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In the UK, the country I’ve called home for the past few months, we’ve now officially entered an unexpected double-dip recession. Like Obama, Prime Minister David Cameron inherited a huge debt. However, the British pound is much...
Simmering With Greece “Pass this Bill,” urged President Barack Obama, warning that the alternative to his jobs plan was a crisis that would resemble Europe’s. In Sarah Palin’s letter to her Political Action Committee, she stressed the...
On August 5, 2011, the credit rating agency Standard and Poor’s downgraded the status of the United States’ long-term credit rating from AAA to AA+. Riots immediately broke out nationwide, Texas seceded from the Union, and California broke...
With the congressional deadline approaching to decrease the deficit by more than a trillion dollars, some still question if this imposed decrease is necessary. The deficit could be sustainable and may not even harm future generations. Yet, there...
The Federal Bureau of Labor Statistics paints a rosy picture for prospective college graduates. In 2010, while the federal unemployment rate averaged a discouraging 9.6%, unemployment figures fell to 5.4% and 1.9% for bachelor’s degree and...
The future of the world economy and quite possibly the fate of the galaxy rests on Ben Bernanke's shoulders. Ben Bernanke, the chairman of the Federal Reserve, is perhaps the most powerful man in the United States right now. His decisions...