Tagged: Economy

Homeless - Photo by Andy Burgess

Does Our Economic System Unfairly Favor The Powerful?

Overall, 62% of Americans say this country’s economic system “unfairly favors powerful interests,” compared with just 34% who think the system “is generally fair to most Americans.” There is variance in opinions about economic fairness among Democratically-oriented groups. For instance, while 88% of Solid Liberals say the economic system is...

Getting Worse

58 Percent Of Americans Say That The Economy Is Getting Worse

But Americans continue to be less optimistic about the economy’s future. Thirty-eight percent say the economy is getting better, while 58% say it is getting worse, for an economic outlook score of -20 — a five-point drop from the previous week. This is the most negative Americans have been about...

Poverty In America - Photo by Karen Apricot

U.S. economy: Not looking so good

When it comes to the U.S. economy, the glass just went from half full to half empty. At the start of the year, economists were optimistic. Perhaps the economy would grow 3% this year, they said, instead of the measly 2% pace it’s been stuck at for the prior three...

Has The American Dream Been Outsourced

UMich Consumer Confidence Drops (Again); Misses By Most In 18 Months

Following last month’s drop and disappointing miss, University of Michigan Consumer Confidence just got even worse. Despite record high stock prices and near record high car purcahsing exuberance, consumer confidence tumbled for the 2nd month in a row (just when the pent-up demand of Q1 is supposed to kick in)....

Money - Photo by Pen Waggener

US money slump flashes warnings as economy contracts

The US economy contracted sharply in the first quarter and bond yields have been falling at the fastest rate since the recession scare two years ago, in signs that bond tapering by the Federal Reserve is biting more than anticipated. The slowdown comes as a key indicator of the US...

12 Reasons To Be Extremely Pessimistic About The Direction That The Economy Is Headed

Our “Make It Look Good” Economy Has Failed

The essence of the U.S. economy is make it look good: never mind quality or long-term consequences, just make it look good today, this week, this month, this quarter: make the pink slime look like meat, make the company look profitable, make the low-quality product look good enough to close the sale,...

6.7 Earthquake Rattles Northern Japan

6.7 Earthquake Rattles Northern Japan

The latest from The Most Important News…. A magnitude-6.7 earthquake rattled northeast Japan early Thursday in the same area where a massive quake triggered a deadly tsunami in March, but there were no immediate reports of injuries or damage. Afghan President Hamid Karzai on Thursday welcomed Barack Obama’s plans for...