Economy
Latest
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Peterson-Pew in the Press
The Peterson-Pew Commission’s “Red Ink Rising” plan for American lawmakers has earned some black ink worldwide too since its release, not to mention...
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Fed Exit Strategy: Reverse Repos
How and when the Fed will unwind the massive amounts of liquidity it has provided to shore up the financial system and economy? Will the Fed be able...
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Weekend Editorial Roundup
Here are the highlights from this weekend’s editorials on fiscal and budget policy: The New York Times applauded a CBO estimate that under the health...
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November Unemployment Report
According to today's Bureau of Labor Statistics report, the unemployment rate eased back to the 10 percent politically sensitive threshold in November...
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CBO Report Discusses ARRA Effect on Jobs, GDP Growth
The Congressional Budget Office has come out with a report estimating the impact of the American Recovery and Reinvestment Act on employment and...
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Weekend Editorial Roundup
Here are the highlights from this weekend’s editorials on fiscal and budget policy: The Wall Street Journal calls the pharmaceutical industry foolish...
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Weekend Editorial Roundup
Here are the highlights from this weekend’s editorials on fiscal and budget policy: As politicians react to record high levels of unemployment, The...
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GM Outlook Improves Despite Q3 Losses
Early this week, General Motors stated that while it is still experiencing losses, it has stabilized itself enough so that the company can begin...
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High Unemployment Numbers Displayed in Interactive Graphics
Last Friday, we blogged on new information from the Bureau of Labor Statistics reporting the astonishingly high monthly unemployment rate for October...
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Weekend Editorial Roundup
Here are the highlights from this weekend’s editorials on fiscal and budget policy: The Washington Post criticized the House health care bill because...
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Unemployment Rate Now above 10%, Highest Since 1983
According to the Bureau of Labor Statistics’ monthly report, the unemployment rate made a stunning leap in October from 9.8% in September to 10.2%...
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Over 100 Banks Closed in 2009
On Friday evening, the FDIC reported that it has taken over an additional seven banks ( First DuPage Bank, Riverview Community Bank, Bank of Elmwood...