The ranks of those facing foreclosure swelled by a quarter-million households in the fourth quarter, new government data shows.
Households that are at least 90 days delinquent on their mortgage payment now number at least 1.6 million, according to a report Thursday issued by the Office of the Comptroller of the Currency and the Office of Thrift Supervision …[br]
Despite the fact that it was the lead story on the NYTimes website all day Friday, and then followed on Saturday by a “News Analysis” calling it “Bold”,
Generally, David Leonhardt, Economics Correspondent, tries to be analytical and unsparing in his columns.
Generally, David Leonhardt, Economics Correspondent, tries to be analytical and unsparing in his columns.
But in this Economic Scene piece that has gotten a lot of play on the Times’ website – In Health Bill, Obama Attacks Wealth Inequality – I think there’s a lot of wishful thinking.
Obamacare bill so complex, NON-tranparent, NYTimes ASKING READERS a) what provisions will go into effect right away & b) what provisions THEY think worth noting ;
By David Caploe PhD, Chief Political Economist, EconomyWatch.com
By David Caploe PhD, Chief Political Economist, EconomyWatch.com
America continues to be a sad sad place, with a lot of great people and qualities that are nevertheless increasingly overcome by the very worst elements of a society that doesn’t see itself as such but, rather, as a random collection of individuals somehow thrown together.
While I don’t like everything that Jim Fallows does, he is one of the rare people – not just Westerners – who really seems to have a grasp of the complexity that is today’s China. [br]
Along with Frank Rich and Paul Krugman – who, despite our occasional disagreements, we still think is the best economics columnist in the mainstream US media, bar none –
Well, it’s hardly a surprise, given the way the TBTF banks have “cleaned up” under Obama,
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The annual survey, conducted by advocacy group Small Business California, revealed low confidence in the state’s business and political climate among business owners.
