Vestiges of the economy also were found in the second question in the CBS Local Presidential Forum on their view of the role of the federal government.
Obviously, one does not need a math degree of any sort to realize that something is amiss with these figures and thereby needs further explanation. It appears as though their number of those who found work, the number of new jobs created, or both are inaccurate.
After a lackluster debate performance on Wednesday, the new numbers had President Barack Obama grinning like the Cheshire Cat on Friday and saying his efforts were working.
Republicans will continue to talk down the economy for the next two months specifically because they want the economy, and the country, to suffer in order to win an election.
On Monday, the Treasury Department sold 553,846,153 shares in AIG on Monday, turning an $18 billion profit on the $32.50 a share price.
Commonly referred to as “what goes around, comes around’, the Republicans are finding plenty to take shots at as the Democrats conduct their week in the ‘often dubious’ political spotlight called “the Convention”.
Mitt Romney’s economic plan basically says if you make $22.50 an hour with benefits, you make too much money; and if you make $22.5 million, then you pay too much in taxes.
The state Treasury Department reports tax collections for July were $18 million below the $322 million budgeted for the month.
Of all the signs leading to a defeat for President Barack Obama in the presidential election of 2012, the most glaring sign is the 8.2% unemployment rate.
Those who have had trouble making the transition from military to civilian life are getting a little help on Wall Street today, WCBS 880′s Peter Haskell reported.
A global pharmaceutical company is returning to New Haven as part of Connecticut Gov. Dan Malloy’s economic and job growth program, WCBS 880 Bureau Chief Fran Schneidau reported.
Opportunities for those in the middle class have been shrinking, while low and high skilled jobs have been growing.
“I’ve always thought that corruption is worse than somebody walking in with a gun and holding up a store. Corruption takes, basically without the gun, takes away from everyone,” Mayor Michael Bloomberg said Thursday.
To help the unemployed get back on track, job fairs were held in all five boroughs on Thursday, WCBS 880′s Marla Diamond reported.
Sometimes getting downsized can have an upside, WCBS 880′s Wayne Cabot reported.
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