Economists continue to lower their expectations for a vigorous, sustained recovery. The economy cannot produce enough momentum to bolster the tepid good news from a few indicators. Business production is on the rise and a few of the Leading Economic Indicators were positive. However, these gains were offset by rising labor...
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I love this scene from Jackie Brown, a Quentin Tarantino film released in 1997. Although underrated, this is one of Tarantino’s best movies. I was actually watching this movie today when I realized how perfectly Jackie summarized the fear and angst that many people feel right now. Too many people feel trapped with no...
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This article was originally published at The Soulside Out. Reprinted with permission. The conclusion was far from inevitable. Amidst the ruin of war, the seeds for a new society were being planted. Poor whites took stock of their cultural and economic situation and a few realized that they had common cause with the newly...
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According to a damning and sobering new report by the Center For Economic and Policy Research, the prospects for an immediate recovery of the 8 million jobs shed during the 2000s are dim. Unfortunately, our politicians and policymakers do not get it. Calling for more austerity measures, the Republicans have demonstrated that they...
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It appears that Wall Street will get the bill that they have wanted all along. Please do not be fooled by the complex charade that is taking place on Capital Hill. Although Wall Street put up a nominal fight, this was the mother of all point-shaving scams. In the game of Wall Street versus Main Street, Wall Street still wins...
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Today is the perfect day to reflect on all of the wonderful things that make our nation great and our people strong. Let us also consider how we can continue to work harder in order to form a more perfect union. STR wishes everyone a Happy July 4th.
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