President Barack Obama and fellow Democrats have run out of time and tools to generate growth as a historic government intervention to rescue the economy runs up against the limits of the November.
So the contest with Republicans for control of the U.S. Congress has reverted to arguments that have traditionally defined the parties.
The Fed chairman doesn't seem to think the presumably modest jobs boost from printing more money would be worth the risk to the Fed's hard-won inflation-fighting reputation
Source:
http://www.time.com/time/business/article/0,8599,2010382,00.html
Former Republican House Speaker Newt Gingrich criticized President Obama this morning on NBC's "Today," likening the president's approach to the economy and unemployment to that of a "teenager with a credit card."
Source:
http://www.cbsnews.com/8301-503544_162-20011051-503544.html
What should the economic crisis of the past three years teach us about personal finance? Learn to absorb the shock of a fluctuating economy with less stress and with a new sense of empowerment.
Source:
http://www.wisebread.com/5-financial-principles-for-a-seismic-economy
With the economy and job-growth stagnant, oil still spewing from the BP well-head into the Gulf of Mexico as a toxic reminder of our addiction to fossil fuels, President Obama couldnt have picked a better time to announce a major solar power initiative than today, July 3rd � only hours away from Independence Day.
Multiple risks in the economy remain but with improving fundamentals and may be a little more savings you may be wondering where to invest now.
We have some ideas.
Source:
http://personaldividends.com/money/arohan/where-to-invest-now
A top Saudi oil ministry adviser declared his concern that a peak in oil demand had already occurred, or would take place in the next decade, and said that his country, which relies heavily on income from its crude oil exports, is alarmed enough about it to diversify its economy by striving to become a leading alternative energy exporter.
Homelessness in rural and suburban America is straining shelters this winter as the economy founders and joblessness hovers near double digits. "One of the things that we've noticed is a lot more unsheltered, mostly men who claim this is the first time they've been homeless, who indicate that it's due to a loss of wages or loss of job, because of
Source:
http://news.yahoo.com/s/ap/20100216/ap_on_re_us/us_suburban_homeless
