Warren Buffett says that his plan differs from Obama’s plan. Jake Tapper points out the difference.
Post Tagged with: "recession"
Obama Kills Jobs and Resuscitates the Great Socialist Recession
Obama’s socialist viewpoint, his servitude to labor unions, and his academic economic advisers with their belief in Keynesian economic theory, led him and the Democrats down a very wrongheaded path. America is in misery because of this wrongheaded understanding of the economy and business by our ever more controlling central planners in Washington.
US In Recession Right Here, Right Now
The US is in a recession now. I am not the only one who thinks so.
“Spooky Dude” Soros says double dip recession less in doubt
Billionaire leftist financier and Obama supporter George Soros is not happy with Obama’s handling of the economy and says the markets are predicting a double dip recession in the US. Soros has used billions to fund leftist groups in the US and influence elections.
Bye bye dollar as gold continues to break records
Bloomberg reported: “Gold climbed to a record above $1,890 an ounce in London and New York as concern about slowing economic growth and debt crises spurred demand for bullion as a protection of wealth.”
Pimco, BlackRock Say U.S. Economy Is Running at ‘Stall Speed,’ Fed May Act
“We’re not looking at a recession yet, but we’re at a tipping point,” Gross said yesterday in an interview on Bloomberg Television. “We’re at what we call a stall speed in which corporate profits don’t grow, jobs aren’t created,” said Gross – Bloomberg.com
Countdown to $100 oil – a date with history?
On two past occasions, the average annual oil price has hit $100 per barrel and this has been followed by recession. At time of writing (7th July) the annual average for Brent was $95.4, on course to breach $100 some time in September. Will history repeat itself? Or has the global economy grown immune to high energy prices?
The Great Reset
Since the Status Quo is unsustainable, there will be a Great Reset. The timing and nature of that Reset is up to us.
Why I like Coolidge and why we are not recovering
Does anyone still wonder why the economy under a president who seems hostile to business is failing while the economy under a president who supported it and wasn’t ashamed to say so, boomed?
It’s The Recovery That’s Temporary — It’s The Pause That’s Real
In the past two decades the economy was sparked by consumers who spent far more than their income by running up record debts and converting house price appreciation into cash. Those days are over.