Roberto Abraham Scaruffi

Wednesday, 16 February 2011


EconomyInCrisis.org - Weekly News Update
Weekly News and Information February 16, 2011
The Rich Get Richer While the Middle Class Gets Poorer
by Sam Williford

While average people lost ground in the economy, the wealthiest capitalized on these events. Today, the disconnect is more obvious than ever. As corporations sit on record profits and the stock market roars back to life, record numbers of Americans are still unemployed or have lost hope.

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Budget Demagoguery
by Peter Morici

The annual exercise in obfuscation begins -- U.S. President Barack Obama has tabled his 2012 budget and the congressional Republicans are responding. Neither party is serious about cutting spending.

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