User: newstrust Topic: US Economy
Category: Recession
Last updated: Feb 25 2020 01:27 IST RSS 2.0
 
1 to 20 of 49,090    
The Next Economic Recession Will Likely Come From Climate Crisis 24.2.2020 Truthout.com
Extreme weather caused by climate change could lead to a recession "the likes of which we've never seen ...
Also found in: [+]
Bloomberg’s 2008 Story About the Great Recession Is Still Racist and Untrue 24.2.2020 Truthout.com
A video of Michael Bloomberg blaming the financial crash on efforts to fight redlining is making the rounds ...
Also found in: [+]
Professor warns: A recession ‘the likes of which we’ve never seen before’ could be on its way 24.2.2020 Raw Story
American companies are ignoring the risks of climate change at their own peril, according to a researcher warning that extreme weather caused by the climate crisis could result in a devastating economic recession. This article first appeared in Salon. Financial markets are failing to account for the risks that increasingly frequent and worsening floods, droughts, […]
Also found in: [+]
‘Fiscal hawks’ now endangered as US shrugs at debt 20.2.2020 Raw Story
At their national convention in 2012, Republicans mounted a clock counting the growing US national debt on the wall, a warning of the looming financial catastrophe they said imperiled Americans. Eight years later, the clock has stopped under Republican President Donald Trump, and the “fiscal hawks” whose strident calls for action to contain the trillions […]
Also found in: [+]
An insider says that white rural Christian America has a ‘dark, racist underbelly’ 19.2.2020 Raw Story
A common theme keeps cropping up from all sides: “Democrats fail to understand white, working-class, fly-over America.” Trump supporters are saying this. Progressive pundits are saying this. Talking heads across all forms of the media are saying this. Even some Democratic leaders are saying this. It doesn’t matter how many people say it, it is […]
Also found in: [+]
Ex-GOP lawmaker wrecks his party for letting Trump drive America into ‘financial ruin’ 18.2.2020 Raw Story
Former Rep. Mark Sanford (R-SC), who also ran an ill-fated primary challenge against President Donald Trump, has written an op-ed for the New York Times in which he scolds his party for completely abandoning the mantra of fiscal responsibility that it repeated throughout former President Barack Obama’s two terms in office. Even though the GOP […]
Trump Rage-Tweets Over Obama Taking Credit For Today's Economy 18.2.2020 Crooks Liars
I swear, Morning Joe is just trolling Trump at this point. This morning, Scarborough points out exactly who laid the foundation for today's economy, just to throw wood on the fire. Yes, it was 11 years ago that Obama signed the Economic Recovery Act: Eleven years ago today, near the bottom of the worst recession in generations, I signed the Recovery Act, paving the way for more than a decade of economic growth and the longest streak of job creation in American history. pic.twitter.com/BmdXrxUAUf — Barack Obama (@BarackObama) February 17, 2020 And Baby Diaper-Boom-Boom is having a teensy hissy fit this morning: Did you hear the latest con job? President Obama is now trying to take credit for the Economic Boom taking place under the Trump Administration. He had the WEAKEST recovery since the Great Depression, despite Zero Fed Rate & MASSIVE quantitative easing. NOW, best jobs ...
Also found in: [+]
Ex-Trump adviser flails wildly after CNN guest dismantles his ‘best economy ever’ talking points 18.2.2020 Raw Story
Stephen Moore, a former economic adviser for President Donald Trump, flailed wildly on CNN when Washington Post business columnist Catherine Rampell schooled him about the real facts behind the economy. During the debate, Rampell argued that the economy right now isn’t all that different from the economy under former President Barack Obama, as GDP growth […]
MSNBC’s Morning Joe and Mika troll Donald Trump with brutal fact-check of his jealous attacks on Obama 18.2.2020 Raw Story
MSNBC’s Joe Scarborough and Mika Brzezinski busted President Donald Trump’s latest jealous attacks on his predecessor. President Barack Obama noted the 11th anniversary Monday of the Recovery Act he signed, which set the stage for more than a decade of economic growth from depths of the worst recession in decades, and Trump lashed out hours […]
Also found in: [+]
Trump desperately tries to convince Americans he saved the economy after the 2008 crash 18.2.2020 Raw Story
President Donald Trump on Monday lashed out his predecessor as his fixation with the Obama administration continues. “Did you hear the latest con job?” Trump asked. “President Obama is now trying to take credit for the Economic Boom taking place under the Trump Administration,” Trump claimed. Trump went on to brag that interest rates were […]
Also found in: [+]
Obama Touts His Economy, Axios Says Trump Avg. GDP Growth Outpaced His 18.2.2020 NewsBusters
Former President Barack Obama, touting his own economic magic wand, tried to take credit for the Trump economy. Obama sent out the self-congratulatory tweet February 17. He said that, “Eleven years ago today, near the bottom of the worst recession in generations, I signed the Recovery Act, paving the way for more than a decade of economic growth and the longest streak of job creation in American history.” ...
Also found in: [+]
Fox News reports wages rose faster under Obama than Trump after his campaign lashes out at predecessor 18.2.2020 Raw Story
In what was possibly a hint to remind people of his legacy this Monday, former President Barack Obama gave a shout out to the anniversary of his signing of the 2009 economic stimulus package. “Eleven years ago today, near the bottom of the worst recession in generations, I signed the Recovery Act, paving the way […]
Also found in: [+]
As household debt hits $14 trillion, economists say Fed solution for next recession insufficient 14.2.2020 Raw Story
“For most people, these policies will further increase in their cost of living, while their wages remain stagnant.” On the heels of reports that U.S. household debt hit $14 trillion for the first time in history, Federal Reserve Chair Jerome Powell told lawmakers Wednesday that the central bank would use quantitative easing as the primary […]
Fed chair says it's 'too early' to talk about lowering rates over coronavirus. Trump isn't happy. 12.2.2020 LA Times: Business

