Even as the unemployment rate remained at 9.1 percent, job creation stalled in August, and was revised downward in June and July, signaling a recession.
obama administration
Taxes, the Economy, the Stimulus: Separating Fiction from Fact
Answers to recurring questions of the day: what’s the state of the economy, are Americans really as overtaxed as they think they are, and what has the 2009 economic stimulus accomplished–or not?
What Barack Obama Can Learn From Rick Scott
With Rick Scott’s poll numbers in the 20s, the governor went for a cosmetology make-over. Barack Obama could do the same, in reverse: he needs to be liked less and to govern more.
The Down Side of Fuel Efficiency: Florida Governments Will Take a $5 Billion Hit
As the Obama administration seeks to double average fuel efficiency by 2025, State and local government revenue dependent on gas taxes will see big declines in revenue that pays for roads, bridges and other infrastructure.
In a Florida Case, 2nd U.S. Appeals Court To Rule on Health Law Strikes It Down (It’s Now 1-1)
A divided panel of the conservative 11th U.S. Circuit Court of Appeals in Atlanta, in a case from Florida, ruled health reform unconstitutional, saying it is “unprecedented, lacks cognizable limits and imperils our federalist structure.”
When France Has a Better Credit Rating Than the United States
What does it mean to the United States when France and Britain are considered safer destinations for investors by credit rating agencies such as Standard & Poor? It shouldn’t mean much. But it’s not always about what’s rational.
Health Reform Won’t Slow Costs as Spending on U.S. Care Nearly Doubles by 2020
U.S. Health spending will grow by an average of 5.8 percent a year through 2020, compared to 5.7 percent without the health overhaul. With that growth, the nation is expected to spend $4.6 trillion on health care in 2020, nearly double the $2.6 trillion spent last year.
Gov. Rick Scott on Impending Federal Government Shutdown: What, Me, Worry?
Rick Scott is unconcerned about the federal shut-down, saying its impact on Florida will be “minimal.” Much of the evidence says otherwise as millions of Floridians’ including Social Security and food stamps recipients, may be affected.
Boehner-Obama Debt-Ceiling Follies: Your Hair-Pulling Guide on Stats and What Ifs
How dire could the consequences of not raising the debt ceiling be? What are the possible solutions? Here’s a reading list to help you keep up as the clock ticks to next week’s deadline.
Debt Ceiling Fallacies: How to Pay Down The Deficit Without Really Trying
The debt limit debate could have some catastrophic consequences for the economy, writes Kyle Russell, but politicians aren’t telling the whole story, and the fix isn’t nearly as bad as it may sound.