(Photo credit: Flickr user Serenitbee.) Corporate lobbyists have a terrible idea they’re pushing during the budget debates. They want to lower the corp Original post on boldprogressives.org Comments on reddit.com
If you’re one of those people who still doubts that there ever was a double-dip recession, there’s a good chance you’re right. Original post on telegraph.co.uk Comments on reddit.com
We’re going down the wrong path. It’s simply not true that we can cut taxes and produce revenue by trimming some of our favorite deductions. It sounds good, but it’s unrealistic. Original post on nytimes.com Comments on reddit.com
Under President Obama, America is experiencing one of its weakest recoveries from recession in the modern statistical era. This is the indisputable conclusion from the last three years of job-creation and economic expansion data, reinforced by Friday’s Commerce Department estimate that gross domestic product grew by just 1.5 percent in the second quarter of this year. Original post on al.com Comments on digg.com
Britain is in its longest double-dip recession for more than 50 years, according to official figures expected today which will increase the pressure on George Osborne to adopt a Original post on independent.co.uk Comments on digg.com
The economy has been at the top of mind for some time across much of the world. We have learned that the global economy is increasingly inter-related, and although the Great Recession may have officially ended a few years ago, its effects are very much still being felt. A lot of people have drawn parallels… Original post on nationalgeographic.com Comments on digg.com
The Great Recession took such a heavy toll on the economy that the typical American family lost nearly 40% of its wealth from 2007 to 2010, shaving the median net worth to a level not seen since the early 1990s. Original post on latimes.com Comments on reddit.com
Berthold Huber is leader of Germany’s powerful IG Metall union, which represents metal workers. In a SPIEGEL interview, he talks about the rise of worker exploitation in Germany and how unions helped prevent a double-dip recession. Original post on spiegel.de Comments on reddit.com
Sorry, but Obama’s doesn’t hold a candle. Original post on businessinsider.com Comments on digg.com
The rich spend less during recessions because they don’t have to spend as much to maintain their status relative to everyone else. Original post on thestar.com Comments on digg.com Other thestar.com posts Other posts in Business
The recent recession has been the most brutal since the Great Depression. With household incomes generally lower and poverty rates significantly higher than they were 10 years ago, it’s easy to feel that everything is falling apart. But amid the wreckage, there are some success stories that are vitally important for the recovery and the future prosperity of America. Original post on time.com Comments on reddit.com Other time.com posts Other posts in Business
