The Bureau of Labor Statistics released February’s jobs numbers on Friday showing that the unemployment rate ticked down to 5.5%, the lowest rate the country has seen since May 2008, months before the financial crisis that rocked the American economy and led to huge job losses.
House Speaker John Boehner (R-OH) announced that he would allow for a clean funding bill for Homeland Security on Tuesday.
During Thursday’s broadcast of The Rush Limbaugh Show, conservative blowhard Rush Limbaugh made the unbelievable claim that the Great Recession, which took place from December 2007 to June 2009, was President Obama’s fault.
In what had to be one of the dumbest segments in television history, Laffer tried to make the case that the American Recovery and Reinvestment Act of 2009, otherwise known as the stimulus, actually CAUSED the Great Recesssion.
Monday marked the fifth anniversary of President Obama’s stimulus package that helped pull the nation out of the worst recession seen since the Great Depression.
What Price means by “the governed” is “angry white people” like himself who have sold their souls to the ravenous corporations seeking to replace the federal government
As economic stewards, Republicans have shown themselves to be abject failures on every front whether it is driving millions of Americans into poverty or creating hardship for businesses.
The House Democrats plan is founded on creating jobs and a thriving middle class that will never see the light of day because creating anything positive is anathema to destructive Republicans.
For the past two years under Republican rule, America relinquished its leadership position to Europe and became a devotee of austerity economics and followed the Eurozone into economic contraction.
Most Americans do not object to debt when they receive something in return such as road or schools, but a great deal of America’s debt is for wars that only benefit the military industrial complex.
Senate Republicans plan to withhold funding to keep the government running as hostage for a ransom of defunding the Affordable Care Act (Obamacare).
It is time for Democrats to call out the absurd canard that taking money out of the economy helps the economy grow. There is a time to address debt, but it is not during an economic downturn.
Barack Obama, may go down as the only president in the nation’s history who excelled in spite of hostility borne of racism, and an opposition party intent on sabotaging his presidency.
One can say with confidence that when Republicans find an economic policy that fails, they are duty-bound to repeat it regardless the consequences.
Republicans are intent on returning to policies that, thirty years later, finally bore fruit and nearly destroyed the nation’s economy.
There has been no huge increase in spending under President Obama, and yet Republicans claim he has been on a spending binge that is the sole cause of the nation’s economic woes.
Mitt Romney’s biggest lie of all is that his tax $5 trillion tax cuts for the wealthy will spur job creation and boost the economy.
Most Republicans would rather we completely forget how bad the economy was in 2008, yet have nominated someone who will repeat those policies, it is Obama who has America on a healthy economic path.
Ryan’s request for stimulus money proves he knows that the path to prosperity is not severe austerity measures and tax cuts for the wealthy, but government infusion of cash into the economy.
Republicans seek to return to the Bush Administration’s disastrous events that nearly crashed the world’s economy and embroiled America in two Middle East wars.