Obama and GOP plans are inadequate to scale of ‘Lesser Depression,’ report says
October 12, 2011 No CommentThe American economy isn’t just going through a weak patch–it’s mired in a “Lesser Depression” that poses a challenge more daunting than at any since the crisis of the 1930s, according to a major new study released Wednesday. The provisions in President Obama’s jobs plan are no more likely to be effective at producing a
Continue reading …Obama and GOP plans are inadequate to scale of ‘Lesser Depression,’ report says
October 12, 2011 No CommentThe American economy isn’t just going through a weak patch–it’s mired in a “Lesser Depression” that poses a challenge more daunting than at any since the crisis of the 1930s, according to a major new study released Wednesday. The provisions in President Obama’s jobs plan are no more likely to be effective at producing a
Continue reading …Cross-posted from Yahoo! Finance The U.S. is becoming a retail wasteland. The Wall Street Journal reported last week that retailing executives fear the once-buoyant American consumer has entered a state of permanent frugality. The mall vacancy rate is at an 11-year high. With each passing month, a larger chunk of retail sales goes online. American
Continue reading …Cross-posted from Yahoo! Finance The U.S. is becoming a retail wasteland. The Wall Street Journal reported last week that retailing executives fear the once-buoyant American consumer has entered a state of permanent frugality. The mall vacancy rate is at an 11-year high. With each passing month, a larger chunk of retail sales goes online. American
Continue reading …
More than 30 years after a collection of skeletal remains was found beneath John Wayne Gacy’s house, detectives have secretly exhumed bones of eight young men who were never identified in hopes of answering a final question: Who were they? (Oct. 12)
Continue reading …American women are having dramatically fewer babies since the recession began at the end of 2007, a Pew Research Center analysis of U.S. Census data has found. Arizona and Nevada, the states that experienced the largest economic declines between 2007 and 2009, saw the largest declines in fertility rates. North Dakota, Alaska and Nebraska–which have
Continue reading …
At least a half-dozen poultry plants shut down or scaled back operations Wednesday and many other businesses closed as Hispanics in Alabama skipped work to protest the state’s toughest-in-the-nation immigration law. (Oct. 12)
Continue reading …
At least a half-dozen poultry plants shut down or scaled back operations Wednesday and many other businesses closed as Hispanics in Alabama skipped work to protest the state’s toughest-in-the-nation immigration law. (Oct. 12)
Continue reading …What has General Motors been doing in the wake of its bailout-assisted turnaround? For one thing, trying to convince young American men that hot women will laugh at them if they ride a bike. Check out this new print ad that the automaker has been running, to promote its college discount. A man on a
Continue reading …Nelson Cruz hit a three-run homer in the top of the 11th inning, as Texas beat Detroit 7-3 Wednesday night, for a 3-1 lead in the ALCS. Cruz is the first player ever to hit two extra-inning homers in the same postseason series. (Oct. 12)
Continue reading …