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 There is an old saying in Washington, often attributed to Harry Truman; “voters don’t care how much you know until they know how much you care.” The late Massachusetts Democratic Congressman “Tip” O’Neil, who was in Congress for 34 years, 10 of which as the second longest serving Speaker of the House → Read More  27 comments - (Comments are closed)  We’ve all seen the numbers — every job has somewhere between 5 and 50 people applying for it nationwide, and the Tier 5 unemployment extension that would lower those numbers and allow the job market to flow again is still over the horizon — if not on an entirely different planet. But → Read More 20 comments - (Comments are closed)  If you’ve never heard of Quantitative Easing, it’s probably because, like most people, you think that this recession is all about jobs, consumer confidence, and the endless wait for the Tier 5 unemployment extension. But if you look at it through the eyes of Ben Bernanke, the Chairman of the Federal Reserve, → Read More 16 comments - (Comments are closed)  The debate on unemployment extension and a Tier 5 has been an ongoing issue for some time now. It’s a depressingly familiar pattern. Federal unemployment extensions for Tiers 1-4 are (eventually) passed and yet more and more people who lost their job through no fault of their own are exhausting their benefits → Read More 47 comments - (Comments are closed)  There seems to be a new theme in the conservative talking points lately: the Tier 5 unemployment extension won’t actually help the people it targets. The reason given is that with the economy not growing at anything like a reasonable rate, and the proposed Tier 5 only lasting 20 weeks, the only → Read More 66 comments - (Comments are closed)  The Nobel Prize committee yesterday gave its prize for Economics to a trio of scholars who have worked for decades trying to understand the mechanics of unemployment; a very timely award going out to three individuals whose work strongly, if indirectly, supports the creation of a Tier 5 unemployment extension. None of → Read More 4 comments - (Comments are closed)  Bank of America (NYSE:BAC), JPMorgan Chase (NYSE:JPM) and GMAC (NYSE:AMJ.SO) have all halted foreclosure proceedings due to recent allegations of fraud, and the chances are good that there are several 99ers out there breathing a sigh of relief — while the Tier 5 unemployment extension might still be in stasis, at least → Read More 58 comments - (Comments are closed)  You can see it in the comments on this or any other site that regularly covers the Tier 5 unemployment benefits extension: the Democrats have shot themselves in the foot this election. Like so many of our world’s leaders, they’ve failed to pay attention to the lessons that history has to offer → Read More 107 comments - (Comments are closed) |
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