Anyone who wants to understand the enduring nature of Occupy Wall Street and similar protests across the country need only look at the first official data on 2010 paychecks, which the U.S. government posted on the Internet on Wednesday. The figures from payroll taxes reported to the Social Security Administration on jobs and pay are, in [...]
Posts Tagged ‘Recession’
Ice Cream Parlor to Make Breast Milk Ice Cream
Posted: 8th March 2011 by Veritas in Lifestyle, Oddly EnoughTags: Advert, Baby Gaga, blends, Breast Cream, Breast Feeding, Breast Milk, Covent Garden, Extra Cash, Hiley, Lemon Zest, miracle, Motherhood, Mumsnet, New Flavors, New Mothers, Newborns, O Connor, Recession, Restaurant In London, source article, Time Today, Vanilla Pods
A specialist ice cream parlor plans to serve up breast milk ice cream and says people should think of it as an organic, free-range treat. The breast milk concoction, called the “Baby Gaga,” will be available from Friday at the Icecreamists restaurant in London’s Covent Garden.
Republicans Lie About Spending Cuts Again
Posted: 7th January 2011 by Veritas in PoliticsTags: Absurdity, American Middle Class, Answer The Question, Conventional Wisdom, decades, Economy | Finance, federal government, Glory Years, Good Times, Interesting Fact, Lead, Marginal Tax Rate, money, Rea, Recession, republican, Republicans, Supply Side Economics, tax cuts, Tax Increases, Top Marginal Tax Rate
Republicans have repeated the lie that tax cuts are always good for the economy so often that all of Washington seems absolutely convinced that it’s true. The conventional wisdom is so established on this that all a Republican has to say is, “Everyone knows you don’t raise taxes in the middle of a recession…” Or [...]
An Improving Economy? Unemployed Millions Prove Otherwise.
Posted: 3rd January 2011 by Veritas in Economy | Finance, PoliticsTags: 6 Years, Challenger, Christmas In Chicago, Confidence Survey, consumer confidence, Discouraged Workers, Economic Growth Forecasts, economists, Employment Report, George W. Bush, Job Hunting, Job Prospects, Jobless Rate, Labor Department, Labor Pool, Population Growth, president george w bush, Private Employers, Private Employment, Recession, unemployment rate
U.S. private employers have recorded 11 consecutive months of job gains, yet the number of people who are so discouraged that they have given up searching for work stands at an all-time high. Friday’s employment report is expected to show the pace of payroll growth accelerated last month after a disappointing showing in November. However, [...]
Scientists debate: Are recessions good for health?
Posted: 4th June 2010 by Sus Scrofa in LifestyleTags: economic depression, Health, Recession
During recessions, idled factories spew less pollution and fewer people commuting to jobs means fewer traffic deaths. Laid-off workers have more time to exercise and cook for themselves and less money to eat out. All of these factors have led some economists over the past decade to overturn previous assumptions that recessions are bad for [...]
Despite the Lies…Recessions Don’t End Until People Have Jobs
Posted: 6th November 2009 by Veritas in Economy | Finance, PoliticsTags: depression, Economy | Finance, employ, federal, job, Obama, Recession
The unemployment rate has surpassed 10 percent for the first time since 1983 — and is likely to go higher.
First Lady Rolls with Largest Entourage in White House History
Posted: 27th October 2009 by Veritas in Economy | Finance, PoliticsTags: budget, Obama, Recession, spending, white house
“In my own life, in my own small way, I have tried to give back to this country that has given me so much,” she said. “See, that’s why I left a job at a big law firm for a career in public service, “ Michelle Obama No, Michele Obama does not get paid to [...]
Banks Send Up Red Flags to Cover Red Ink
Posted: 17th July 2009 by Veritas in Economy | FinanceTags: America, bailout, bank, Citi, credit, Recession, tarp
NEW YORK – Bank of America Corp and Citigroup Inc raised huge red flags on Friday with quarterly results that suggested the U.S. consumer remains sorely injured as the global recession drags on. Both Bank of America, the largest U.S. bank, and Citigroup, No. 3, reported big increases in delinquencies among credit card customers and [...]
Geithner Wants More Control Over Derivatives
Posted: 11th July 2009 by Veritas in Economy | FinanceTags: bailout, bernake, commission, commodity, crisis, derivatives, Economy | Finance, financial, frank, futures, geithner, Obama, oversight, Recession, trading, treasury, wall street
WASHINGTON – Obama administration officials outlined comprehensive proposals to rein in the free-wheeling market in financial derivatives on Friday, which has been blamed for helping to create the global economic crisis, and proposed stronger investor protections. More administration proposals are expected in coming weeks to expand the powers of the federal agencies that oversee trillions [...]
Families Trade Homes for Motels During Recession
Posted: 10th July 2009 by Veritas in Economy | Finance, LifestyleTags: eviction, families, foreclosure, hotels, housing, motels, Recession, shleters, tax
CAMBRIDGE, Massachusetts – Some Americans are swapping homes for motels as the ranks of the homeless swell during the recession, crowding out shelters and forcing cities and states across the country to find new types of housing.
Proposal to Audit The Fed Gains Support in House
Posted: 9th July 2009 by Veritas in Economy | Finance, PoliticsTags: audit, bailout, central bank, fed, federal reserve, money, Recession, ron paul, tarp, The Federal Reserve Transparency Act of 2009, washington
WASHINGTON – A proposal from a long-time congressional foe of the Federal Reserve that could give lawmakers sway over monetary policy has won the support of a majority in the House of Representatives, alarming officials at the U.S. central bank. The Federal Reserve Transparency Act of 2009, put forward by Republican Representative Ron Paul of [...]