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Economy grows at best pace in 2 years

October 29, 2009 by THE POLITICUS

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Third-quarter GDP reading shows growth at 3.5 percent pace

WASHINGTON - The economy grew at a 3.5 percent pace in the third quarter, the best showing in two years, fueled by government-supported spending on cars and homes.

The Commerce Department's report Thursday delivered the strongest signal yet that the economy entered a new, though fragile, phase of recovery and that the worst recession since the 1930s has ended.

Many analysts expect the pace of the budding recovery to be plodding due to rising unemployment and continuing difficulties by both consumers and businesses to secure loans.     Read more

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Laboring Toward Recovery

August 10, 2009 by THE POLITICUS

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Laboring Toward Recovery
The U.S. economy shed 247,000 jobs in July. That’s the bad news.

Laboring Toward Recovery
By David Madland | August 7, 2009

The U.S. economy shed 247,000 jobs in July. That’s the bad news. The good news is the number of jobs lost was the fewest in 11 months, and the unemployment rate fell slightly—the first decline in 15 months—providing workers with some needed, relatively good news.    Read more

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The Liberated Economy

May 9, 2009 by THE POLITICUS

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On one side are those corporations and financial firms dependent on government support

The Liberated Economy
By Rich Lowery

American capitalism is a house divided.

On one side are those corporations and financial firms dependent on government support, and thus eager to obey the diktat of their political minders. They are part of Obama, Inc., a vast public-private entity pursuing a vision of a greener, more constrained and politicized capitalism.    Read more

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Celebrating Invest-in-America Day

April 16, 2009 by Living Liberally

Celebrating Invest-in-America Day
Submitted by Justin Krebs

"Taxes are what we pay for a civilized society." - US Supreme Court Justice Oliver Wendell Holmes.

"Stop Whining and Pay Your Taxes" - Bumper sticker my Dad wanted to print up about 18 years ago.

Congratulations, America. It's April 15th, a day we mark honorably; an annual tradition we've together reached once again. Let's trade some high-fives and puff our chests out in patriotic pride because today is Invest-in-America Day!    Read more

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