How Long Is America’s Road Back to Full Employment?

by | Jan 11, 2011 | Towing

There’s no way to sugarcoat it: The U.S. job deficit is huge, and it will take years to fix. But investors shouldn’t become too pessimistic. America’s economy has the capacity to adapt and renew itself faster than many folks ex…

This Year’s Federal Deficit: About 10% of the GDP

by | Oct 5, 2010 | Towing

The federal deficit will amount to the equivalent of approximately 10% of U.S. gross domestic product for the fiscal year, which ended Sept. 30, according to a Treasury official. That’s about the same percentage as the previous…