Global Economic Crisis

There are many things that are affecting the US economy and its huge middle class. The middles class has been the backbone of the US economy and for long has been the engine of growth and industriousness. There is no wonder then that lots of people feel that the middle class is key to the [...]

There was a time when anyone who spoke against free economy was labeled a communist and an anti-social in countries like the US. The great votaries of free economy said that public controls and governmental intervention in economic matters should be minimal. This is because of the fact that this is what was said to [...]

The US economy has seen a lot of turmoil over the last two years. The finances of the country went for a toss, even as a large numbers of banks went under a cloud and so many companies had to shut down. The effects of this downturn are being felt even now when you have [...]

The US economy is going through some of the toughest times ever. There are so many people who have lost their means of income and also had to close their business. This is sad but true because of the way the global economy has shaped up over the last couple of years. The low demand [...]

The US economy and lessons from Greece There are many folks who say that Greece is too small an economy to make a dent on the US economy which straddles the world economy space like a colossus. While this is true, it goes without saying that there are lessons for the US economy from Greece, [...]

There are many folks who are very concerned about the question of immigration reform in the US. This is rather surprising because over the last 300 years or so, America has been a country of immigrants. If you did not have people coming from the different parts of the world this country would not have [...]

There are quite a lot of people who are keeping a close look at the unemployment rate. This is something that a lot of people are worried about. Month after month, people keep on losing jobs and yet the government seems happy to announce that the unemployment rate has fallen from 9.7% to 9.5%. This [...]

The Chinese economy is the fastest growing economy in the world. This is not surprising given the fact its government has paid a lot of attention to creating new jobs. This is quite different from some other countries which have not done so. There have been measures that the Chinese economy has taken to promote [...]

There seems to be a ding dong battle on, in the US economy and unemployment rate stakes. People are closely watching all the relevant figures for any signs of improvement. People are desperate that the US economy come out of the woods, and to have a situation where the unemployment rate is holding up at [...]

Should Congress take a pay cut? That is the questions posed on Washington D.C. this week. Huffington Post reports “A bill introduced in Congress would reduce congressional pay by five percent. Representative Ann Kirkpatrick (D-Ariz.) introduced the Taking Responsibility for Congressional Pay Act, which would cut congressional salaries for the first time since 1933.” To [...]