The news came yesterday that for only the seventh month since 1947, October 2008 marked a one-percent decline in the Consumer Price Index (CPI), suddenly raising the specter of things far worse than a mere recession, but a deflation and depression.
One of the region’s foremost economic forecasters warned Tuesday that Northern Virginia may be “behind the curve” in planning its next economic driver, once the defense contracts buoyed by the war in Iraq expire and the war winds down.
WASHINGTON –If history repeats, the loser of this year’s presidential election will blame the news media.
Now that the economic crunch is reaching those near the top of the pyramid, there is finally a sense that the United States is facing a real crisis.
February 21 – 27, 2008
The hallmark achievement for the “New Direction” 110th Congress so far has been passage of the Energy Independence and Security Act, a historic bill that will make America more energy independent, responsive to the global warming crisis, while also continuing to grow our economy.
WASHINGTON — After seven years of the Bush administration, who in America does not want to see a dramatic change in the nation’s leadership?
BEIJING — Lou Dobbs is winning. He’s not winning personally. He’s not going to start winning presidential awards or elite respect. But his message is winning. Month by month the ideas that once prevailed on the angry fringe enter the mainstream and turn into conventional wisdom.
On the Road As members of the House of Delegates Appropriations Committee, Vince Callahan, Bob Brink of Arlington, Joe May of Loudoun County and I (for the first time), joined most of the other members of the Committee in visiting public institutions supported by state funds in Southeastern and Southside […]