One headline for the August jobs report today read, "US economy added 96,000 jobs in August and the unemployment rate fell to 8.1%". Well that sounds pretty good, until you look deeper into the numbers to see what it really meant. Economists were...Read more
The US Supreme Court had it's second of three days for this historic case today, and it appears that the Republican appointees may band together to strike down Obamacare. This would be a huge blow to Obama since it has been his biggest achievement...Read more
This morning Ben Bernanke spoke to the National Association for Business Economics and stated that the Central bank will continue it's supportive policy even as unemployment rates decline. He said that the U.S. economy needs to grow more quickly if it is to produce...Read more
Last night Congress approved a 2 year extension of the Bush tax cuts. This means lower taxes for all, and a national deficit that sould grow even faster.