The magical economic policies of Obama the Magnificent have served only to delay and slow recovery.
Post Tagged with: "recession"
Nearly bankrupt, Kansas City wants to close half its public schools
Buffeted for years by declining enrollment, political squabbling and a revolving door of leadership, the district’s fortunes are so bleak that Superintendent John Covington has said diplomas given to many graduates “aren’t worth the paper they’re printed on.”
Economists: Another Financial Crisis on the Way
Even as many Americans still struggle to recover from the country’s worst economic downturn since the Great Depression, another crisis – one that will be even worse than the current one – is looming, according to a new report from a group of leading economists, financiers, and former federal regulators.
Bernanke delivers warning on U.S. debt -Stage is set in U.S. for a Greek tragedy
With uncharacteristic bluntness, Federal Reserve Chairman Ben S. Bernanke warned Congress on Wednesday that the United States could soon face a debt crisis like the one in Greece, and declared that the central bank will not help legislators by printing money to pay for the ballooning federal debt.