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 A careful study of the unemployment situation and how long it is going to take to get out of this hole combined with no apparently imminent extension of unemployment insurance or the addition of a Tier 5 suggest that many members of the U.S. Congress – of both parties – may not → Read More  13 comments - (Comments are closed)  Everyone has been watching the Tier 5 unemployment extension with baited breath. Either you need it, you know someone who needs it, or you hate the very idea of it with an undying passion: almost no one is apathetic on the issue. We all know what would happen if Tier 5 passes → Read More 57 comments - (Comments are closed)  On Wednesday, President Obama travelled to Cleveland to deliver what his aides described as a “major speech on the economy” but in reality was more like a campaign speech. He did propose to continue tax cuts enacted under the Bush Administration for households making less than $250,000 for couples ($200,00 for individuals) → Read More 12 comments - (Comments are closed)  The lines have been drawn in the sand for months now: on one side, the anti-Tier 5 Republicans, Libertarians, and Tea Partiers; on the other, the pro-Tier 5…everyone else. Each has arguments that sound reasonable — or at least ‘not insane’ — on the surface. Each has a solid base of supporters → Read More 80 comments - (Comments are closed)  By the time next week, the U.S. Congress will have returned to Washington and be back in session. This is a relatively short session, currently planned to end on October 8 and will contain – at most – 16 days when there will be legislative business conducted. And the silence from both → Read More 30 comments - (Comments are closed)  As the November 2 mid-terms approach more and more polls are showing the Democrats may be heading for a significant loss that may well change the control of at least the House of Representatives and reduce their majority in the Senate. Many political observers believe that if control of one (or both) → Read More 27 comments - (Comments are closed)  The critics of the Tier 5 unemployment extension, by no coincidence, also seem to be the people most eager to criticize Obama’s giant stimulus package, the American Recovery and Reinvestment Act (ARRA). These critics point to the still-down economy as proof that ARRA has failed to do its job, and that by → Read More 26 comments - (Comments are closed)  At a Labor Day event in Milwaukee, President Obama called for an upfront investment of $50 billion to improve roads, railways and runways as part of a larger six-year strategy to update the nation’s aging infrastructure. He did not mention any plans which could be considered immediate assistance to the millions of → Read More 9 comments - (Comments are closed) |
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