cnbc.com - 8/25/2009
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The US economy will shrink far more than expected this year and will rebound much more slowly than forecast after that, according to a bleak new assessment by the White House Budget Office. The federal government also faces exploding deficits and mounting debt over the next decade, far worse ...
baselinescenario.com - 8/24/2009
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baselinescenario.com —
The quick way to talk about how any
economy is doing is in terms of “growth”. This
is just what it sounds – a measure of how much the total value of production in a country has increased in the last month, quarter, or year. Thinking in terms of ...
(more)
The Two-Track Economy
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White House: Economy worse than previously forecasted
AMERICAblog News| A great nation deserves the truth —
For starters, this should not be a surprise to anyone. Of course it's bad. That's part of why many of us have been bothered by the gentle handling of Wall Street. Buying into the Wall Street view of the world is not what liberals expected. ...
Obama lied, the economy died
The Jawa Report —
August 25, 2009 Obama lied, the economy died These assclowns are even worse than the Bush Administration: Economy in worse shape than expected: WH The US economy will shrink far more than expected this year and will rebound much more slowly than forecast after that, according to a bleak new assessment by the White House Budget Office. The federal government also faces exploding deficits and mounting debt over the next decade, far worse than what the Obama administration had estimated just a few months ago. The revised estimates project that the economy will contract by 2.8 ...
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The Economy Is Even Worse Than You Think
online.wsj.com 7/14/2009 — MORTIMER ZUCKERMAN The recent unemployment numbers have undermined confidence that we might be nearing the bottom of the recession. What we can see on the surface is disconcerting enough, but the inside numbers are just as bad. The Bureau of Labor ...
U.S. economy fares better than expected in latest quarter
| U.S.
reuters.com 7/31/2009 — Lucia Mutikani WASHINGTON (Reuters) - The U.S. economy contracted at a slower-than-expected pace in the second quarter, government data showed on Friday, but a sharp drop in consumer spending fanned fears that recovery would be sluggish. Gross ...
Transcript: Obama On The Economy, Iran - Economy * US * News * Story
cnbc.com 6/17/2009 — HARWOOD : That's the most persistent fly I've ever seen. (Slapping sound) Nice! Pres. OBAMA : Now, where were we? That was pretty impressive, wasn't it? I got it. I got the sucker. What do you think, Gibbs? HARWOOD : That is very good. It's on—it's ...
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