Archive | Economy
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Obama pushes to ‘pass this jobs bill’
President Barack Obama spoke at NorthCarolina State U. to discuss his plans for the American Jobs Act Wednesday afternoon.
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Column: The anti-stimulus argument
In 1965, Milton Friedman, the scion of right-wing economics, famously declared, “We are all Keynesians now.” If he were alive today, Friedman might add, “And we are all Keynesians still.
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Editorial: Obama’s plan could work, if given the chance
The Facts: President Barack Obama unveiled his American Jobs Act at the Joint Session of Congress Sept. 8. Being true to his word, he is taking it across the nation to garner support. Our Opinion: The bill appeals to both sides and has the potential to spring us out of this recession.
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Poverty rate increases in 2010
Poverty in the United States rose to 15.1 percent in 2010, with 46.2 million Americans reportedly below the poverty line, according to a report released by the Census Bureau Tuesday.
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Harvard economists have mixed views of Obama’s jobs proposal
In the midst of a troubled labor market and national economic uncertainty, economists at Harvard have expressed mixed opinions about President Obama’s jobs proposal, which would offer a package of tax cuts and spending projects totaling $447 billion.
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Column: Starbucks CEO embodies America’s economic rage
The ideological stone wall that has long separated Washington D.C. from the rest of the country may have finally met the force that will lead to its fall.
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Column: Keep moving
America’s national anthem ends with the phrase: “O'er the land of the free and the home of the brave.” Does the land of the free also have to be the land of the unemployed? Over the past few years our nation has been struggling to recover from a recession marked by high unemployment.
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Column: Why we need a fair tax
In order to premise this article, it is first necessary to explain what a flat tax is. A flat tax is one in which the tax rate is constant regardless of the circumstances. This could apply to the gasoline tax, the income tax or various other forms of taxation.
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Column: Reversion to the mean
“What goes up must come down” is an everyday expression which explains the statistical concept, reversion to the mean. Most statistical theories or investment models are very complex and have limited successful track records, but reversion to the mean is intuitive and easy to grasp.