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 B9316023952Z.1_20150131211029_. B9316023952Z.1_20150131211029_. B9316023952Z.1_20150131211029_. |  20150201ObamaWeeklyAddress.jpg 20150201ObamaWeeklyAddress.jpg 20150201ObamaWeeklyAddress.jpg |  Business and economy news - 21 News Now, More Local News for. Business and economy news - 21 News Now, More Local News for. The $4 trillion budget that |  Obama: $4 trillion budget replaces mindless austerity Obama: $4 trillion budget replaces mindless austerity Obama: $4 trillion budget replaces mindless austerity |
 Obama: $4 trillion budget replaces mindless austerity Obama: $4 trillion budget replaces mindless austerity USA TODAY. Obama budget pitches tax simplification for businesses |  White House budget pitch: Higher taxes on wealthy, lift up middle. White House budget pitch: Higher taxes on wealthy, lift up middle. White House address Obama |  Obama: $4 trillion budget replaces mindless austerity Obama: $4 trillion budget replaces mindless austerity GTY 462660878 A POL GOV USA DC |  CadillacNews. CadillacNews. Obama calls for spending surge |
Barack Obamas inauguration: Brace yourself to be underwhelmed
Even the deal-that-never-was between Mr Obama and John Boehner, the Republican speaker of the house, amounted only to $2.5 trillion in cuts and revenues over 10 years, when more than $4 trillion was needed to start to turn back the sapping tide of.
Obama: $4 trillion budget replaces mindless austerity
WASHINGTON ��� President Obama unveiled a nearly $4 trillion budget that is designed to bring middle class economics into the 21st Century through new programs to be financed by higher taxes on the wealthy. While unlikely to pass the Republican .
Europes 1 trillion firewall might not be enough administration says
. up pressure to limit U.S. involvement in settling the crisis. Rooted in the debt loads of Greece, Italy and elsewhere, the problems have intensified despite austerity budgets, and bulwarks such as Germany and France are now also showing signs of.
What Did We Learn From 2014
For the Democrats, given the extraordinary rejection of the president, they will need to redefine themselves and develop a post-Obama image.. For now.��� What all this means is that we have an unsettled and unhappy electorate who could swing wildly in.
Obamas State of the Union wish list
There was no moon shot or a plan for overhauling Social Security, but in the aggregate it was a lot, especially in the current environment where the Senate cant pass a budget, House conservatives are ready to burn the ships, and Barack Obama and the.
Fixing The US Budget ��� Straightforward Or The Hardest.
By Simon Johnson The conventional wisdom is that we face a serious budget problem, ballooning debt and political deadlock that prevents any semblance of progress either in the short term or over the next 20 years.. As you suggest though, take away those cheap trillions, and there remains a choice between austerity and something along the lines of the MMT... I would just get rid of corporate income taxes altogether and replace them with an 8 or 9% VAT���.
Eva Illouzs six commandments of secularity
This is not only because, as existentialists have taught us, freedom makes life more difficult, but also because secularity entails the capacity to share with others a world whose meaning is not ���owned��� by a single group... Voltaire, Condorcet, Hume.
WHAT THIS COUNTRY NEEDS NOW IS HOPE �� The.
The Fed had no regulatory authority or ability to judge the credit worthiness of these foreign banks, but risked $4 trillion of U.S. taxpayer funds propping them up. With European banks on the verge of bankruptcy, the Federal��.
Stiglitz: The Ideological Crisis of Western Capitalism
The multiplier is less than one, but that may reflect the fact that these austerity programs did not take place in the face of a zero lower bound, so they were partly offset by monetary expansion. The paper also. Social Security became part of the private discussions between President Barack Obama and Republican House Speaker John Boehner on coming up with something big for reducing deficits by $2 trillion to $4 trillion over the next decade. White House officials��.
Conservatives sweep to power in faltering Japan - World.
Obama has already admitted he will go $4 trillion more in debt yet all accounts say growth will continue to be anemic, unemployment will continue to be high.. Too bad most Americans are too lazy or uneducated to figure out who, what, how, when, where, etc. started the current Middle Class, Was NOT the Labor Unions, was the fact that US men were being Drafted into WWII and they were replaced by their wives, girlfriends, women in the factories and plants of��.
People are waking up. The Obama Economy is ruining.
WASHINGTON (Reuters) - U.S. employment growth ground to a halt in June, with employers hiring the fewest number of workers in nine months, dousing hopes the economy would regain momentum in the second half of the year.. And so nothing replaces it. Im not going to even bother googling up whales to figure out how much oil can possibly be harvested from them. It sure as shit isnt going to be 85 million barrels a day, which is the current world consumption��.
CEO Council Demands Cuts To Poor, Elderly While Reaping Billions In.
. companies tax bills. The CEOs are part of a campaign run by the Peter Peterson-backed Center for a Responsible Federal Budget, which plans to spend at least $30 million pushing for a deficit reduction deal in the lame-duck session and beyond.
What ���The Party Of Stupid��� Might Become (Updated.
The CEO council recommends two major avenues that it claims will produce ���at least $4 trillion of deficit reduction.��� The first is to ���replace mindless, abrupt deficit reduction with thoughtful changes that reform the tax code and��.
