The middle class in America is shrinking: numerically in terms of the percentage of the total population, as well as qualitatively in terms of the quality of life.
This post originally appeared on Western Journalism – Informing And Equipping Americans Who Love Freedom
By ALLAN H. MELTZER, The Wall Street Journal
The administration’s stimulus program has failed. Growth is slow and unemployment remains high. The president, his friends and advisers talk endlessly about the circumstances they inherited as a way of avoiding responsibility for the 18 months for which they are responsible.
But they [...]
Investors Business Daily
Economy: Now that the bad news of Chicago’s failure to land the 2016 Olympics is out, can we move on and do something about an economy that’s bleeding jobs?
Almost lost in the Olympic hoopla was news that the U.S. shed 263,000 jobs in September and [...]
Obama’s policies are prolonging and worsening the depression
U.S. employers cut a deeper-than-expected 263,000 jobs in September, lifting the unemployment rate to 9.8 percent, according to a government report on Friday that fueled fears the weak labor market could undermine economic recovery.
The Labor Department said the [...]
By Martin Crutsinger, Yahoo Finance Foreign demand for long-term U.S. financial assets dropped by the largest amount in four months in May, as Japan and Russia trimmed their holdings of Treasury securities. The Treasury Department said Thursday that foreigners actually sold $19.8 billion more long-term U.S. securities than they purchased in May. That compared with [...]