by Dave Johnson | Feb 17, 2010 | Blog
Conservatives claim that President Obama "tripled the deficit" and point to the huge 2009 budget deficit as proof. They use charts that show the fiscal-year 2009 deficit, as reported in October was, indeed, about triple the prior year's borrowing. But the 2009 budget...
by Bill Scher | Feb 17, 2010 | Blog
Before tomorrow's expected executive order establishing a commission to reduce the debt, the White House has leaked the names of who wi
by Dave Johnson | Feb 17, 2010 | Blog
Today's new York Times has a front-page editorial calling for cutting the Social Security pensions of Americans and other things that we as citizens are entitled to. Many analysts say the president and Congress could send a strong signal to global markets by agreeing...
by Richard Eskow | Feb 16, 2010 | Blog
Mattel makes a little toy called the "Magic 8-Ball." It looks like a pool ball with a little window in it. You shake it and a little answer pops up in the glass. They were a craze in the corporate world a few years back, and you still see lots of them holding down...
by Dave Johnson | Feb 16, 2010 | Blog, Economy
Thanks to the "stimulus plan" and rising demand from infrastructure work, a new steel rolling mill is opening in Youngstown, Ohio. Youngstown area to get 350 more jobs when new steel tube plant opens, The new facility, which will be more than 1 million square-feet,...
by Dave Johnson | Feb 16, 2010 | Blog
When President Obama tried to get a "Buy American" clause as part of the "stimulus package" he was met with howls of protest. Meanwhile China has a "buy Chinese" policy for their own government procurement. The policy includes "intellectual property" so America's...
