economy

Obama’s Friend and Former CEO UBS America Robert Wolf: Trickle-Down Economics Hasn’t Worked in the US

Sat Jul 30, 2016 07:02 pm Cardinal News

Robert Wolf, 32 Advisors CEO, on the key issues in the 2016 presidential race. Robert Wolf is a former President and Chief Operating Officer of UBS Investment Bank, as well as Chairman and CEO of […]

Art Laffer: This Administration Treats Taxpayers as Criminals

Wed Mar 30, 2016 11:34 am Cardinal News

Former Reagan Economic Advisor Art Laffer on the steps to boosting U.S. economic growth. The highest marginal tax rate is 43 percent in an attempt to “tax into prosperity.” Art Laffer says producers and manufacturers […]

The Guardian: Economist Ross Ashcroft Explains that a Second Financial Crash Is Imminent

Tue Feb 10, 2015 05:22 pm Cardinal News

David Cameron says a second financial crash is imminent. If he’s right, it’s because politicians bailed out the wrong industry, argues Renegade Economist Ross Ashcroft. Bankers and politicians saved the wrong industry, says Economist Ross […]

Spending, Credit, Interest Rates and More: How The Economic Machine Works by Ray Dalio ICYMI

Sun Sep 22, 2013 11:55 pm Cardinal News

Economics 101 — “How the Economic Machine Works” by Ray Dalio YouTube Tips ⓘ Explanations of Income, Debt Repaying, Spending, Credit, Debt, Interest Rates, Central Bank, Central Government, Long Term Debt Peak, Inflation, Deflation, Deleveraging, […]

July Unemployment 7.4%, Down from 7.6% in June; But Still Wearing Us Down

Sat Aug 3, 2013 01:08 pm Cardinal News

CNN’s Tom Foreman reports on the unemployment rate and how it affects workers and the labor market. Fewer people were hired in July than expected, more were hired at low wage positions. There is no […]

“Fiscal Cliff” Averted with Passage of American Taxpayer Relief Act of 2012

Wed Jan 2, 2013 06:08 am Cardinal News

The House of Representatives approved a deal to avert the fiscal cliff on Tuesday night, by a final vote of 257 to 167. The bill, which already has Senate approval, now goes to President Obama […]

President Barack Obama Appeals for a Second Term with Bottoms Up and Middle Out Economy, Not Top Down Economy

Sun Sep 2, 2012 11:53 am Cardinal News

Road to Charlotte: As Barack Obama prepares to accept the Democratic presidential nomination in North Carolina, he’ll be highlighting successes of his first term with an eye to the future. Norm Ornstein of the American […]

Oil Prices Fell For Bit with Prospect of Libyan Oil Back Online

Mon Aug 22, 2011 04:45 pm Cardinal News

International oil prices fell Monday on the prospect that exports from Libya will return to the market at a time of economic weakness. International oil prices fell Monday because of the prospect that Libyan oil […]

Obama Calls US AAA Nation Despite AA+ Rating

Mon Aug 8, 2011 02:13 pm Cardinal News

President Barack Obama says the U.S. always is and always has been a triple-A country, despite its rating agency downgrade. President Barack Obama took care not to name Standard & Poor’s as the organization that […]

Pappadeaux Seafood Kitchen at Algonquin and Golf in Arlington Heights Closing Mid-January

Wed Nov 24, 2010 03:16 pm Cardinal News

Pappadeaux Seafood Kitchen, which has served Cajun cuisine since 1997 at Golf Road and Algonquin Road, has notified about 150 employees that it will be closing about January 20, 2011 — a tentative closing date. […]

Ask Paul B: Stop $ The Self Pity $

Thu Aug 12, 2010 08:08 pm Cardinal News

Dear Paul B, I am not one to complain, but this is truly sad. I am 50, and I now work 3 jobs, and I make 30% of what I used to make over 3 […]

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