Recent Event Highlights: Ron Paul: QE2 Will Harm Economy, Hindery: Manufacturing at Core of Economy, RAF Lossiemouth vital for economy, Bulls & Bears: New Plan to Juice Economy, Bernanke: aid program needed to bolster economy, Economy and the election: Not always in lockstep, and 1253 more...
Created by dipity on Oct 8, 2008
Last updated: 01/05/11 at 06:26 PM
Excerpt
ATLANTA — It has become a cliche: It's the economy, stupid.
That was the Clinton campaign's mantra during its victorious 1992 operation. It is also the hope of every insurgent candidate in hard times, the reassurance for every incumbent when times are
Source Info
Deseret News
http://www.deseretnews.com/article/700078098/Economy-and-the-election-Not-always-in-lockstep.html?s_cid=rss-14
Excerpt
...before the recession hit. But to have any impact on the 9.6 percent unemployment rate, consumers need to spend more and the economy would need to rack up growth of 5 percent for a full year. "We're just muddling along," said Ken Mayland, president of ClearView...
Source Info
Detroit News Online
http://detnews.com/article/20101030/BIZ/10300330/1001/rss21
Excerpt
...2.1 percent. For the next year, Lee said that Singapore expects the GDP to grow at 3 to 5 percent. He said that the country's economy will likely expand more slowly than before, but the island-state must make up for this, firstly by growing the Gross National...
Source Info
Middle East North Africa Financial Network
http://www.menafn.com/qn_news_story_s.asp?StoryId=1093293065
Excerpt
The government unveiled financial stimulus packages to revive the economy hit by the global slowdown. Galen Clarke/The National
Stocks in the UAE hit a three-month high yesterday after a government minister predicted the economy would expand this year,
Source Info
The National Newspaper
http://www.thenational.ae/apps/pbcs.dll/article?AID=/20090906/BUSINESS/709069886/1005/rss
Excerpt
...is projected for the second half of 2010, Teshome said. The national recession began in December 2007 and took hold of the Iowa economy last fall. The Iowa Business Council is made up of 20 corporate members, the states three public universities and Iowas...
Source Info
Des Moines Register
http://feedproxy.google.com/~r/desmoinesregister/Business/~3/4fXuChnCDhw/
Excerpt
...interview with Yonhap News Agency, Justin Yifu Lin, World Bank chief economist and senior vice president, said the South Korean economy is forecasted to mark a decline of 3 to 3.5 percent this year, but it will likely make an upturn in 2010 and 2011 of a 2...
Source Info
People's Daily Online
http://english.people.com.cn/90001/90778/90858/90863/6683546.html
Excerpt
...quarter is still declining _ perhaps at a pace of 1 percent to 3 percent _ but not nearly as much as it had been. The economy sank at a 6.3 percent rate in the final quarter of 2008 and at a 5.7 percent pace in the first quarter this year. It was the worst...
Source Info
Taiwan News
http://www.etaiwannews.com/etn/news_content.php?id=982971&lang=eng_news&cate_img=logo_world&cate_rss=WORLD_eng
Excerpt
...according to 46 percent of those surveyed. Men, those with higher incomes and more education are more likely to say the economy is getting better. Women are more inclined to say the economy is weakening. The national survey was conducted Friday through Tuesday...
Source Info
The Caucus
http://thecaucus.blogs.nytimes.com/2009/06/17/new-poll-public-still-sees-poor-economy/
Excerpt
...to have a higher budget deficit. The economists said the government has been too hesitant in its efforts to stimulate the economy. Many of the measures in the government's massive stimulus program won't go into effect until the end of 2009 and the effects...
Source Info
Spiegel Online
http://www.spiegel.de/international/business/0,1518,628805,00.html#ref=rss
Excerpt
...capacity utilization, very tight credit conditions and deteriorating profitability. Almost all eurozone members saw their economy contract. Germany, the largest economy in the euro zone, shrank by 2.1 percent in the fourth quarter of 2008. France and Italy...
Source Info
People's Daily Online
http://english.people.com.cn/90001/90778/90858/90865/6607655.html
Excerpt
...address the other core elements of a new economic strategy to create a widely shared and sustainable prosperity in a global economy. It is time to think anew. This conference is designed to help begin that effort. Shared prosperity calls for a “revived social...
Source Info
AFL-CIO Blog
Related Topics
http://blog.aflcio.org/2009/02/11/krugman-think-beyond-stimulus-to-new-economy/
Excerpt
...India. A brief description of two men and their companies, leaders in India, who are making their mark on the world economy. Global recession has devastated the global auto industry with pinching effects on the Indian auto industry. India is a strong and growing...
