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How Mitt Romney Insulted His Own Supporters
Tweet Share on Facebook September 25, 2012 CommentWhen he made his infamous "47 percent" remark, Republican presidential nominee Mitt Romney made a predictable assumption: People getting a lot of assistance from the government must be Democrats.
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What Keeps People Out of the Middle Class
Tweet Share on Facebook September 24, 2012 CommentAmerica's middle class has become quite a laboratory curiosity lately. Researchers everywhere suddenly want to know what it is, how it's changing and even whether it's endangered.
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Obamanometer: Gas Prices Now Helping Obama
Tweet Share on Facebook September 24, 2012 CommentThe Federal Reserve's latest stimulus move is no longer goosing the stock market, which leaves little air under the economy at the moment. But one emerging trend is poised to help President Obama in the final weeks of this year's battle for the White House: falling gas prices.
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The Mysteries in Mitt Romney's Tax Return
Tweet Share on Facebook September 21, 2012 CommentMitt Romney apparently adopted a new tax strategy at some point this year.
The Republican presidential nominee has completed and released his official 2011 tax return, and his tax bill is lower than estimated on a preliminary return released eight months ago.
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Mitt Romney's 2011 Taxes Lower Than Expected
Tweet Share on Facebook September 21, 2012 CommentMitt Romney apparently found a few more tax deductions.
The Republican presidential nominee has completed his official 2011 tax return and released it publicly, showing his tax bill is lower than estimated on a preliminary return published earlier this year.
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The Case for Getting Much Tougher on China
Tweet Share on Facebook September 21, 2012 CommentIt's a sleeper issue in this year's campaign, since the state of the economy is most voters' biggest concern. But U.S. relations with China remain a touchy and even explosive matter, and China may have more to do with the stagnant U.S. economy than a lot of people realize.
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Obamanometer: Economy Shifts Away From Obama
Tweet Share on Facebook September 21, 2012 CommentWhen we initiated the Obamanometer earlier this week, initial readings showed that economic trends favored President Obama, largely because of the jump in stock prices that followed news of the Federal Reserve's latest stimulus program. That advantage has now evaporated, mainly because stock prices have been flat for the last week and no other indicators buoyed the index.
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The Obamanometer: Your Guide to Whether the Economy Favors Romney or Obama
Tweet Share on Facebook September 19, 2012 CommentThe economy's up. The economy's down. There are changes literally every day in the way we measure our well-being and future prospects.
But this fall, it matters more than usual. That's because the state of the economy will very likely determine whether President Obama gets reelected or his Republican opponent Mitt Romney wins the White House.
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When Stocks Might Hit New All-Time Highs
Tweet Share on Facebook September 19, 2012 CommentIt's a bit of a puzzle: The U.S. economy is weak, Europe is close to a recession and there are a number of other things that could go terribly wrong. Yet stocks have been inching higher and are getting close to peaks last attained in 2007, before the Great Recession knocked them down.
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Welcome News for Obama: Optimism on Main Street
Tweet Share on Facebook September 18, 2012 CommentSmall businesses have struggled more than big ones as the so-called recovery plods along. But there are finally a few signs that small-business owners are growing more optimistic—even as executives at big firms turn a bit more sour.
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Rick Newman
The global economy is mysterious, even scary. Chief Business Correspondent Rick Newman demystifies it and explains what matters to you. Rick is the author of Rebounders: How Winners Pivot from Setback to Success and the co-author of two other books: Firefight: Inside the Battle to Save the Pentagon on 9/11, and Bury Us Upside Down: The Misty Pilots and the Secret Battle for the Ho Chi Minh Trail.
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