Economy

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- Men Not Working, and Not Wanting Just Any Job
  Posted by Billbar from New York Times
  Millions of men like Mr. Beggerow — men in the prime of their lives, between 30 and 55 — have dropped out of regular work. They are turning down jobs they think beneath them or are unable to find work for which they are qualified, even as an expanding economy offers opportunities to work. About 13 percent of American men in this age group are not working, up from 5 percent in the late 1960’s. The difference represents 4 million men who would be working today if the employment rate had remained where it was in the 1950’s and 60’s.
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- To the U.S.: “Thanks for the Money!” -Halliburton
  Posted by Billbar from firedoglake
  While members of the GOP did endzone dances in celebration of the fourth highest deficit — ever — there were some interesting developments this week with government spending on Bush’s misadventure in Iraq and the underworld of war profiteering.
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- Britain and world set for 'hard landing'
  Posted by Billbar from Times Online
  Fears are growing of a sharp slowdown in the global economy, triggered by big increases in energy prices and rising interest rates. Economists at HSBC say there is a greater risk of a “hard landing” for both the world economy and Britain. Oil prices hit a record of more than $78 a barrel on Friday, driven up by the escalating Middle East conflict. At the same time the Bank of Japan ended its zero interest-rate policy by raising its key rate, for the first time in six years, to 0.25%.
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- Hannity repeated false claim that Reagan oversaw "longest period of peacetime growth"
  Posted by newscloud from Media Matters
  On the July 6 edition of his nationally syndicated radio show, Fox News host Sean Hannity again repeated the false claim that former President Ronald Reagan oversaw "the longest period of peacetime growth in American history." In fact, as Media Matters for America has documented when Hannity previo...
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- ABCs Gibson, Stephanopoulos repeated GOP spin on "pretty good" economy, ignoring that wages are barely keeping pace with inflation
  Posted by newscloud from Media Matters
  During the May 30 broadcast of ABC's World News Tonight, anchor Charles Gibson cited a May 16 ABC News/Washington Post poll showing that 60 percent of Americans disapprove of President Bush's handling of the economy and asked chief Washington correspondent George Stephanopoulos to explain t...
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- Ignoring economic facts, Matthews claimed Democratic Party "hasnt done jack" for middle class
  Posted by newscloud from Media Matters
  On the May 9 edition of MSNBC's Hardball, host Chris Matthews claimed that the Democratic Party "hasn't done jack" to improve the economic well-being of poorer and middle-class Americans. In fact, during the Clinton administration -- the last period during which Democrats had significant co...
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- Buchanan falsely claimed stock market is at an "all-time high"
  Posted by newscloud from Media Matters
  On the April 20 edition of MSNBC's Hardball with Chris Matthews, MSNBC political analyst Pat Buchanan falsely claimed that "the Dow Jones [Industrial Average] hit a record today" and that "the stock market is at an all-time high." In fact, none of the three major U.S. stock market indices reach...
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Damianmann comments on:
Top Government Official Says US on Verge of Economic Disaster

I try to focus on the “happy” stories

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2:58 pm 10/29/06

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SoxFirst
Member since Sep 2008
Leon Gettler is a blogger and senior business journalist at The Age, specializing on management issues. His latest book, Organisations Behaving Badly focuses on the forces that lead smart executives into making dumb decisions.
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marcuscrockett2
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Founder and President of Appreciating Assets, LLC and wealth media site that provides news, inspiration and education about wealth building.
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rpairan
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Damianmann
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Damian is a former campaign worker for Ralph Nader and current delegate/precinct captain for Barack Obama . He is also a registered Independent voter. He's written columns for "Tabula Rasa" magazine as well as many music magazines around the globe. Whatever you do, don't offer him alcohol.
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Jeff is the founder of NewsCloud. He is also a freelance writer and blogs at Idealog.
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Economy

Damianmann comments on: