Dr. Mark W. Hendrickson On July 11,The Center for Vision &Values posted my article decrying the insulting name-calling directed toward Federal Reserve Board Chairman Ben Bernanke. The very next day,Bernanke made me question my forbearance by telling Congress that a third round of “quantitative easing,” or “QE3,” could be a near-term [...] CBS News More stores across the U.S. that offer deeply-discounted products are seeing their sales decline after years of growth amid America’s “Great Recession” — and one analyst said on Monday it’s another sign of even deeper downturn. While the demand at stores like the 99-Cent Store or Dollar Tree is still relatively high,[...] Floyd and Mary Beth Brown,FloydReports.com The worst economic conditions in recent memory were during the Jimmy Carter era of stagflation. Stagflation was a term coined in the 1970s to describe high unemployment with high inflation. Stagflation is back. Translation:America’s middle class is getting poorer;a record number of middle class workers are [...] The Washington Times The experts at the National Bureau of Economic Research say the Great Recession ended in June 2009. After that,it looked for a brief period as if there might be a surge of economic growth as an oppressed private sector fought to break free of the malaise. It hasn’t happened,and [...] Tom W. Pauken,FloydReports.com Long-term trends in the labor market have been particularly brutal for men,but our Washington policymakers appear to be either unaware of such trends or to have ignored them for the most part. Over the past decade,the total number of jobs for women went up by close to [...] Tom Purcell,FloydReports.com Boy,is uncertainty making us uncertain. Jonah Lehrer,a specialist in psychology and neuroscience,explains why in a recent Wall Street Journal article. Lehrer cites an experiment in which subjects were asked how much they would offer to pay for either a $50 bookstore gift certificate or one valued [...] Michael Reagan,Floyd Reports In his recent town-hall appearance,President Obama sought to pin the blame for the nation’s economic troubles on the so-called Bush tax cuts enacted in 2001 and 2003. That’s not all that surprising,since the president appears to believe that the federal government is the sole and rightful [...] By Floyd and Mary Beth Brown Obama debt commission member,Republican Sen. Judd Gregg of New Hampshire,launched a scary trial balloon on ABC News. Gregg suggested the debt commission will likely recommend a massive $26.7 trillion tax increase. Here are Gregg’s actual words: “Everything has to be on the table – there’s no [...] By Dick Morris And Eileen McGann The increasing consensus that we are entering a “double dip” recession is seeping into the conventional wisdom,posing a further obstacle to Obama’s attempts to keep control of Congress. Even when the conventional wisdom was that the economy was slowly emerging from recession,the [...] By Ian Swanson,The Hill The recession has gotten worse thanks to Obama U.S. Chamber of Commerce President Tom Donohue warned the U.S. faces a double-dip recession because of the taxes and regulations under consideration by the Democratic Congress and President Barack Obama. “Congress,the administration and states must [...] By Christopher S. Rugaber,AP Jobless rate reaches a 26 year high,Obama is pushing us from a recession into a depression The unemployment rate jumped almost half a point to 9.7 percent in August,the highest since 1983,reflecting a poor job market that will make it hard for [...] By MORTIMER ZUCKERMAN,Wall Street Journal Obama's policies are driving us further into the hole The recent unemployment numbers have undermined confidence that we might be nearing the bottom of the recession. What we can see on the surface is disconcerting enough,but the inside numbers are just as bad. By Nate Beeler,The Washington Examiner | |
