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Tag: Recession

Recession 2013: The Signs Don’t Look Good- Money Morning

You won’thear any talk about a Recession 2013 from the president, or from whoever happens to be the next Fed Head, or from anyone of either party in Congress. You won’t hear about it on the news, either.

Listen to them and you’ll hear that the economy’s turning a corner. “Growth has returned… unemployment is falling… the markets are at all-time highs… things are looking up all over.”

What a relief, right?

An Obamacare Bailout: A Struggling City’s Best New Budget Tool – Money Morning

Call it an “Obamacare Bailout” – while millions of Americans look for ways to opt out of Obamacare, broke Detroit is trying to get its residents signed up as soon as possible.

You see, Detroit has grossly over-pledged its benefits, pensions and fully-funded health care plans to thousands of public sector employees for decades, while its tax revenue dwindled.

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