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By Peter Moruzzi
$19.80
By Richard Brookhiser
$10.72
$23
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Flickr/Steel Wool
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By Robert Reich — With consumers and government both spending less, businesses won’t hire more workers; they’ll fire more workers. That’s likely to happen in coming months. Anyone with half a brain should be able to understand all this. But apparently many in Washington don’t have half a brain.
Posted on Feb 24, 2013
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Flickr/401(K) 2013
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By Robert Reich — The Conference Board reported Tuesday that the preliminary January figure for consumer confidence in the U.S. fell to its lowest level in more than a year. So why are consumers so glum? Because they’re deeply worried about their jobs and their incomes—as they have every right to be.
Posted on Jan 30, 2013
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Screenshot
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It appears the controversial decision by some retailers to start Black Friday sales on Thanksgiving has paid off.
Posted on Nov 26, 2012
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The Federal Communications Commission has a long and disappointing history of generally failing to regulate ever-larger media and telecommunications companies, except, during fits of prudishness, in the area of so-called indecency. But the latest incarnation of the FCC is proving to be more of a consumer advocate than its predecessors. (continued)
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stltoday.com
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Thank the regulatory heavens. The Federal Reserve is moving to prohibit banks from charging overdraft fees on ATM and debit card transactions unless the customer has opted into a program agreeing to pay the extra charges. Banks raked in $37 billion in fees last year, largely through unexplained programs and extraordinarily high levies.
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bls.gov
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A government report released Friday morning leaves little room for any defense of the failed policies of the Bush administration or any belief in the economic wisdom of John McCain, whose erroneous assertion that the “fundamentals of the economy are strong” failed to mention a 6.1 percent unemployment rate, up nearly two percentage points since 2007.
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Real American Boy: How Our Byzantine Immigration System and Failed Economy May Have Made a Terrorist
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