Source Info
Associated Content
http://www.associatedcontent.com/article/1363602/indias_economy_at_a_glance.html
Excerpt
...love for every surgery to guarantee that the patient is "cured". Bodies are more complex than that. So is the economy. The economy, like a body, is a moving, breathing, changing organism responding to stresses in the environment. Many factors determine whether...
Source Info
Right Wing News (Conservative News and Views)
http://rightwingnews.com/mt331/2009/01/the_economy_isnt_a_machine_its.php
Excerpt
...between 2007 and 2008 appear sharper, economists said. "The change in GDP estimates for two years ago will not alter the economy's near-term outlook," said Sherman Chan, an economist with Moody's Economy.com. "The only effect is perhaps negative, as...
Source Info
France 24
http://www.france24.com/en/20090114-china-becomes-world-third-largest-economy-overtakes-germany-growth
Excerpt
...monopolies, have seen sharp declines. In July and August of 2008 I published three commentaries entitled, “The Chinese Economy Is Sliding Into Crisis” for Radio Free Asia. Many economists were skeptical, and friends questioned me, wondering if my cautionary...
Source Info
The Epoch Times
http://en.epochtimes.com/n2/content/view/10179
Excerpt
...and a healthy, vibrant economy. You cannot have a healthy economy if you ignore the needs of the poor. If the nutrients of an economy, otherwise known as goods and services (and money), are increasingly removed from general circulation and concentrated in...
Source Info
Des Moines Register
http://feedproxy.google.com/~r/desmoinesregister/Opinion/~3/HN4JZYWyqd8/
Excerpt
...2009 is a very successful year for the United Way, so we are more able to meet the human needs of the community. (With the tough economy) it’s going to be a challenging year, but we’re going to give it our best shot. I’m hopefully the community will provide...
Source Info
Bradenton Herald
http://www.bradenton.com/news/local/story/1126097.html
Excerpt
...to political existence or legitimacy. "However in the case of North Korea, if the regime opts for a move toward a market economy, it might be perceived as not only a shift in the economic model but also erosion of the legitimacy of the North Korean state itself,"...
Source Info
Channel News Asia
http://www.channelnewsasia.com/stories/afp_asiapacific_business/view/399656/1/.html
Excerpt
...Americans chose change. Their demand for new answers to old problems has created the very real opportunity to transform our economy and become energy independent by investing in clean energy. Right now, our nation faces an unprecedented economic crisis and...
Source Info
Detroit News Online
http://www.detnews.com/apps/pbcs.dll/article?AID=/20090101/OPINION01/901010328/1007/rss07
Excerpt
...a fire sale of the 85-year-old investment bank to J.P. Morgan Chase & Co. And the credit crunch that paralyzed the world economy only got worse after Lehman Brothers, a 158-year-old company that helped finance America's railroads, became the biggest bankruptcy...
Source Info
Minneapolis Star Tribune
http://www.startribune.com/business/36958489.html
Excerpt
...cutbacks that have struck other industries. Bar owners said part of the problem is changing lifestyles as a result of the tough economy. While shooting a game of pool with friends at a local bar has long been a social tradition, for some bars in Dane County...
Source Info
WISC Madison
http://www.channel3000.com/money/18392487/detail.html?rss=c3k&psp=news
Excerpt
...will make the steel mills of the Soviet Union look the model of efficiency. The ruling Democrats have a choice: Rescue this economy to return it to market control. Or use this crisis to seize the commanding heights of the economy for the greater social good....
Source Info
Charles Krauthammer (Washington Post)
http://feeds.washingtonpost.com/~r/wp-dyn/rss/linkset/2005/03/24/LI2005032401690_xml/~3/8Iq-SMlilWw/AR2008112702052.html
Excerpt
...well in spite of the party's claims that the economy was on track. "The facts and figures paint a very bleak picture of an economy that is not on track." The Convention People's Party (CPP) in its manifesto dubbed: "New Dawn, New Vision," described the economy...
Source Info
Ghana Web
http://www.ghanaweb.com/GhanaHomePage/NewsArchive/artikel.php?ID=153197
Excerpt
...and still keep providing the opportunity that’s out there for the people that actually want to produce. WASHINGTON (AP)—The economy jolted into reverse during the third quarter as consumers cut back on their spending by the biggest amount in 28 years, the...
Source Info
Say Anything
http://feeds.feedburner.com/~r/SayAnything/~3/437083481/
Excerpt
...$48 billion. The energy efficiency efforts of California began in the 1970s and have already shown a green economy is a good economy. By adopting new building codes and appliance standards, Californians saved $56 billion between 1972 and 2006 and saw 1.5 million...
