Economy and Business

Entrepreneurship by Necessity

There’s a silver lining in the dark cloud of the Great Recession. A new Census Bureau report reveals that from 2002 to 2007, the number of black-owned businesses in the United States increased by 60.5 percent to 1.9 million–more than triple the national rate.

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Free Trade’s Winners and Losers in Latin America

President Barack Obama is traveling to Latin America, seeking refuge from budget battles at home by promoting increased trade with countries across the region. During his trip to Chile, Brazil, and El Salvador, he’s expected to highlight the benefits of so-called “free trade” to U.S. and Latin American businesses.

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The Corporate-GOP Attack on America’s Middle Class

The Corporate-GOP Attack on America’s Middle Class

Wisconsin Governor Scott Walker’s autocratic attempt to abrogate the democratic right of public employees to bargain with their governmental bosses is not wearing well with the public. Recent polls show that a mere one-third of Wisconsinites favor his blatantly political power play, and that if he had told voters in the last year’s election that he intended to do this, he would’ve lost.

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Moving Past the Jobless Recovery

Moving Past the Jobless Recovery

Most of the 15 million unemployed Americans want to be back at work. What Americans need first and foremost is to be able to go to work and bring home a paycheck. Two more of my friends just lost their jobs. I have two brothers-in-law who are out of work. They aren’t lazy. They’re willing to do just about anything.

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The Road to Budget Sanity

President Obama delivered the first salvo by presenting his $3.5 trillion proposal for the 2012 fiscal year to Congress in a telephone book-sized document. It was very Barack–measured and balanced. It cut a little here, put on a little there, added a pinch of taxes and came up with a budget he said would cut more than a trillion dollars from the deficit over the next ten years.

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