economy
OPINION: Radical change is required to get out of Japan’s minus growth of 12.7%
February 23, 2009Japan's real GDP growth rate fell at an annual rate of 12.7 percent in the 4th quarter of 2008. Its total exports fell at the sharpest pace on record. Capital investment and personal consumption also declined.
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Funding in economic recovery plan should create jobs for unemployed minorities
February 22, 2009President Obama aims to create or save 3.5 million jobs over the next two years by spending some of the money in the recently-enacted stimulus plan on modernizing the nation's roads and bridges, investing in public...
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What a recession means for Black America
February 22, 2009Recessions hurt. And they hurt the poor and socially marginalized populations the most. As we face the prospect of the second recession of the decade and consider the merits of various stimulus packages, it is useful...
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Guess what? The New Deal worked!
February 19, 2009Since the economic crisis we're now in is being compared to the Great Depression, the solutions being offered are being routinely compared to the New Deal. Republicans in particular have been quick to pronounce the New...
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Obama economic plan signed into law
February 19, 2009US President Barack Obama signed his hard-fought stimulus plan into law on Tuesday in the hope that the huge injection of public funds will cushion the collapsing US economy.
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