Source Info
Treehugger
http://www.treehugger.com/files/2008/10/california-good-green-economy.php
Reception for international programs
Speed, decisiveness paramount with possible approaches including even Gov't direct investment in worsening companies.Full Digg post: http://digg.com/business_finance/Economy_Cratering_Regulators_Outline_Steps_to_Quell_Crisis
http://online.wsj.com/article/SB122334263094210175.html
By John Whitesides, Political Correspondent ST. LOUIS (Reuters) - Republican Sarah Palin and Democrat Joe Biden clashed on the economy and Iraq during a lively but polite debate on Thursday, and focused most criticism on their rivals at the top of. Sarah Palin avoided to answer the questions and went back to her media training and many rehearsals.Full Digg post: http://digg.com/2008_us_elections/Biden_Palin_clash_on_economy_at_debate
http://www.reuters.com/article/topNews/idUSTRE4918G120081003?rpc=64
With the economic downturn, many job markets seem in peril. However, investment in energy efficiency and renewable-energy strategies could create 2 million jobs in two years, economists claim. Full Digg post: http://digg.com/environment/Green_Collar_Jobs_to_Fuel_Future_Economy
http://www.livescience.com/environment/081001-pf-green-collar-jobs.html
Duck Tales teaches us about Inflation and the EconomyFull Digg post: http://digg.com/business_finance/Duck_Tales_teaches_us_about_Inflation_and_the_Economy
http://www.youtube.com/watch?v=t_LWQQrpSc4&fed
The designers of the international economy sternly demand that the poor accept market discipline, but they ensure that they themselves are protected from its ravages, a useful arrangement that goes back to the origins of modern industrial capitalism, and played a large role in dividing the world into rich and poor societies.Full Digg post: http://digg.com/political_opinion/Noam_Chomsky_on_Latin_America_and_the_US_economy
http://www.zmag.org/znet/viewArticle/18958
Full Digg post: http://digg.com/business_finance/Bush_s_Economy
http://images.ucomics.com/comics/crcbr/2008/crcbr080926.gif
Excerpt
...Differences arise over solutions, and analysts say it can make more sense for campaigns to make general pitches on the economy than faith-based appeals. "This is daunting, complicated stuff even for sophisticated voters," said John Green, a political scientist...
Source Info
Daily Bulletin
http://www.dailybulletin.com/news/ci_10571755?source=rss
Excerpt
...on ranking the issues, Green found remarkably little movement among faith groups' presidential preferences. Even with a sour economy and a Republican in the White House, Obama was polling about the same as '04 nominee John Kerry among faith groups. More recent...
Source Info
The Christian Post
http://christianpost.com/article/20080925/democrats-frame-economy-as-values-issue.htm
Excerpt
...about 50 premium economy seats on new 777-300ERs to be delivered in 2010. Both premium -- with more leg room -- and standard economy may then be reconfigured to a 2-4-3 layout -- first seen on the 747 in 1970 -- to better accommodate couples and family groups....
Source Info
The Australian
http://theaustralian.news.com.au/story/0,,24401748-23349,00.html?from=public_rss
John McCain on 60 Minutes, 9/21/08.
Scott Pelley: In 1999, you were one of the senators who helped pass deregulation of Wall Street. Do you regret that now?
John McCain: No, I think the deregulation was probably helpful to the growth of our economy. Full Digg post: http://digg.com/2008_us_elections/McCain_No_Regrets_on_Deregulation_Helpful_to_Economy
http://www.youtube.com/watch?v=vUJ_Qn0AHTU
Digg it UP!Full Digg post: http://digg.com/politics/Political_Radar_Obama_Picks_Up_Phone_on_Economy
http://blogs.abcnews.com/politicalradar/2008/09/obama-picks-up.html
Obama slams McCain using his fundamentals statement out of context, while praising Paulson. Well guess what, Paulson says?
"I wouldn't bet against the long-term fundamentals of this country."
