What better indication that the U.S. economy is still struggling than Wal-Mart having to shut down Sam’s Club locations. I’d like to know how much membership at Sam’s Club has declined in the last 2 or 3 years.
BENTONVILLE, Ark. (AP) — Wal-Mart said Monday it will close 10 money-losing Sam’s Club stores and cut [...]
In the meantime, jobs that are available are paying less and less. Why? Because they can. Corporate America never misses an opportunity to take advantage of a good recession. Why pay a decent wage when so many people are desperate to make anything that keeps some food on the table, gas in the vehicle and [...]
Not CEO’s, but American workers are overpaid? I’m sorry, this struck me as funny in a sick sort of way.
American workers are overpaid, relative to equally productive employees elsewhere doing the same work. If the global economy is to get into balance, that gap must close.
Of course, workers in the United States should earn more [...]
I suppose this should be good news but it seems to me that the economy is only getting better on paper. Around here jobs are still as scarce as hen’s teeth, small businesses are closing their doors and the parking lots of the area malls still have about half as many cars in them as [...]
Smokers warned others and were ignored. It was okay with most people when cigarette taxes skyrocketed because they didn’t smoke, but it was inevitable the government would turn it’s eye to other “sins” to tax.
So, who is next? The beverage industry is first on the list. Sodas, alcohol or [...]
I have to report all of my income, why shouldn’t corporations?
President Obama and Treasury Secretary Tim Geithner announced on Monday a crackdown on offshore tax havens that could produce $210 billion in new tax revenue over the next decade.
The White House will face opposition to the proposal from the business community and Congress. Before the [...]
Hedge funds groups derailed any deal that would prevent the need for bankruptcy.
By Brady Dennis, David Cho, Kendra Marr
Washington Post Staff Writers
Thursday, April 30, 2009; 1:08 PM
President Obama blamed a “small group of speculators” for Chrysler’s imminent bankruptcy filing today, but said agreements forged by the administration during the past month will help provide the [...]
Not one Republican vote. Which is fine since they weren’t needed. You either have to lead, follow or get out of the way and it looks like the Republican Party will just have to get out of the way.
By Lori Montgomery
Washington Post Staff Writer
Wednesday, April 29, 2009; 6:09 PM
The Democratically controlled Congress today easily approved [...]
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The argument by Karl Rove and Maine Senator Susan Collins was that pandemic preparedness had nothing to do with economic recovery. Obey and other advocate for the pandemic preparedness spending argued that a pandemic in the midst of an economic recession could throw the country into a far worse economic state. Should the [...]
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High Court Poised To Closely Weigh Civil Rights Laws
The Supreme Court has an opportunity to reaffirm or reshape the nation’s civil rights laws as it faces a rare confluence of cases over the next two weeks, including a high-profile challenge brought by white firefighters who claim they lost out on promotions because of the “color [...]
