Posts Tagged ‘spending’

Bad Forecast


Hot economist Nouri al Roubini isn’t optimistic about the economic outlook if the United States, among other countries, doesn’t get its debt situation under control. He’s calling on governments to cut spending and raising taxes, but doubts any one government has the political capital to do it. He recommends getting more into cash, and possibly […]

As the U.S. economy continues to teeter on the brink of disaster, congressional leaders moved yesterday to put together a compromise loan package for the auto industry, and Barack’s weekly radio address focused on a recovery plan for the rest of us. Obama, in his weekly radio speech today, said his plan to create or […]

Budget Rooter


Barack warned today that bad times are here, and smarter government is necessary. He spoke like an old-fashioned conservative guy. “We can’t sustain a system that bleeds billions of taxpayer dollars on programs that have outlived their usefulness or exist solely because of the power of politicians, lobbyists or interest groups. We simply can’t afford […]