Wednesday May 23, 2012
| Last update: Wednesday at 4:19 PM
Federal debt deal signals new era of austerity
BY Masao Suzuki | San José, CA | 8/05/11
On Aug. 2, President Obama signed into law a bipartisan deal to raise the federal debt limit and cut federal spending.
austerity, Debt ceiling, federal debt, Medicare, Social Security
Capitalism and Economic Stagnation
BY Masao Suzuki | United States | 6/27/11
On June 21, the Chairman of the U.S. Federal Reserve Bank, Ben Bernanke, gave a very downbeat report on the U.S. economy following a two day meeting of the Fed.
Capitalism, federal debt, Marxist economics, recession
Syndicate content