gas has suspiciously dropped in the face of rocketing oil prices. This is directly counter to the tight correlation that this commodity and its derivative have experienced in past years.
10/08/04 :: By Tom Ball Job Growth Weaker Than ExpectedCategories :: Economy
Now Bush is screwed with rest of America and he will pay for it in the debate tonight.
10/06/04 :: By Tom Ball Friday's Payroll Numbers Could Sway the ElectionCategories :: Economy :: Election 2004 :: Propaganda/Spin
Regardless of Friday's release of payrolls and the unemployment rate, one of the candidates will be touting it as proof of their assertions...either Kerry, "I told you Bush's economic policies suck." or Bush, "I told you my economic policies don't suck." Also regardless of this data release's outcome, Kerry will be right.
09/15/04 :: By Tom Ball Bush Brings a Half Trillion Dollar Hike in Household Energy PricesCategories :: Economy
Boy, I thought $4 for a gallon of milk was the reason my wallet is paper-thin. I never really blamed my energy bills. I always figured I was jacking up the AC a bit too much or that I stepped over the line pampering myself with a blistering winter performance by my antiquated heater.
09/04/04 :: By Tom Ball There's Bush and There's RealityCategories :: Economy :: Propaganda/Spin
Today, it was announced that the economy added 144,000 new jobs in August.
09/03/04 :: By Cary W. Blankenship Not Just SoftCategories :: Economy
09/02/04 :: By Delton Murphy The Cowardly Lion: See Arnold RunCategories :: Economy :: Election 2004 :: Hypocrisy :: Schwarzenegger, Arnold
Arnold gets to spoof a line that was used on Saturday Night Live to spoof him over a decade ago. How clever. How ironic. How typically Arnold.
08/11/04 :: By Cary W. Blankenship Comrade Bush: We have exceeded the Five Year PlanCategories :: Economy
Now Comrade Bush and his Commissar for Politics Karl Rove are trying to emulate the old Soviet masters of deception. In a total disconnect Bush tells audiences that the economy is robust, improving, creating jobs and sound. If you utter a word otherwise you are being pessimistic and unpatriotic. The newscasters on CNBC, MSNBC, CNN and FOX have adopted Bush’s position. They try to find alternative statistics that show the economy really moving forward. The only thing they can point to is the jump in profits. Well, from a corporate point of view profits are grand, but from a macroeconomic point of view it can be disaster.
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