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Economy - Economics USA

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EconomicPolicyJournal.com

Despite his positioning of the story as Arnold Schwarzenegger wanting to do the right thing and the California legislature as not co-operating, the facts are accurate. There is no way out. Like Greece , the politicians can't cut for fear...

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arclein

A global social crisis has long preceded the economic crisis, and has only been exacerbated by it. The great shame of human civilization is the fact that over half of it lives in abysmal poverty.

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Businessinsider.com/

The average monthly U.S. population growth over the last ten years has been 211,000. Thus the U.S. economy has to create jobs at a higher rate than its population growth, or more precisely its workforce growth...

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Businessinsider.com/

But optimist though I am, I can't rule out disaster. So, either we have a slow-growth economy for 5-6 years, or we hit the wall all at once. Think depression if it's the latter. Either way, it's a tough investment environment.

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hartfordbusiness.com/news

U.S. employers announced plans to reduce payrolls by 67,611 jobs in March, a 61 percent increase from February, outplacement consultant Challenger, Gray & Christmas Inc. said Thursday.

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Wall Street Journal

So the wave of corporate writedowns—led by AT&T's $1 billion—isn't caused by ObamaCare after all. The White House claims CEOs are reducing the value of their companies and returns for shareholders merely out of political pique.

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The Atlantic / Megan McArdle

Henry Waxman is summoning four CEOs to Washington to explain [writeoffs required by the new government health program]. There's no chance they are going to explain the accounting code to Congress; explaining how to boil water would challenge the form

www.universityofreason.com/a/29887/KWADzukm