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Which is the more redistributionist of our two parties? In recent decades, as Republicans have devoted themselves with laser-like intensity to redistributing America's wealth and income upward, the evidence suggests the answer is the GOP.
NEW YORK - When George W. Bush took up residence in the White House in January 2001, total U.S. debt stood at $5.95 trillion. Last week it was $14.3 trillion, with $2.4 trillion more freshly authorized by Congress.Ten years and $8.35 trillion later, what do we have to show for this decade of deficit spending? A glut of unoccupied homes, unemployment exceeding 9 percent, a stalled economy and a huge mountain of debt. Real gross domestic product growth averaged 1.6 percent from the first quarter of 2001 through the second quarter of 2011.
...skyrocketing, executive pay? Yes - but it's been awhile. According to a study published last month by the National Bureau of Economic Research, those with the most take-home pay have been sitting pretty since before "The Honeymooners" was on...
Now that nearly all economists agree the U.S. economy is in recession, some have moved on to debate where we are in the process.
WASHINGTON (AP) -- It's official. The National Bureau of Economic Research announced Monday that the United States entered a recession in March, the month in which the longest expansion in U.S. history...
NEW YORK - Consumer confidence unexpectedly eroded for the fifth consecutive month in November, hitting a 7 1/2-year low as Americans continued to worry about layoffs and their buying power.
...between the House and Senate, that appears to be where we're headed. As if there were any doubt, the National Bureau of Economic Research made it official last week -- The U.S. is in a recession. Now is when we need help, not two years...
...have averaged about 11 months," Keating said. "If this one did start in March (as determined by the National Bureau of Economic Research), that would take you to February." But, he said, "we may may be in store for a longer than average...
...from aerospace to the vehicle industry." Late last month, the recession-dating committee of the National Bureau of Economic Research announced that the current contraction began in March, the point at which national employment started...
...will probably be seen as the month in which the recession ended because of February's job gains. The National Bureau of Economic Research, the traditionally recognized arbiter of when recessions begin and end in the United States, declared...