Welcome to the number one recession survival blog! Sign up for our RSS feed and follow us on Twitter to get the most out of the information provided here. Thanks for joining us! Tweet According to a damning and sobering new report by the Center For Economic and Policy...
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Tweet 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...
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Tweet Although the unemployment rate fell to 9.7% for the month of May, the Obama administration is not happy. The vast majority of jobs added to the economy were temporary census positions. Meanwhile, private companies failed to meet economists’ expectations. Last...
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Tweet Just when you thought it was okay to praise Congress (in spite of Republican delay tactics) for their passage of a law that would add an additional 14 weeks of unemployment aid, we find out about a boneheaded oversight. Unless another set of extensions are renewed...
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Tweet While the recession has harmed a considerable number of Americans, blacks are doing much worse than other groups of citizens. What is thought to be a recession for most Americans is actually a depression for African-Americans. The numbers are stark. Blacks have...
read moreTweet Current unemployment is at its highest rate in 26 years. Rising to 9.7%, many experts believe that unemployment will likely reach 10% by the end of the year. Underemployment, or those who have had their wages reduced or hours cut, has reached 16.8%. The Federal...
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