Archives: Economics

Senators Divided by Stimulus Bill

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President Barack Obama and Senate Democrats are working hard to pass an economic stimulus bill, but they face heavy opposition from Senate Republicans who object…read more

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Obama to Wall St. Executives: I’m the Boss

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President Barack Obama announced plans to limit the pay of executives whose companies receive taxpayer money to get through the financial crisis. After the news…read more

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Economic Breakdown Cripples U.S. Port

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The economic slowdown has paralyzed the otherwise busy port of Long Beach, California, where billions of dollars worth of imports and exports used to flow…read more

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Obama Asks Bankers to Act Responsibly

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President Obama lashed out at Wall Street over reports that bank executives collected more than $18 billion in bonuses last year, while some of their…read more

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Is Corn Ethanol Good or Bad?

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While some politicians and environmentalists believe that “biofuels” like corn ethanol could lower America’s dependence on foreign oil, others argue that ethanol actually costs energy…read more

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