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Oct 18 2014
News
Blue State Blues: California Republicans Waste Crucial Rebuilding Year
California governor Jerry Brown is riding so high in the polls that there is virtually no political force that can stop him. In retrospect, his success was almost guaranteed once he convinced California voters to approve a "temporary" tax hike in 2012's Proposition 30 (one that Democrats now want to make permanent). That, plus a modest economic recovery, increased revenues enough to allow him
Breitbart NewsOct 04 2014
News
Economists Warn That Stalled Wage Growth Could Be 'Snuffing Out Wider Recovery'
Where are the pay raises?
Employers in the United States are hiring at a brisk pace. Unemployment has sunk to a nearly healthy rate. Jobs are being filled across a range of industries.
Yet the September jobs report released Friday contained a puzzling fact: Paychecks still aren't growing.
Economists regard stagnant wages as a red flag for the 5-year-old recovery. Robust
Newsmax (News)Jul 26 2022
Headline Roundup
How Do We Know if We’re in a Recession?
Some voices from the right have accused the Biden administration of trying to “redefine” how a recession is measured. How will we know if the U.S. economy has entered a recession?
The debate around defining recessions kicked off with a White House blog post from July 21 which said the common definition — two consecutive quarters of GDP contraction — was “neither the official definition
CNBC Washington Post Fox BusinessOct 02 2019
News
How President Pence Would Blow Up 2020
If the Senate were to remove President Donald Trump from office—which could happen only on a bipartisan vote—the 2016 election results wouldn’t be overturned. Democrats wouldn’t control the White House. America’s reward for convicting Trump would be President Michael Richard Pence.
Nine out of every 10 Republican respondents said in a Quinnipiac poll released Monday that Trump should
PoliticoNov 08 2012
News
Bill O'Reilly: What the heck happened last night?
Boy, do I have a story to tell you about the presidential vote, so perk up. Here we go. I thought Mitt Romney was a good choice to run against President Obama because of his economic experience. Also the Governor is a free market capitalist and offered a stark contrast to the President who wants the federal government to drive the economy. The campaign unfolded slowly as most Americans did not
Fox News DigitalJul 28 2022
Headline Roundup
US Economy Shrank for 2nd Consecutive Quarter
The U.S. economy shrank for the second consecutive quarter, meeting the common definition of an economy in recession.
The Bureau of Economic Analysis (BEA) reported Thursday that U.S. gross domestic product (GDP) shrank 0.9% between April and June, after contracting 1.6% in the first quarter of 2022. Economists surveyed across the spectrum expected slight GDP growth in Q2, between 0.5
Washington Examiner CNN Business Wall Street Journal (News)Sep 24 2019
News
What happens when a president feuds with nation’s largest state?
The rift between the White House and California has become a chasm, raising questions about the future of states’ rights and whether the tension will harm the nation’s largest state.
It has become a battle royal: the leader of the world’s largest economy versus the leaders of the fifth largest, with little incentive for a cease-fire.
We are talking, of course, about President
Christian Science MonitorOct 02 2012
News
Policy Basics: Where Do Our Federal Tax Dollars Go?
The federal government collects taxes in order to finance various public services. As policymakers and citizens weigh key decisions about revenues and expenditures, it is instructive to examine what the government does with the money it collects. In fiscal year 2011, the federal government spent $3.6 trillion, amounting to 24 percent of the nation's Gross Domestic Product (GDP). While the
Center on Budget and Policy PrioritiesJun 14 2019
News
Hong Kong Protests
“Hundreds of thousands of protesters marched through Hong Kong [last] Sunday to voice their opposition to legislation that would allow people to be extradited to mainland China where they could face politically charged trials.” (AP News)
Despite the odds, both sides are cheering the protestors in their fight against China:
“For any protest anywhere, a million marchers would be
The Flip Side