The Myths Of The Recession

Too bad the Senate and Congress give up the same as the auto workers....heaven FORBID they give up one red cent!!
That goes for the States as well.

Very helpful in understanding the hidden details of all the myths perpetuated by badly educated and uninformed writers of financial articles. Many of us read this stuff daily and become, literally "full of" bad information. Thanks to all the Newsweek authors and the mag itself for bringing some verity to the table. Keep up the good work.

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I think that on top of fixing our economy we need to help countries struggling with bad economies and poverty. The Borgen Project (www.borgenproject.org) has a section on poverty and the economy that explains why it is so important to help these countries. It is something that Congress has been saying would be beneficial for years, so why is it so hard to attain this goal? There are 800 million people that go to sleep hungry every day, 300 million are children.
$30 billion: The annual shortfall to eliminate global hunger
$540 billion: The U.S. defense budget
$170 billion: The U.S. war budget
I think we would be able to help people suffering with poverty by not spending as much on the military. By helping countries suffering from chronic hunger, we are helping them become a more self-sufficient nation that will be able to trade food with us. The more we help people in less developed countries the more jobs will be opened for Americans.

Barrett Sheridan must be of the same breed as the pundents that were telling us to get used to the $4.00 gallon of gas because it ain't going south ever again. Wrong then and, Mr. Sheridan, you are wrong now!