by Jane Richey | Jun 28, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets, Politics
Uncertainties are crippling the U.S. economy, and there’s a good chance Thursday’s Supreme Court decision will add to the problem. U.S. businesses are stacking up profits on their balance sheets, but they’re not investing in new workers and plants. The No. 1 reason is...
by Jane Richey | Jun 22, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets, Politics
Economy: Ever since he uttered those famous six words about the private sector, President Obama has been running away from claiming that anything much in the economy is “doing fine.” He’s just not looking hard enough. Yes, the economy is barely eking...
by Jane Richey | Jun 14, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility
Treasury Secretary Tim Geithner on Wednesday said that despite a gaffe by President Obama last week, in which the president said the private sector is “doing fine,” the administration understands the economy is in tough shape. He acknowledged that, given pressures...
by Jane Richey | Jun 5, 2012 | Fiscal Responsibility, Free Markets
U.S. debt is on track to be nearly twice the size of the U.S. economy by 2037, the nonpartisan Congressional Budget Office (CBO) warned Tuesday. The new CBO report states that increased entitlement spending driven by the retirement of the baby boomers and insufficient...
by Jane Richey | Jun 2, 2012 | Uncategorized
From the Oil City Derrick: Gasoline prices are silver lining as economy weakens By SANDY SHORE AP Business Writer There’s some good news behind the discouraging headlines on the economy: Gas is getting cheaper. At least two states had stations selling gas for $2.99 on...