Wave of layoffs in the US election campaign (tags)
The corona pandemic triggered the most massive job losses in the USA since the Great Depression in the 1930s. Unemployment rose to its highest level in more than 70 years. In April alone, 20.5 million jobs outside agriculture were cut, according to the government
Problems In the US Economy (tags)
We can propel our economy out of recession and quite easily. It is unfortunate all the doom and gloom in the media about the greatest economy ever created in the history of mankind. The US economy will soon surpass 20 Trillion Dollars per year,
US Election 2012: Stewart Alexander Dismisses Obama’s Jobless Recovery (tags)
Alexander says financing the war and the U.S. occupation in Iraq and Afghanistan is costing U.S. jobs and hundreds of billions of dollars that could be used to rebuild and repair our nation’s infrastructure; “The war and occupation is taking the U.S. economy into a full scale depression.”
Socialist Stewart Alexander: Washington and Capitalism in Shambles (tags)
Since President Barack Obama took office in January, the U.S. economy has gone from bad to worst. Nationwide, home foreclosures continue to climb, consumer spending is down due to the credit crisis, more than 6 million Americans remain unemployed, and while paychecks are shrinking, inflation and gas prices are on the increase. The U.S. economy and capitalism is in a total mess.
Alexander: Food Lines Show Signs of National Depression (tags)
According to Reuters, “The previous record for food stamp enrollment was 31.6 million last September, which included “disaster” stamps for states hit by hurricanes and floods.” Today’s disaster, that has increased that number is the U.S. economy; even with the government bailouts totaling close to $3 trillion, the U.S. economy is in freefall and the lines for food stamps and unemployment benefits continue to climb.
Capitalists Attempting to Redefine Socialism (tags)
Since Congress passed the first $168 billion government stimulus, the “S” word has become a favorite term for the corporate media in referring to socialism. It would be more appropriate to use the “S” word to refer to “stimulus” because it is evident that the capitalists are moving no closer to a transition to socialism; however, as the U.S. economic crisis continues to expand and the failure of capitalism become more apparent to the world, the wealthy ruling elite are now sustaining capitalism with one stimulus after another.
3 Recent Graphical Economic Indicators (tags)
Three major indicators were publish recently. The US economy is slowing down gravely and the signs are definitely showing the de-acceleration.
II-The international Crisis WS Report, Curitiba, Pr, Br (tags)
Watch it now at web tv at http://www.aenoticias.pr.gov.br/tv-aovivo.php
Bush....an economic terrorist
V.P. Candidate Alexander: Fed Rescue Plan a Temporary Fix (tags)
Vice Presidential Candidate Stewart A. Alexander, says the $700 billion rescue plan is only a temporary fix for an economy with many fractures. “The root cause of the U.S. economic crisis is the system, capitalism; and every 75 years a new bailout plan becomes necessary.”
Alexander Dismisses Economic Plans of Obama and McCain (tags)
There is no easy fix for the ailing U.S. economy, and Barack Obama and John McCain are not prepared to make the necessary changes that will protect the interests of working people. Comparing the economic plans of the two candidates, it does not matter whether McCain or Obama is elected in the 2008 Election; the economic programs that have been outlined by both candidates will only produce minor differences to the present Bush White House.
Working people relying on stimulus checks, coins and lotto (tags)
The platforms of the Socialist Party USA and Peace and Freedom Party outline fundamental approaches that will promote economic policy that will benefit working people. Both socialist parties are rejecting the economic strategies of the Democrats, Republicans, and their candidates; advancing U.S. imperialism and waging war is not the answer for our economy that is now in economic free fall.
U.S. Economy doing well? Think again. (tags)
Hold on to your shorts and wallets!
Socialists: Working people don’t need stimulus checks (tags)
The recent action taken by President Bush and the Feds, to reduce the time that 130 million Americans will need to wait before receiving their welfare checks, is another indication of the critical state the U.S. economy is now experiencing. Socialists believe it is necessary to create good paying jobs for working people rather than mailing millions of people a one time welfare check. Socialists have called for higher minimum wages and developing socially useful jobs for all working people.
Interview with Kurt Richebacher (tags)
"The dangers that loom on the currency front are immense. The US trade deficit and the accumulated foreign indebtedness have reached a scale that defies any possible action by central banks." Dr. Richebacher is a former economist of the Dresden Bank.
US Locomotive Losing Steam (tags)
In 2006 after the crash of the New Economy boom, we are again witnessing irrational excess in the credit system and in the prices of assets and property titles.
"The US economy grows but depends on the rest of the world supplying hundreds of billions of more goods to the US every year than come from the US.. This will not last forever.."
Any realistic analysis of the Bush Administration and it's impact on the US and Global economy indicates that the US Dollar is being demolished. - Greensplat
A Snow Job on Social Security (tags)
Bush’s stump campaign to sell his divide-and-conquer plan for wrecking Social Security has been a failure. So now he’s sent out his Treasury Secretary to try crying “wolf” in hopes of scaring retirees and workers about the security of the system. It’s WMDs all over again.
US Economy as an Accelerated War Economy (tags)
"A recovery based on job losses, wage cuts, increased health care costs, an incomparable increase in student fees and growing poverty is not John Kerry's idea of an American economy that works for America's workers.."