Articles tagged with: economy
America’s Golden Age Is Behind Us
After weathering the enormous economic shocks of 2008 and 20o9, it seemed as if the U.S. economy was headed back to healthier growth levels in 2010 and 2011. Although the U.S. stock market had recovered nicely from the dark days of March 2008, when the Dow Jones Industrial Average was about 50% lower than the prior year, many investors were …
Obama: A Man For The Ages
most economists admit that 2010 will most likely be a year of slow economic recovery in the United States. During this year, the country will begin to digest the ramifications of the health care reform package, and many employers will position themselves to take advantage of the newly defined “health care landscape”.
The United States of Unemployment
One of the few things that both Democrats and Republicans can agree upon is that the current number of unemployed workers in this country is painfully high. Although the official “unemployment rate” is hovering around 10%, the actual unemployment rate is probably closer to 20%. The reason for this wide disparity is that the official rate only takes into consideration those …
End the Recession With Health Care Reform
The unexpectedly bad “jobs report” released by the Department of Labor on Friday came as no surprise to the Obama Administration, who has warned all along that the recession would most likely impact the economy for the rest of 2009 and probably most of 2010. Given the depth of the recession, that actually began in the fourth quarter of 2007, and given the disastrous …
Pittsburgh Welcomes the G-20
Yesterday the White House announced that the next meeting of the Group of Twenty (or G-20) will be held in September in the City of Pittsburgh. The G20 summit will involve the leaders of the world’s most important industrialized nations, and will be hosted by President Barack Obama. Originally the meeting was intended to be a gathering of …
Domestic Violence in This Economy
As a Private Investigator and former social worker, I have witnessed both the physical and emotional lacerations of domestic violence. It is the call police officers dread and one that often puts them in imminent danger. To their credit, they do respond. It is the case some Investigators are reluctant to take because it exposes the darkest side of human behavior. Many do take the …
Suze Orman’s Orbit
There is no doubt that Suze Orman is an influential individual. Her financial advice is sought by many and her books have been best-sellers. She has become an omniscient presence on several television networks. The other night I saw her on Larry King’s show. She proffered advice and warnings. She also took questions from callers. That’s where she lost me.
I’m …
The Economic “Die has been Cast”
Much to the chagrin of Congressional Republicans, the House Democrats released the details of the proposed $825 billion economic recovery bill on Thursday. Although the bill calls for an unprecedented level of government spending, intended to kick-start the economy, Appropriation Committee Chairman David Obey stated that even $825 billion may fall short of the amount needed to accomplish the Administration’s …
