Wednesday, December 29, 2010
Robert Scheer, Truthdig: "Two years into the Obama presidency, and the economic data is still looking grim. Don't be fooled by the gyrations of the stock market, where optimism is mostly a reflection of the ability of financial corporations - thanks to massive government largesse - to survive the mess they created. The basics are dismal: Unemployment is unacceptably high, the December consumer confidence index is down, and housing prices have fallen for four months in a row. The number of Americans living in poverty has never been higher, and a majority in a Washington Post poll said they were worried about making their next mortgage or rent payment."
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Posted by Michele Kearney at 6:08 PM