Related Content: economy

Machine-gun Bernanke

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It is almost impossible to imagine the Federal Reserve, as currently constituted, acting more aggressively to speed up the economy than it did Thursday afternoon. After months of tinkering with monetary policy on the margins of an ongoing American jobs crisis, amid escalating cries that Ben Bernanke had run out of weapons to fight unemployment, the Fed has unleashed a full and sustained burst of monetary stimulus.

Economy might be gaining traction, new data suggest

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After a spring and summer of weak economic indicators, a flurry of fresh data suggest key sectors of the economy might be gaining traction, just as the battle for the White House enters the final round.

The Truth About Romney’s Tax Plan: It’s a Pipe Dream

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Nothing is as simple as campaign commercials or candidate sound bites make it sound, especially not tax reform, and certainly not tax reform with very few details revealed. Just ask the economist Mitt Romney is holding up as a shield against attacks on his tax plan.

Obama Camp Assails Romney's Welfare Attack Ad

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Mitt Romney's campaign ad accusing President Obama of gutting work requirements in the nation's welfare program sparked vehement denunciations Tuesday from the White House and the Obama campaign.

PBS NewsHour: More Americans Live in Economically Segregated Neighborhoods Than 30 Years Ago

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Racial segregation in U.S. neighborhoods is on the decline, but income level is increasingly an indicator of where people live. Gwen Ifill talks to Pew Research Center's Paul Taylor about a recently released study on the connections between income inequality and neighborhood segregation.

What is the Fed Waiting For?

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It's best to think of the Federal Reserve today as a seventh-grade boy at a school dance, shuffling up to a girl, with all their friends watching. That music has a great beat, he says, and you sure do look like you enjoy dancing. She blinks expectantly. He opens his mouth. Then closes it, and walks away.

Political Perceptions: Stepping Up to the Cliff

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This is what fiscal paralysis looks like. The U.S. government, the White House projected last week, will run a deficit of $1.2 trillion or 7.8% of the gross domestic product in the fiscal year that ends Sept. 30.

Fed Mulls Another Boost to Ailing Economy

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The Federal Reserve doesn’t usually drop hints and then fail to follow through with them. Fed officials spent much of July hinting that a new batch of monetary stimulus is in the works, both in public speeches and bugs carefully placed in influential reporters’ ears.

PBS NewsHour: Labor Union Election Sheds Light on Embattled Future

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As local governments roll back employee pensions and benefits, the nation's largest public labor union is preparing for an internal leadership battle that could shape its external mission. Gwen Ifill analyzes the stakes with Steven Greenhouse of the New York Times and Alec MacGillis of the New Republic.

In Romney and Obama Speeches, Selective Truths

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To listen to Mitt Romney tell it, President Obama is a job-killing, free-spending, big-government liberal who made the recession worse with his policies and endangered free-market capitalism. The president has spent tax dollars “at a pace without precedent in recent history,” Mr. Romney says, and “added almost as much debt as all the prior presidents combined.”