By Howard Rich — For the third straight spring, the American economy is experiencing a “failure to launch.” Our nation’s unemployment rate continues to inch lower — from 8.2 percent in March to 8.1 percent last month – but it’s dropping for all the wrong […]

By Rick Manning — Astonishingly, the unemployment rate dropped again in April even though there are 169,000 fewer Americans employed than in March.   Equally incredibly, in spite of there being more than 8 million more people in the working age population, 319,000 fewer Americans have jobs today […]

By Bill Wilson — Obama’s idea of a recovery is when 522,000 Americans give up on getting a job, and drop out.  His claim that the unemployment rate has ‘dropped’ to 8.1 percent is either a delusion or a purposeful manipulation.  The truth is that there were […]

By Bill Wilson — The U.S. Treasury on May 2 postponed a decision on whether to issue a new type of debt that would allow interest rates to float with market conditions. These would be like an adjustable rate mortgage, except for sovereign debt, wherein interest rates would adjust over time instead of being at a […]

By Rick Manning — The monthly release of the nation’s unemployment rate is due out from the U.S. Department of Labor on May 4 amidst a gathering storm of skepticism about the meaning of the reported unemployment rate and gloom about what appears to be a stalling […]

By Robert Romano — Feb. 9, 2012. You can put it in the history books now. That was the day the $15.6 trillion national debt surpassed 100 percent of the $15.4 trillion Gross Domestic Product (GDP). Based on the latest data by the Bureau of Economic Analysis, the economy just grew by $142.2 billion in the […]

By Robert Romano — Barack Obama has his work cut out for himself getting reelected in 2012. The most recent bad news for the President comes on the longer-term jobs projections from the nation’s central bank. The Federal Reserve has once again downgraded its economic outlook on the U.S. economy , forecasting unemployment to remain high for the foreseeable future, staying […]

By Bill Wilson — Speaking in Denmark on April 16 with that country’s economics minister at an event hosted by the Politiken newspaper , billionaire investor George Soros took aim at austerity measures in Europe, saying they were only making things worse as countries there attempt to control the sovereign debt crisis. “You can grow out of excessive debt, you cannot shrink out of excessive debts,” […]

By Bill Wilson — The only thing standing in between the White House and a bailout of 11 million borrowers underwater on their mortgages to the tune of $717 billion is the FHFA’s Edward DeMarco, who has had the temerity of suggesting that the agency merely follow the law and protect taxpayers from unnecessary losses. DeMarco has steadfastly rejected a […]

By Bill Wilson — Is the International Monetary Fund (IMF) inserting itself into U.S. political affairs and potentially setting up a conflict over U.S. sovereignty? After a speech last week at the Brookings Institution on the financial crisis , IMF Managing Director Christine Lagarde took questions from the audience, including one from U.S. Bureau of Economic Analysis economist Garth Trinkl.  […]