Archives: Economics

Obama Asks Americans to Support Stimulus


In his first prime-time press conference Monday night, President Barack Obama urged the American people to support the economic stimulus bill currently making its way…read more

Good Bank, “Bad” Bank Debate


One solution to the banking crisis that is gaining currency is the idea of splitting banks into “good” banks and “bad” banks. To do this…read more

Senators Divided by Stimulus Bill


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

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


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

Economic Breakdown Cripples U.S. Port


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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