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  t r u t h o u t | Many House Democrats Still Resist Health Care Bill

  Washington - Democrats in the House of Representatives struggled Friday to find enough votes to pass sweeping health care legislation, as lawmakers prepared for an all-day debate and perhaps a final vote on the bill Saturday. President Barack Obama was scheduled to visit Capitol Hill early ...

  Geoffrey Ames added 8 hours ago

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  How Obama Can Convince Congress to Enact a Larger Stimulus, and Why He Must

  The Administration's biggest economic mistake so far was to badly underestimate last January how bad the employment situation would become by Fall. As a result, it low-balled the stimulus -- settling for a plan that, while avoiding even worse job losses, didn't go nearly far enough. Obama has ...

  Giorgio Bertini added 21 hours ago

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  Mishel on double-digit unemployment

  After rising for more than two-and-a-half years, the country’s unemployment rate crossed into double-digit territory in October with a jobless rate of 10.2%. This provides another sign of the severity of the current downturn, the very long road we face back to full employment and the urgent need ...

  Giorgio Bertini added 21 hours ago

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  At 10.2%, October’s unemployment is a wake-up call

  Though the American Recovery and Reinvestment Act (ARRA) now has GDP growing again, this morning’s Bureau of Labor Statistics’ October employment report found that the jobs situation nevertheless continues to worsen. Unemployment rose dramatically to 10.2% in October, the highest rate since ...

  Giorgio Bertini added 21 hours ago

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  Let A Hundred Theories Bloom - Joseph Stiglitz et al

  The economic and financial crisis has been a telling moment for the economics profession, for it has put many long-standing ideas to the test. If science is defined by its ability to forecast the future, the failure of much of the economics profession to see the crisis coming should be a cause ...

  Giorgio Bertini added 22 hours ago

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