President Biden, in a Thursday White House press conference, met with reporters to deliver statistics about the U.S. economy and ends with, "That doesn't sound like a recession to me" then walks off leaving reporters stunned.
We can probably agree that we are not in a recession. But, when that ends, there is supposed to be a recovery. But where is the recovery?
GDP growth is down, durable goods orders have dropped and unemployment numbers seem to be hanging steady at over 8 percent...
The CBO is predicting that there could be a deep recession in the coming year if something is not done in Congress to keep us from going over the fiscal cliff. That cliff would be the mandatory cuts that were put in place by Congress combined with the expiration of the Bush-era tax cuts for Americans...
Joe Biden said something today that could set the tone for the campaign, or at the very least set up a couple of campaign commercials for Team Romney. In comments, he said that for the unemployed, it is a depression. Is he right and will this bite President Obama in his bid for reelection...