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The Swampby Frank James Bad news on the budget-deficit front. The Bush Administration shared with the nation today its forecast for the federal budget deficit: A record-setting $482 billion for fiscal year 2009. But there was good news too. Jim Nussle,......
The Swampby Katie Fretland Layoffs reported by employees across the United States have reached the highest level in five years, and 75 percent of Americans say now is a bad time to find a quality job, according to a new Gallup......
The Swampby Frank James The weak economy is driving up the deficit to a near record $407 billion for the current fiscal year and deficits for at least the next two fiscal years will be almost as high, according to the......
The Swampby Mark Silva For the record, the federal budget defict reached a new record in the 2008 budget year, which ended last week: $438 billion. For the new year, the president's Office of Management and Budget already has projected another......
The Swampby Frank James The pressure is only increasing on federal policymakers grappling with the financial and economic slide. The Dow Jones Industrial Average closed below 9,000, 680 points down this afternoon, signaling that the financial panic continues. Part...
The Swampby John McCormick SARASOTA, Fla. - With his frontrunner presidential campaign on cruise control, Sen. Barack Obama certainly had plenty of car analogies during a late-morning speech inside a baseball stadium here. There was a "ditch," a "dead end street,"...
Tags: Vehicles, Politics, Government, Bill Clinton, John McCain
The Swampby Frank James This goes into tell the tell-us-something-we-don't-know category. The Commerce Depart. reported this morning that the economy was really, really bad in the third quarter, contracting by three-tenths of a percent. The number is an early...
The Swampby Frank James Consumer spending is about 70 percent of the economy, definitely the dog that waves the tail. So when it falls substantially, as it did in September, the economy is in a hole it can't crawl out of......
Tags: Politics, John McCain, Consumers, State Budgets, Barack Obama
Spin CycleMcCain and Obama campaigns reacting to the announcement that GDP shrunk .3 percent in the third quarter. Both totally political, using the number as a springboard to attack the other guy. First, McCain advisor Douglas Holtz-Eakin: "Today's announcement...
The Swampby Frank James More bad economic news today on the unemployment front. Jobless claims climbed to the highest level in seven years last month. What's truly unnerving is that the numbers are coming in even worse than economists and other......
The Swampby Frank James Layoffs are being announced in the tens of thousands. Foreclosures have hit record levels. Billions of dollars of home equity have been wiped out for millions of Americans. Credit is difficult to get. Incomes are static. Mix......
KickingTiresThis weekend, a mob crushed a store employee to death in search of good bargains. Even with consumer confidence at a low this holiday season, people spent more money this Black Friday than last. However, most shoppers say they'll be......
Jul 29, 2008 |Blog| Chicago Tribune
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Dec 1, 2008 |Blog| Cars.com
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