No Republican President -- not Eisenhower, not Nixon, not Reagan, not Bush -- has ever created more jobs, or created jobs at a faster rate, than his Democratic predecessor.
Low-income families are attending the Equal Voice for America's Families Convention to call for the adoption of a national family platform that truly addresses the issues impacting families.
This post offers: 1) A brief explanation of what Fannie Mae and Freddie Mac do and why they are so important; 2) Why they are in trouble; 3) And overview of the government's plan.
The GOP'll be working hard this week to convince the median, undecided voter that contrary to reality, McCain's economics are different than Bush's, and that Obama will raise taxes on almost everyone.
Over the last six decades, whether rich or poor, everyone has done better with Democrats in the White House.
It's not just that McCain can't relate to have nots, it's that he doesn't really want to. He wants to pull the levers that Phil Gramm and others tell him work best, and he lacks the motivation to question whether these levers actually work.
Note the words used to describe almost every economic area of activity -- soft, weak and declining. There is only one area of strength -- energy and mining. That alone should tell you a great deal about the current state of the economy.
Repeat after me: a) The weakest job growth of the last 50 years, leads to b) Stagnant incomes for most Americans which leads to c) Really depressed people.
For all the talk of candidates needing "experience" in this election, the only real experience the GOP is concerned with is McCain's POW past.
If you can afford a fee, which can also usually be put on a credit card, consider a no-fee apartment a happy surprise, much like the aforementioned rent stabilized lease.
Democrats need to FORGET ABOUT SARAH PALIN. This race is about McCain and the Republican record of failed policies. Keep it about that. The economy su...
NEW YORK: The storm is coming. All eyes on the Doppler radar, the graphic swirls, the reporters bravely standing on Levee watch in New Orleans. This ...
On Thursday, John McCain pledged to end partisan rancor. On Wednesday, his running mate, Sarah Palin, and the rest of his crew did everything possible...
As long as employers are not proven to be discriminating intentionally, they can pay women less than men if they are not doing the same jobs.
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The two economy's in America:
The one I live in were inflation is counted on food and energy.
And the one wall street and the GOP touts that do not count food and energy in to the inflation numbers.
Apples to oranges
and half of those on the unemployment lines come nov. will STILL vote for the republicans- the brainwashed and braindead will march in lockstep to their graves pledging "country first"
Most economists don't know didly squat!
Go look up the definition to a recession and get back to me.
Repeat after me... during the BUSH/Repug years there has been no real growth!
The illusion of growth is caused by running up massive debts and devlauing the DOLLAR by half. The gains reflect converting dollars on the income and B/S to more Cheaper dollars... Currency transaltion Gains... inflation...
If the numbers are not converted back to 2000 buying power dollars given this unprecedented drop in the value of the dollar... the numbers are worthless... some one is deceiving you.
The stock Market after 8 years is flat.... thats bad ... at 8% per year avg growth in the Market, it s/b at 22,000. If you convert the 11,300 to 2000 buying power dollars the stock market is at 6,000!
Regards
unbiased,
any good economist will tell you that the traditional definition of a recession- two quarters of negative GDP- is no longer applicable in a globalized , postmodern economy. just becuase there was substantial coprorate growth even during bush years, does not mnean it translates into worthwhile jobs or better standards of living for americans- in fact quite the opposie has occurred
Two consecutive quarters of negative growth? What if the government reports lied? How would you know?
Great point.
Political opponents so want a recession to pin on this President, they are willing to change the definition, just to make it fit.
There should be no rescue of these failing financial support systems unless they are reformed back to their original missions. Originally they were bail outs/safety nets for lower income mortgage holders. They were a way to encourage banks to give mortgages to them with a promise of support if things went wrong. But then in recent years, they have supported all levels of mortgages...backing loans to the very rich as well. In doing that, it allowed banks to go haywire in their practices. No one was vetted clearly. No one. And the crash we are hearing is yet again, the need for taxes from the middle class to bail out the rich by propping up these organizations bad loans. I'm for keeping these organizations...but only if they are back to their original mandate.
Scream America! Scream!
A banking collapse and financial scandals.
Remember the Keating 5? I don't think the public does, shouldn't the Obama campaign remind them? Do they really want to elect a guy involved in a major banking scandal?