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States Reeling From Economic Downturn

Started by washingtonindependent · 8 months ago

As Washington policymakers joust over the need for more federal spending to stabilize the sinking economy, they can take solace in at least one thought: They aren’t in the states’ shoes.
Faced with declining revenues, rising unemployment and a growing demand for socia ... Continue reading »

4 comments

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  • Great Article! a new blog giving deeper meaning into the $700 billion bailout or rescue plan http://got700billion.blogspot.com/
  • The economic crisis will not prevent Obama from pursuing the priorities he outlined on the campaign trail, said John Podesta, co-chair of Obama's transition team. These include extending heath care to the nation's 47 million uninsured, reducing U.S. reliance on foreign oil, and improving public education, Podesta said.

    The election is over and America has appointed a new leader. The people have chosen “change” by electing Barack Obama for the next President of the United States. Whether the United States changes for the better or for the worse, there is no doubt that change is in store for our country. It’s clear that Americans believe Obama will bring a positive change to our country. We’ve heard many of the promises he has made to the U.S. from lowering taxes for the middle class to putting a timeline on the war in Iraq and trimming the federal budget “line by line.” However, Obama also supports the elimination of the payday loan industry. He believes that eradicating the payday loan industry will protect low-income and families in general from falling victims to predatory lenders. On higher ground, it will be a violation to our financial freedom if the option to utilize affordable payday loans is wiped out. Threatening our rights to financial freedom is not a great start to creating positive change.

    Click to read more on Payday Loans
  • Whether the United States changes for the better or for the worse, there is no doubt that change is in store for our country. It’s clear that Americans believe Obama will bring a positive change to our country.

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