Detroit Has Run Out of Other Peoples Money
Fiscal deficits have been a fact of life in Detroit for decades as residents and industry fled its high taxes, high crime, shoddy schools and erratic trash services, thus eroding its tax base. Now, however, Detroit is flat broke, with a $265 million.
read my mind: Financial Crunch! Economic Collapse! (Part 9)
Mr. Obama seems to be campaigning for his own defeat! Thanks largely to the $13 trillion Wall Street bailout ��� while keeping the debt overhead in place for Americas ���bottom 98%��� ��� this happy 2% of the population now��.
Economists View: Paul Krugman: How to Get It Wrong
At present, they get elected on Mindless Media Messaging (where they ALL wash whiter-than-white), and it is six months later that most Americans finally understand where a country is going in terms of its National Budget. What family. The Republicans forced austerity on the economy from 2011 onwards and only now is it letting up. The Fed.. today. Hey did you ever figure out that state government tax revenues have never been anywhere near $4 trillion a year?
FACT Obama not a Leader - Napoleon Live
Forcing businesses to violate their religious beliefs. Violating the rights and sanctity of our Churches. Obamacare web site-cronyism. NSA acting as Obama Gestapo. 17 Trillion in debt. Lies about Benghazi. Voter fraud. Intentionally trying to hurt Americans.. Im honestly not a huge fan of Romney, but the single most important issue for my daughters future, is balancing the budget today, and Romney is the candidate most likely to do it. Obama, as best I can tell, will��.
Autonomy: an idea whose time has come | ROAR Magazine
First, he correctly argues that the Tahrir uprising of 2011 was actually much more closely connected to the anti-austerity protests in Syntagma than most observers at the time were willing to recognize. But, after this basic observation, David. Todays protestors do not affiliate themselves with parties or programs; they do not enter the political arena to obtain particular political goals, or even to actually alter the system entirely. The common refrain is that politics are all��.
Lawmakers iron out money details for a deal
Time and policy riders are the biggest remaining stumbling blocks as House-Senate negotiators try to finalize a year-end spending bill expected to approach $1.1 trillion given stepped-up military operations in the Mideast and an estimated $5.3 billion.
Randy Shannon: The Case for Full Employment
The election of President Obama reflected the growing struggle of Americas progressive majority to reverse the neo-liberal policy of war and austerity that has undermined the social advances established by the New Deal and the. America still has at least $2.2 trillion in unmet infrastructure needs.. While he was in China, Barack Obama made a bizarre declaration that the US government must reduce its budget deficits in order to avoid ���a double-dip recession.������
August 3 2011: The Next Bank Bailout Bloodbath is Here
According to Google Finance, over the past year, August 4 2010 to August 3 2011, the Dow Jones index has gained 10.41%, while the SandP 500 even rose by 11.48% (at the moment I checked them earlier today)... After almost two years of strong growth, its economic outlook is starting to deteriorate, due to a slowdown in major emerging markets including China and fears of a possible United States recession caused by $2.4 trillion in spending cuts linked to the debt��.
Collapsing Standard of Living: Kleptocrats and Militarists Fleece Americans
. living standards of Americans. By militarizing everyday life, citizens are subject to mindless repetitive propaganda designed to lower their mental capacity... However, during the same time span their gross debts grew fivefold, rising from $748.
Facts about Taxes - Educate YourselfEducate Yourself
President Obama will respond to a Republican push for a drastic reduction in government spending by proposing sharp cuts of his own in a fiscal 2012 budget blueprint that aims to trim record federal deficits by $1.1 trillion over the next decade. Obama would reach his target in.. The IMF already expects US gross public debt to double from 62pc of GDP in 2007 to 111pc by 2015, a figure that will now have be revised upwards. The White House proposes a 5-year��.
Spending Cuts Signal Austere Future for Domestic Programs
Automatic cuts set to take effect today will pinch U.S. government functions as the country enters a more austere era that could push discretionary spending as a share of the economy to its lowest level in at least 50 years. U.S. lawmakers locked in.
The Archdruid Report: The Cold Wet Mackerel of Reality
That sort of enthusiasm for the glorious capitalist bankers paradise has plenty of company just now; Im thinking in particular of the steady drumbeat of articles and essays in the US mass media wondering aloud why so many Americans havent... U.S private debt currently around 25 trillion. Total 47 trillion debt in an 18 trillion economy. Australia 2014. Total GDP. - 1.3 trilliion. Fed Govt expenditure - 440 billion. Fed Govt revenues - 400 billion ( Budget Deficit. 2014.
Who Spent More? Average Bush Vs. Average Obama.
Under President Obamas budget proposal, the debt held by the public is projected to increase $6.1 trillion between 2008 and 2012, from $5.8 trillion to $11.9 trillion. That means.. I saw this morning the market going right down the toilet today, and ���THE MOST EVIL PRESIDENT��� turned on his teleprompter and read a message that was basically ���The buck stops anywhere but with me, and that this ship of state is going to keep ploughing ahead full speed.��� Right into��.
global glass onion: week ending Oct 11
(The $300 billion number looks big, but is a small fraction of the $3 trillion of reserves the Fed has placed in the financial system and the overall size of its holdings, which is in excess of $4 trillion.) FOMC Minutes: Costs of downside. The FOMC takes dollar strength into account; liftoff expectations shift to a year from now -- The Fed is finally expressing unease with the world outside the US borders and its impact on the US economy. FOMC Sep-14 Minutes: - During��.
