Search results
Results from the WOW.Com Content Network
Read my lips: no new taxes" is a phrase spoken by American presidential candidate George H. W. Bush at the 1988 Republican National Convention as he accepted the nomination on August 18. Written by speechwriter Peggy Noonan , the line was the most prominent sound bite from the speech.
It's the economy, stupid" is a catchphrase that means that the primary concern of American voters is the state of the U.S. economy, and how the economy affects their personal finances. [1] [2] The phrase was coined by James Carville in 1992 as "The economy, stupid". It is often quoted from a televised quip by Carville as "It's the economy, stupid".
Nobel Prize-winning economist Joseph Stiglitz flagged major concerns for the economy under President Trump, claiming fluctuating policies put the nation at risk of stagflation. “It risks the ...
It was in Sorensen's first year working for him, during Kennedy's tenure in the Senate, while Sorensen was trying to tackle economic problems in New England, that he happened upon the phrase. He wrote that he noticed that "the regional chamber of commerce, the New England Council, had a thoughtful slogan: 'A rising tide lifts all the boats.'"
(Reuters) -U.S. Vice President Kamala Harris and former President Donald Trump took the stage on Tuesday night for their first and only scheduled presidential debate before the Nov. 5 election.
Welcome to the economic version of the chicken-or-the-egg dilemma: With interest rates at their highest level in 22 years, what will weaken first? The job market or spending?
But what we are living through now, and what the recession merely accelerated, is a historic convergence of economic maladies, many of them decades in the making. Decision by decision, the economy has turned into a young people-screwing machine. And unless something changes, our calamity is going to become America’s.
The title of the book points at the sharp decline in stock prices following the bankruptcy of the investment bank Lehman Brothers in September, 2008. Meanwhile, its subtitle reveals Stiglitz's conviction that free markets are at the bottom of the crisis, as he makes deregulation responsible for the rise of the shadow banking system, over-leveraged banks and subprime mortgages.