Posts Tagged ‘ Economic collapse ’

Robert Reich

July 14, 2010
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Our Former Labor Secretary talks about why we seem stuck in a jobless economy: Missing from almost all discussion of America’s dizzying rate of unemployment is the brute fact that hourly wages of people with jobs have been dropping, adjusted for inflation. Average weekly earnings rose a bit this spring only because the typical...

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Krugman says the Obama White House is going the wrong direction

July 6, 2010
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Frankly, I agree with him: I was on Good Morning America this not-so-good morning, doing what I could. But I was struck by something that George Stephanopoulos said: he claimed to have been speaking to an administration official who asserted that what we need to get businesses investing is for business to know that...

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Unemployment Sticking Around Awhile

February 8, 2010
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Rick Locker of the CA says the University of Tennessee report on the economy of the state is NOT encouraging. On the bright side, the 2010 report projects modest growth in Tennesseans’ personal income and in state sales tax collections, state government’s primary revenue source. But the job picture is gloomy for those who...

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Making Something of the Pyramid

February 6, 2010
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fearless vk contemplates the idea that The Pyramid could be converted to a Museum of Contemporary Art, with the positives and the negatives. What, you ask, is MOCA? MOCA is the Museum of Contemporary Art, located in the Pyramid in Memphis, TN. Oh, it doesn’t exist. But if these folks can have their way,...

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A Reasonable Loan

February 5, 2010
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Southern Beale talks of the cycle that banks are currently in, making it harder and harder for even people with good credit to get loans. As a nation, we’ve floated on a sea of debt and promises for far too long, and it was bound to catch up with us. But I do think,...

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