Topic: The Great Depression
President Barack Obama occupies the most powerful political office in the world, but when it comes to managing the economy he -- and his predecessors -- are more impotent than many Americans believe.It is a truism of American politics that the president ...
As we moved into the new century, the conservatives gained control of the White House and the Congress. These economic policies and their trade policies have created huge challenges that an ever shrinking middle class is finding harder and harder to overcome. ...
WASHINGTON (Reuters) - It is "still possible" that the U.S. Senate could consider a sweeping rewrite of financial regulations this week, a Democratic spokeswoman said on Monday in a statement that suggested the overhaul might face further delay."It is still possible we ...
Alabama consumer product safety report: "After marathon negotiations lasting into the pre-dawn hours of this morning, negotiators from the U.S. Senate, House of Representatives and the Obama administration reached a deal that is nothing short of a major victory for consumers. Touted ...
Spurred on by President Barack Obama, the US House of Representatives rode Wednesday towards its final approval of the biggest overhaul of Wall Street rules since the Great Depression of the 1930s.But the US Senate put off action on the bill, Obama's ...
The US Senate on Wednesday voted against ending debate for now on the most sweeping overhaul of financial industry rules since the Great Depression of the 1930s, clouding the measure's future.Lawmakers voted 57-42 to move to final passage of the legislation, falling ...
WASHINGTON (Reuters) - Top Republican and Democratic lawmakers will attend a bipartisan meeting with President Barack Obama on Wednesday to discuss proposed financial regulatory reform, the White House said on Tuesday.Senate Majority Leader Harry Reid, Speaker of the House of Representatives Nancy ...
The US House of Representatives on Friday approved the most sweeping regulatory overhaul of the financial sector since the Great Depression of the 1930s, a key goal of President Barack Obama.Lawmakers voted 223-202 to pass the legislation, shifting the pitched political battle ...
The article looks at the U.S. financial crisis in 2008. As reported, the subprime mortgage crisis has developed into the most severe financial disaster since the Great Depression in 1929-1933. It also reveals that unlike other countries, the U.S. is able to ...
The article compares U.S. economic conditions in the late 2000s to those in the 1970s, warning that the administration of U.S. President Barack Obama looks set to repeat the failed policies of President Jimmy Carter. MANY ECONOMISTS HAVE BEEN WARNING that the ...