Fed chair said the coronavirus is a threat to the American economy, but that it was "way too early" to talk about lowering interest rates. Trump was not happy.

Also found in: [+]
New York Times Reports 'Black Workers' Wages Are Finally Rising' -- Headline Altered for Paper 8.2.2020 NewsBusters
The New York Times published a rather shocking article for Saturday’s newspaper. Online, the headline was an attention-grabber: "Black Workers’ Wages Are Finally Rising -- Their pay is increasing after a decade of stagnation. One man’s story shows the hope — and limitations — with that shift." Wait. So black workers’ wages stagnated....all through the Obama presidency. This is NOT the headline that made the Saturday ...
Also found in: [+]
Trump boasts of his economic boom — but there’s a simmering ‘economic crisis’ no one talks about: report 8.2.2020 Raw Story
In New York City, activist Jimmy McMillan is famous for his declaration, “The rent is too damn high” — an assertion that renters in many other large urban centers in the U.S. agree with wholeheartedly. But housing isn’t the only thing that has become more and more unaffordable; Americans are also being priced out of […]
Also found in: [+]
225,000 Jobs Added in January, and Still No Media-Predicted Recession 7.2.2020 NewsBusters
The latest Bureau of Labor Statistics (BLS) report found that the Trump economy is continuing to pump jobs into the market. And yet, still no evidence of the recession the liberal media have been howling about. The most recent jobs report found that the U.S. economy added 225,000 nonfarm payroll jobs for the month of January, destroying economists’ expectations of 158,000 ...
Also found in: [+]
Trump Just Claimed He’s Weaning People Off Food Stamps. In Truth He’s Kicking Them Off. 5.2.2020 Mother Jones
At the State of the Union speech on Tuesday night, Donald Trump credited his administration for helping lift people out of poverty and off dependence on food stamps, saying that since he became president, 7 million people have stopped using food stamps. But that’s not showing a complete picture. While Trump brags on national television about […]
Also found in: [+]
Here’s What Trump Won’t Talk About in the SOTU (Hint: It’s Everything Important) 4.2.2020 Truthout.com
As we approach the 2020 election, it’s time to give an honest accounting of Donald J. Trump’s time in ...
Also found in: [+]
Hong Kong economy shrinks for first time in a decade 3.2.2020 Raw Story
Hong Kong confirmed Monday it plunged into recession in 2019, suffering its first annual contraction in a decade as the city buckled under the twin pressures of the US-China trade war and months of furious pro-democracy protests. The data was released as the semi-autonomous city begins the lunar new year facing another economic crisis — […]
Also found in: [+]
1 to 20 of 49,090