The chart above shows how different this recession has been from other recent recessions: at the peak, the percentage of the labor force receiving unemployment compensation was 67% more than at the peak of the 1981-82 recession. This goes a long way to explaining why this recovery has been so tepid.
full articleFederal welfare spending is now approaching the $1 trillion mark. We’re talking about more than...
Nearly half of all taxpayers are over 45, compared to 39 percent in 1997.
That looming tax hike for dividends represents a huge incentive for shareholders to push the...
U.S. oil output is surging so fast that the United States could soon overtake Saudi Arabia as the...