Nearly half of Americans in a recent poll believe China has surpassed America as having the strongest economy in the world, and more than half blame outsourcing and the loss of manufacturing jobs for the shift.
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The tax cut compromise between Obama and the GOP is now being touted as a back-door stimulus plan, one that some economists predict will create or save 3.1 million jobs. Unfortunately, the model on which those forecasts are bas…
Nouriel Roubini, the NYU economics professor who has earned the nickname “Dr. Doom” for his predictions, says he’s concerned the tax cut compromise struck by President Obama and GOP leaders could expose the U.S. to bond vigila…
The Commerce Department reports that U.S. corporate profits have hit historic highs, so why isn’t the GOP — the party of business — celebrating? After all, those profits are coming not from revenue growth — which would benef…
House Republicans thwarted an expedited effort by Democrats to extend jobless benefits into next year. It cleared by 258-154 but failed to meet the two-thirds majority needed for “fast-track” passage. Two million Americans coul…