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America goes to the polls tuesday, and the economy remains the overriding concern for voters. A poll finds job creation and Economic Growth are the most important factor for 41 of voters in congressional elections. This is the highest of any single issue out there. Lets assume you just arrived on earth from mars, and i tell you since the last election, the u. S. Unemployment rate has dropped to 5. 9 . America has created a fairly healthy 192,000 jobs every month since then, but you the martian might reasonably think that americans are happy. And Economic Growth 3. 5 . This all looks pretty good, but welcome to america, martian, the same poll shows that just 36 of americans, of registered voters are satisfied with the state of the economy. 64 are not satisfied. The reason for this gets to the heart of what is happening in america now and what has been happening for the last ....
Competition has gotten steep. Sold whats the name of your company . Were private. But the recovery isnt quite what it seems. Housing recoveries are typically led by buyers. And those buyers, historically, were typically homeowners. People who intended to purchase and live in the home. They werent investors, and it wasnt second homes. I dont want to be on camera but in 2011, 2012, you started seeing firms that were backed by some of the larger private equity firms beginning to get into the market. Who came in and bought houses by the block, basically. Weve been trying to talk to some of the investors here like Invitation Homes right behind me, but they refused to talk to us. This has not been the ideal recovery. This is the only housing recovery we have right now. Its a landlords market and rents are rising across the country. The question is are investors jumpstarting the economy or laying the foundation for a new crisis. Right ....
Americas energy boom is rewarding americans with lower prices at the pump, but there is also a price to be paid for that. Cheaper fuel prices eating into new job creation in this country. Take a look at what were talking about. Since june, gasoline prices nationwide have fallen by 20 . Right now the average price is 2. 96 a gallon and falling. This weeks move below the 3 mark is welcome news to americans who havent seen prices this low since 2010. Well, they can thank all of the new Domestic Oil Production that has flooded the market with crude, bringing oil prices down to their lowest level in three years. Today oil futures settled at 77. 91 a barrel. Oil prices have fallen from 107 a barrel to where they are today. Thats a 27 drop in less than 4 months. Advances in nonconventional methods like fracing are making america a leader in production in the world. But domestic producers need oil to trade around the 80 a barrel ....
Good evening. Welcome to kqed newsroom. Im thuy vu. We devote the program to examining hydraulic fracturing, known as fracking. It uses water, sand and chemicals breaking up rocks to increase oil and gas production. Fracking is not yet widely used in california. But questions about the environmental impacts in other states have triggered calls to ban it here. We begin where the issue is going before the the film vertigo. Today, just around the corner from the famous church, a different kind of drama is unfolding. A Grass Roots Group called san ber nieto rising has put an initiative on the November Ballot that asked the voters to ban the oil and gas technique. They say it uses large amounts of water. The misuse of water in a drought time is the big issue. You know . Even some of the farmers and the farm workers around here are very concerned about that because that means j ....
Good evening. Welcome to kqed newsroom. Im thuy vu. We devote the program to examining hydraulic fracturing, known as fracking. It uses water, sand and chemicals breaking up rocks to increase oil and gas production. Fracking is not yet widely used in california. But questions about the environmental impacts in other states have triggered calls to ban it here. We begin where the issue is going before the the film vertigo. Today, just around the corner from the famous church, a different kind of drama is unfolding. A Grass Roots Group called san ber nieto rising has put an initiative on the November Ballot that asked the voters to ban the oil and gas technique. They say it uses large amounts of water. The misuse of water in a drought time is the big issue. You know . Even some of the farmers and the farm workers around here are very concerned about that because that means j ....