As bad as the political situation in the United States can get, American politicians can’t hold a candle to what’s happening in Italy.
During a joint appearance with former president Bill Clinton at a Clinton Global Initiative (GBI) get-together, President Barack Obama admitted that the Affordable Care Act, also known as Obamacare, has led to an increase in costs for certain parts of the economy.
As the United States hurtles toward a government shutdown, the Department of Health and Human Services (HHS) has published its initial estimates for what the different types of coverage will cost consumers when they head to the state-based insurance exchanges.
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While the American mainstream media has forgotten about the minor bump in the global economic road known as the Eurozone, European leaders have struggled to fend off new and more complex threats as the continent’s economy continues to derail.
This past week has been a tumultuous one for the national economy, as analysts have been consistently thrown for a loop by the latest housing market figures and rhetoric from both the Executive Branch and the Federal Reserve.
Despite evidence pointing to the obvious defects in such a plan, President Barack Obama is pressing forward with his plan to ship armaments to the Syrian rebellion in hopes of turning the tide in the two-and-a-half year-old conflict.
The global economy can breathe a collective sigh of relief as former Treasury Secretary and Harvard University president Larry Summers withdrew his own nomination for Federal Reserve Chairman this week.