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https://www.youtube.com/watch?v=qU__9f0kEb0&feature=gp-n-y&google_comment_id=z13ltx55tpb0jd4s322jgxtrzletuvjlg Hillary Clinton plans to raise taxes for the workers the affluent and middle class. Pay roll taxes and national sales taxes for workers, Higher income taxes for the rest with the middle class bearing the brunt of these taxes. With commentary by Mike Savage Also get a load of some of the people who are gonna benefit the most from these new taxes, yokels, alcoholics, potheads, anarchists, thugs and crazies!

The United States is facing economic disaster on a scale few nations have ever experienced. Most people are unaware of the easily observable signs of this crisis, where it came from and how to stop it. While we persist in our superpower mentality, we have quietly become a second-class country in many respects.

When the economy tanks, women have fewer babies. But what happens in the following years, when conditions improve? A massive new study suggests that for some U.S. women, living through a recession can mean they will never have children. In fact, the authors project that among women who were in their early 20s in 2008—early in the so-called “Great Recession”—about 151,000 will forgo having any children as a result, at least by age 40. …

Friday Trivia Question: When was the last time a President presided over 2 recessions in his 1st term

Last night in a new report, Democrat-friendly Goldman Sachs dropped an economic bomb on President Obama’s chances for reelection ... " Following another week of weak economic data, we have cut our estimates for real GDP growth in the second and third quarter of 2011 to 1.5% and 2.5%, respectively, from 2% and 3.25%. Our forecasts for Q4 and 2012 are under review, but even excluding any further changes we now expect the unemployment rate to come down only modestly to 8¾% at the end of 2012... the slowdown of recent months goes well beyond what can be explained with...

In his numerous fund-raising and policy speeches around the country these days, President Obama often bemoans the difficult economic times and uncertainties afflicting millions of Americans, including the nearly 14 million still seeking work unsuccessfully.

Inflationary Pause Before The Deflationary Collapse Economics / Great Depression II Dec 31, 2009 - 12:54 PM By: Janet Tavakoli Washington's Bipartisan Betrayal: The 2015 Global Financial Crisis - The time has come for new year's resolutions. The House passed the Wall Street Reform and Consumer Protection Act of 2009 (H.R. 4173) on December 11, 2009. It gives $4 trillion in "emergency funding" to our largest banks during the next financial crisis. Instead of reform, Congress offers even bigger bailouts. Unless we change direction, we will have another crisis by 2015. Congress has made all the wrong moves to guarantee...

Economists seem to be using new math to guage the start and end of this recession. When I learned economics in high school, I was taught that a recession was any period in which there were two quarters of negative growth in gross domestic product. That's why I had trouble understanding why economists everywhere began, at the end of 2008, to say that this current recession began at the end of 2007. At the end of 2007, the economy was still growing. Now, the roots of the recession certainly started there but the technical definition is nothing like what these...

I have made no secret that I remain very bearish on the future of the economy. Yet, even I believe that soon enough we will see a recovery. In fact, if you are extremely bullish, you believe that the recovery is just now starting. If you are bit less bullish, you think in the next three months it will begin. If you are very bearish, like me, you don't see it until well into next year. Some are even more bearish than that. Still, in the next two years, at most, the economy should bottom out and begin its recovery.

Many economists have been warning that the policies of the last few years under the Bush administration followed by the coming economic populism of Barack Obama will lead the U.S. back into a 1930s-style Great Depression. That group includes my friend and coauthor Arthur Laffer. I wouldn't go so far. Our current constellation of policies—bailouts, a weak dollar, rising tax rates, windfall profit taxes, bloated economic stimulus bills, and reregulation of markets— looks to me more like a reprise of the 1970s. That decade wasn't the Great Depression, but the economic results were plenty rotten, delivering the worst performance for...

The anxiety we feel about rising prices, plummeting home values and a weak dollar is real. But perhaps we should take comfort in the fact that, historically, recessions are relatively short and they're usually followed by long periods of prosperity. That's the core message of this interactive chart tracking the past 60 years of U.S. business cycles, as determined by the National Bureau of Economic Research's Business Cycle Dating Committee. Imagine seven economists discussing what small percentage changes in real income and wholesale production mean, and you've got a sense of the Business Cycle Dating Committee. These seven people are...

IS ANOTHER oil shock in the making? All indications point to that considering the rise in world crude prices, not just in the spot market, but also in the futures segment. In the past, the rise in the spot price of crude as, for instance, ahead of both the Gulf wars, was not accompanied by a sympathetic jump in the forward price simply because the market expected the spike to be short-lived. But, this time, the forward price has been going up sharply. Crude oil has jumped 13 per cent in three weeks. Oil for July delivery reached a record...