The New Recession: How Bad Will It Get?
The prediction by the Economic Cycle Research Institute (ECRI) that the United States is headed into another recession was greeted by a rise...
Economic Commentary
Washington, D.C. Surpasses San Jose as Wealthiest Metro Area
While high unemployment persists and the U.S. economy remains stubbornly flat, Washington, D.C. now hails as the nation’s wealthiest metropolitan area, according to...
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Gallup: U.S. Unemployment Drops to 8.3% in October
With the announcement from Gallup that the unemployment rate had dropped precipitously in early October to 8.3 percent came the disclaimer that they...
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ReShoring: American Manufacturing Jobs Come Home
The press release from the Boston Consulting Group signaled the beginning of the American renaissance in manufacturing as cost advantages of China are...
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Recession Confirmed
On September 30, the Economic Cycle Research Institute announced that the U.S. economy officially entered a new recession. On the following Tuesday, October...
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A Critique of Herman Cain’s 9-9-9 Tax Plan
Republican presidential hopeful Herman Cain’s popularity in numerous polls is increasing daily, and while the former CEO of Godfather’s Pizza may portray himself...
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NY Times Explores Unemployment Benefits Discussion
As talk of another possible extension of unemployment benefits is making its way through Washington, the New York Times recently covered a story...
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Top Economists Tell How to Grow Jobs
Now that the Senate has officially and resoundingly defeated President Obama’s jobs bill (The American Jobs Act), the question remains: just how do real...
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One Euro, One Europe, One Mounting Mess
Item: “European Union foreign ministers are debating a tax on financial institutions that could raise money for the EU as well as make...
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Justice Dept, Sprint Launch Antitrust Suit Against AT&T
In response to AT&T’s proposed acquisition of mobile carrier T-Mobile for $39 billion, the Department of Justice (DOJ) announced it would be bringing...
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New Study Shows How the Economy Is Really Doing
On Monday morning Sentier Research announced the results of its new study showing changes in household income since the year 2000 and how...
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The Oil Industry Can Save America — If Washington Lets It
America at the end of WWII produced 60 percent of all the petroleum in the world. In fact, its status as the chief...
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$5 Debit Card Fee: Don’t Blame Banks — but Durbin, Dodd, Frank, the Fed
On Thursday, Bank of America announced that, starting the first of the year, they would be charging debit card users $5 a month...
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ECRI Announces New Recession Has Started
Last Friday Laksman Achuthan (left), co-founder of Economic Cycle Research Institute (ECRI), announced that not only has the economy entered a new recession, but...
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Is Economists’ Gloom Marking the Start of the Recovery?
With the announcement from the Commerce Department that the sale of new homes in August fell by 2.3 percent compared to July, the...
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