The threat of a new recession is rising in the United States, economists say, as they slash their growth forecasts for the second half of the year.more
Slowing global expansion, the plunge in U.S. stock markets after Standard & Poor's cut the country's credit rating, and political pressure on the government to cut spending rather than stimulate growth are all putting the brakes on the world's largest economy, economists say.
Big surprise, no? Has the economy gotten any better where you live? Sure, there will be blips and good days, but the fact remains the good paying jobs are but a few. Why is this president blaming me, the Tea Party, for the bad economy? I did not out spend more than I make, overdraw by checkbook, or start a war with my neighbor. Stop the class warfare and hire some brains to correct your bad policies to get you through your last year as president!