Uhm, Obama? What's your plan? Oh, that's right, you're voting "present" again...Full Digg post: http://digg.com/politics/Again_McCain_is_RIGHT_on_the_economy
http://www.reuters.com/article/marketsNews/idUSN2148464520080921
Everyone loves a scapegoat, so figure out who yours is and compare the results to everyone else and find out who is getting the most fingers pointed at them.Full Digg post: http://digg.com/business_finance/Who_Killed_the_Economy_Interactive_Bracket_Style_Voting
http://www.portfolio.com/interactive-features/2008/06/Who-Killed-The-Economy
The first rule of holes is this: If you're in one, stop digging. New government estimates released last week show that the federal government will be in a big hole in fiscal 2009: a $546 billion deficit. They also help show how we got into this hole -- and the answer may surprise you.Full Digg post: http://digg.com/business_finance/Rising_546_Billion_Deficit_Don_t_Blame_the_Economy
http://www.huffingtonpost.com/bob-greenstein/rising-deficits-dont-blam_b_126986.html
On the air...Full Digg post: http://digg.com/2008_us_elections/New_Obama_ad_on_the_economy
http://www.youtube.com/watch?v=ONM7148cTyc
Yesterday, after two of Wall Street’s major banking institutions had just collapsed, Sen. John McCain (R-AZ) declared that he “still” believes “the fundamentals of our economy are strong.” As MSNBC’s First Read notes today, yesterday was only the most recent occasion that McCain has called the economy’s fundamentals “strong”Full Digg post: http://digg.com/2008_us_elections/McCain_Said_Economy_is_Strong_At_Least_18_Times_in_2008
http://thinkprogress.org/2008/09/16/mccain-economy-strong-18/
Full Digg post: http://digg.com/2008_us_elections/New_Obama_Ad_The_Fundamentals_of_Our_Economy_Are_Strong
http://www.youtube.com/watch?v=6reQLzgywzk&feature=user
After a huge economic meltdown McCain parrots the same old bullshit. He said Monday in Florida that the economy is still fundamentally sound. Anyone with a brain would beg to differ. As you wake up and check your stock portfolios, or just wonder if you'll have cash in your bank accounts... who is the agent of economic change in this election?Full Digg post: http://digg.com/business_finance/McCain_Sounds_Just_Like_Bush_The_Economy_is_STILL_STRONG
http://video.google.com/videoplay?docid=6419173474614447897&ei=OW_PSM6aEIawiAKL_aWoBw&q=bush+youtube+the+fundamental+of+the+economy+are+still+strong&vt=lf
Barack Obama on Monday mocked John McCain's promise to bring change to Washington, saying the Republican presidential nominee has marched loyally with President Bush and was out of touch with the economic distress of struggling Americans.Full Digg post: http://digg.com/2008_us_elections/Obama_Slams_McCain_Over_The_Economy
http://www.huffingtonpost.com/2008/09/15/obama-slams-mccain-over-t_n_126692.html
"My opponents may disagree, but those fundamentals of America are strong," McCain said at a campaign event in Orlando. "No one can match an American worker. Our workers sell more goods to more markets than any other on earth. Our workers have always been the strength of our economy, and they remain the strength of our economy today."Full Digg post: http://digg.com/2008_us_elections/McCain_clarifies_economy_comments
http://politicalticker.blogs.cnn.com/2008/09/15/mccain-defends-economy-comments/
Speaking in Florida this morning — the very day that two of Wall Street’s major banking institutions collapsed — Sen. John McCain (R-AZ) declared he “still” believes “the fundamentals of our economy are strong.”Full Digg post: http://digg.com/2008_us_elections/As_Wall_Street_Collapses_McCain_Declares_Economy_is_Strong
http://thinkprogress.org/2008/09/15/as-wall-street-collapses-mccain-declares-that-the-funamentals-of-our-economy-are-strong/
John McCain may want to refine his economic message a bit more during this potentially disastrous week for the financial sector. On the campaign trail in Florida, the Senator declared this morning that "the fundamentals of our economy are strong," despite what he described as "tremendous turmoil in our financial markets and Wall Street."Full Digg post: http://digg.com/2008_us_elections/McCain_refrain_Fundamentals_Of_Our_Economy_are_Sound
http://www.huffingtonpost.com/2008/09/15/mccain-fundamentals-of-th_n_126445.html
The U.S. credit squeeze has brought on a "once-in-a-century" financial crisis that is likely to claim more big firms before it eases, former Federal Reserve chief Alan Greenspan said. Greenspan told ABC's "This Week" that the situation "is in the process of outstripping anything I've seen, and it still is not resolved and it still has a way to go."Full Digg post: http://digg.com/business_finance/Greenspan_Economy_in_once_in_a_century_crisis
http://money.cnn.com/2008/09/14/news/economy/greenspan/index.htm?eref=rss_topstories
Former Federal Reserve Chairman Alan Greenspan offered a woeful outlook of America's economic situation on Sunday, saying the crisis with the country's financial institutions was as dire as he had ever seen in his long career, and predicting that one or more of those institutions would likely collapse in the near future. Full Digg post: http://digg.com/2008_us_elections/Greenspan_This_Is_The_Worst_Economy_I_ve_Ever_Seen
http://www.huffingtonpost.com/2008/09/14/greenspan-this-is-the-wor_n_126274.html
Update Sources