Live Breaking News & Updates on Double dip recession
Stay updated with breaking news from Double dip recession. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Are not on it and now he can come up with a continuing resolution that just slashes away even more. i think you just read my mind. i was literally just about to say paul ryan is living his best life now. he seems giddy. i mean, he s finally getting to do all the things he wanted. literally taking out all of the pain of his austerity on the poor. this is all about cutting head start and cutting meals on wheels and programs to feed the eld elderly. and transportation services for the disabled. that s where he s always wanted to go after and he s bringing back his idea of voucherizing medicare. what s interesting is austerity has a terrible track record around the world. it s brutalized italy with six consecutive quarters of negative growth. 27% unemployment. in britain it caused a double dip recession. now it s a triple dip. even when economists tell republicans doing austerity destroys the economy, they don t care. this is balancing the budget for the sake of balancing the ....
And perhaps sending us into a double dip recession is at stake and the lives of middle class people and how about 4,000 children in new jersey not being given mmr vaccines? vaccines for children, and does anybody really think there isn t one loophole that could be closed? not one penny that could be extracted from profitable corporations that aren t paying their fair share in order to address the deficit problem? they will not spend one penny of increased tax revenue, and they d rather take it out on seniors and their meals on wheels. it s extraordinary. jared, republicans continue to suggest that the president is scare mongering, and they ltion say that cutting spending is the imperative, not raising taxes. i ask you, jared, as an economist, is the deficit the single biggest economic problem facing this country or is it the slow rate of recovery and how ....
Euro zone falling deeper in recession. europe is spluttering, stuttering and having a terrible time. effectively a double dip recession. some of the hardest hit country were debt-plagued spain and italy. france was sluggish. growth in germany down .6%. slow growth in economic powerhouse germany is especially worrying. the weakness is hurting the german exports. adding to economic headache, strike of security workers for higher pay snarled airports in germany today. he said is up it. even if i suffer for it. further come pounding problems debt-ridden countries are saddled with high unemployment. the jobless rate in greece is record 27%. i come here all the time. ....
The senate passed or the house will take up amendments to it. i would strongly caution the house republicans that if they do amend this, if they monkey around with what the senate agreed to on a very strongly bipartisan basis, they ll need to put up the votes to pass it. i m not sure they can do it. it may die in the senate if they do it and if they do that they will own this and own the real going over the cliff. so it s a pretty precarious balance already. i would encourage them to take up what the senate passed. it has plenty to like and plenty not to like about it. a lot of it gives me indigestion. but my primary concern is that we not go back into another recession. i think this does have the merit of avoiding the potential of a double dip recession. you say a lot of it gives you indigestion. what don t you like about this? well, i think that it protects the middle class which i like. on the other hand it doesn t raise enough revenue to deal with the deficit and debt so we ll ....
Was up big. we do not want to hurt the large corporations that could take advantage of the rest of the world besides america and europe that are on fire. we will be lucky to escape a double dip recession. we will bump along the road. you are not satisfied this is the new normal? no, capitalism is just trying to survive by the skin of its teeth. great stuff, guys. the president today not giving republicans an inch for spending cuts. if republicans think i won t finish the job will finish the job of deficit reduction through spending cuts if they think that is the formula if how we solve this thing, they have another thing coming. that is not how it will work. and ed henry on how this is playing out. that is your take on how close we may or may not be to a deal ....