January 27, 2010 · 2 comments
in 2010, GDP, January, Obama, US Treasury, US debt, US economy, budgets, debt, deficits, employment, fiscal year, government, news and updates, recession, special dates, stimulus, stimulus plan
The Obama administration sits between an economic rock and a political hard place. Others might call it a contradiction. Obama needs to cut spending, but he’s doing this at the same time that more spending is being introduced (on job creation, more troops in Afghanistan). Slight cuts in some areas are supposed to offset increased [...]
So, we’re in a prolonged recession. Jobs for this year’s college graduates are supposedly all going to be at a standstill, causing new grads to have to settle for working in a field other than the one they did their Bachelor’s in or — gasp! — even taking a pay cut to work in their [...]
