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Category Archives: economy
Shared Sacrifice in Romney’s World
The stadium may have been empty but the speech certainly wasn’t. During Mitt Romney’s speech in Detroit yesterday, he laid out his bold, new economic policy. Massive tax cuts for the top bracket paid for by cutting spending on programs … Continue reading
Posted in economy, Politics, Romney, Taxes
Tagged cuts, Detroit, Medicaid, Mitt Romney, speech
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“Merchants Have No Country”
Merchants have no country. The mere spot they stand on does not constitute so strong an attachment as that from which they draw their gains. ~Thomas Jefferson Cases in point: “Some of the country’s best-known multi-national corporations closely guard a … Continue reading
Posted in Corporations, economy
Tagged General Electric, IBM, India, Jeff Immelt, jobs, merchants, multi-national corporations, outsourcing, overseas profits, tax break, Thomas Jefferson
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It’s the Jobs, Stupids
From the Washington Post: 82% say jobs are difficult to find, 85% say they are either just holding on or falling behind. Is anybody in Washington listening? Does anybody in Washington care?
Posted in Congress, economy, Obama
Tagged approve, Congress, family financial situation, jobs, Obama, Republican, Washington Post
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“A Colossal Political Failure”
Sam Pizzigati at CAF: “This “debt crisis” in no way had to happen. No natural disaster, no tsunami, has suddenly pounded the United States out of fiscal balance. We have simply suffered a colossal political failure. Our powers that be, … Continue reading
Posted in budget, Deficit, economy, Politics, Taxes
Tagged austerity, CAF, Sam Pizzigati, taxes, top 1 percent
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Schumer Backs Reid Plan
AP is reporting: “The third ranking Democrat in the Senate says a deficit-reduction proposal put forward by Majority Leader Harry Reid has the best chance of ending the political stalemate and avoiding a government default. New York Sen. Chuck Schumer … Continue reading
Posted in budget, Deficit, economy, Politics
Tagged Boehner, Chuck Schumer, default, Harry Reid, spending cuts, tax increases
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All the Bad News That Fits
“I met a girl who sang the blues, and I asked her for some happy news. She just smiled and turned away.” In the latest episode of “As the Debt Ceiling Turns”; Boehner walks, Obama has a hissy fit, and … Continue reading
Posted in Afghanistan, budget, Congress, economy, Iraq, Medicaid, Medicare, Obama, Politics, Social Security, Unemployment, Wall Street
Tagged Afghanistan, Boehner, Cisco, claims, debt ceiling, default, Iraq, layoffs, Lockheed Martin, Medicaid, Medicare, mercenary army, Obama, Pelosi, SIGAR, Social Security, spending cuts, State Department, unemployment, Wall Street
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