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Nearly every man who develops an idea works it up to the point where it looks impossible, and then he gets discouraged. That's not the place to become discouraged.
Thomas Edison Categories
Tag Archives: jobs
Social Security disability on verge of insolvency
Laid-off workers and aging baby boomers are flooding Social Security’s disability program with benefit claims, pushing the financially strapped system toward the brink of insolvency. Read More
Fed dims outlook for jobs and growth for 2011
Federal Reserve officials are more pessimistic about prospects for economic growth and employment than they were two months ago. Read More
Layoffs, housing data point to chronic problems
Sour reports Thursday, June 23, on the number of people who sought unemployment benefits and buyers of new homes illustrate what Federal Reserve Chairman Ben Bernanke acknowledged Wednesday: Many factors weighing on the economy are proving to be more chronic than first imagined. Read More
2010 ends as 2nd worst year for home construction
U.S. homebuilders are coming off their two worst years in more than a half-century, and the outlook for this year is only slightly better.
Economists say it could take three more years before the industry begins building homes at a healthy rate. In the mean time, the housing downturn is dragging on the broader economy, with one-quarter of the jobs lost since the recession began in the construction field…read more Read More
American voices on making the economy move.
It seems Washington is all ears these days.
President Barack Obama says he’ll take a great idea to fix the economy anywhere he hears it. The Republican leaders in Congress can’t say enough how determined they are to “listen to the American people.” OK. Here goes.
We want less debt, lower taxes, more trade, less trade, “less talk and more walk,” a brand new New Deal, a private sector renaissance, money for trains and roads, easier credit, a clampdown on CEO pay, more immigration, less immigration, government off our backs, a safer safety net…read more Read More
Survey: Economic growth will be tepid through 2011
The pace of the U.S. economic recovery will remain steady but slow in the face of persistently high unemployment and heavy debt burdens, according to a new survey.
The National Association for Business Economics survey, set to be released Monday, found economists now expect growth of 2.7 percent this year, up slightly from the previous forecast of 2.6 percent.
For 2011, the group still expects an economic expansion of 2.6 percent…read more Read More
Economy recovering, but recession’s shadow is long
Layaway, once the province of the poor, has gone mainstream. At the Mall of America in Minnesota, shoppers dart in for just one or two things. In New York, socialites do the unthinkable: They wear the same ball gown twice.
During the Great Recession, people made drastic changes in how they spent their money. They stopped treating credit cards as cash. They learned to save and learned to wait . . . read more Read More
In a tough economy, old stigmas fall away
The Goodwill store in this middle-class New York suburb is buzzing on a recent weekend afternoon. A steady flow of shoppers comb through racks filled with second-hand clothes, shoes, blankets and dishes.
A few years ago, opening a Goodwill store here wouldn’t have made sense. Paramus is one of the biggest ZIP codes in the country for retail sales. Shoppers have their pick of hundreds of respected names . . . read more Read More
More working families getting government food aid
Lillie Gonzales does whatever it takes to provide for three ravenous sons who live under her roof. She grows her own vegetables at home on Kauai, runs her own small business and like a record 42 million other Americans, she relies on food stamps.
Gonzales and her husband consistently qualify for food stamps now that Hawaii and other states are quietly expanding eligibility and offering the benefit to more working, moderate income families . . . read more Read More
Funding Sources for Small Business
Today’s tight economy has impacted everything from the number of available jobs to sources of funding for small businesses.
Debt financing is probably the most basic funding source with banks traditionally being the major resource for this type of financial support. In fact, for the past 17 years, Zions Bank has been the top lender of U.S. Small Business Administration . . . read more Read More
Consumer confidence rises only slightly in October
Americans’ confidence in the economy rose only slightly in October from September, according to a monthly survey, as they continue to grapple with job worries.
The weak outlook comes in the face of a rebounding stock market and underscores challenges retailers face as they prepare for the holiday shopping season, which is expected to see only modest gains from a year ago.
The confidence report and another report that showed a drop in home prices helped send stocks lower in early trading . . . read more Read More
Monday Cartoon
All rights reserved. Cartoon Copyright © by Gary Varvel and they are used here with permission. Used with the permission of Gary Varvel and the Washington Post Writers Group in conjunction with the Cartoonist Group. All rights reserved. Read More
