Tag Archives: National Bureau of Economic Research

Under Obama Weakest Economic Recovery Since WWII

President Barack Obama has presided over the weakest multi-year economic recovery since the end of World War II, according to data from the Bureau of Economic Analysis (BEA). Since the end of the last recession in June 2009, the economy … Continue reading

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CBO Says We’re Heading for “Fiscal Cliff”

What would happen if a deadlocked Congress did nothing? If the expiring Bush tax rates are allowed to lapse and the automatic spending cuts kick in next year, it could hurl the U.S. economy back into a recession, the Congressional … Continue reading

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Tax Refunds Going Toward Bankruptcy Filings

Some Americans spend their tax refunds on high-tech gadgets and long-awaited vacations. Others use the cash to file for bankruptcy. More than 200,000 money-strapped households will use their tax refunds this year to pay for bankruptcy filing and legal fees, … Continue reading

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