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Dismantling Detroit – NYTimes.com

We chose to focus our cameras on Detroit out of a gut feeling that this city — often heralded as the birthplace of the middle class — may well be a harbinger of things to come for the rest of the country.

via Dismantling Detroit – NYTimes.com.

Filed under: African American, Blogosphere, Children and Poverty, Economic Recession, Election 2012, Latinos, Mortgages, News, Public Policy, Unemployment, WeSeeReason, ,

Detroit Sees Signs of Turnaround – WSJ.com

The Tigers’ win Thursday over the Yankees lifted spirits in Detroit, and more playoffs are good for business.

If there is any place in a gloomy nation that is better off right now than it was four years ago, Detroit would be it.

The Motor City, with its thousands of blighted houses, auto-industry layoffs and dwindling population, became a symbol of economic despair during the depths of the recent recession. Even now, southeast Michigan bears the scars of that downturn and …

MORE via Detroit Sees Signs of Turnaround – WSJ.com.

Filed under: Blogosphere, Children and Poverty, Economic Recession, Election 2012, Government Works?, Job Sector, Mass Media and Public Opinion, News, Public Policy, Public Sector, WeSeeReason, ,

G.M. Will Offer Bonuses in New Deal With Workers – NYTimes.com

The United Auto Workers union won $5,000 signing bonuses for its workers and a promise to reopen an assembly plant in Tennessee as part of its tentative new contract with General Motors, according to people briefed on …

MORE via G.M. Will Offer Bonuses in New Deal With Workers – NYTimes.com.

Filed under: Blogosphere, Economic Recession, Election 2012, Government Works?, Mass Media and Public Opinion, News, Public Policy, Public Sector, Technology and You, Unemployment, WeSeeReason,

Fiscal policy: Flying blind | The Economist

ON DECEMBER 16th, 2008, President-Elect Barack Obama met in Chicago with key members of his economic team to discuss their response to the deteriorating economic situation. Just two weeks earlier, the Bureau of Labour Statistics reported that 533,000 jobs had been lost in November, after a decline of 302,000 in October. According to the latest output figures, the economy had contracted by 0.5% in the third quarter, and much worse was …

MORE via Fiscal policy: Flying blind | The Economist.

Filed under: Economic Recession, Election 2012, Government Works?, National Debt, News, Public Policy, Unemployment, WeSeeReason,

States and Cities Brace for Less Federal Money – NYTimes.com

Even as states around the nation breathed a sigh of relief on Monday that the United States would probably not default after all, and that the federal government would continue to pay its bills this week, they began to brace themselves for …

MORE via States and Cities Brace for Less Federal Money – NYTimes.com.

Filed under: Congressional Activity, Economic Recession, Education Policy, Election 2012, Family Policy, Gender Policy, National Debt, News, On The Hill, Public Policy, Unemployment,

Governors urge debt deal to avoid embarrassment | Reuters

State governors meeting in Utah on Saturday urged a speedy resolution to the deadlock in Washington over lifting the U.S. debt ceiling to avoid what they called an embarrassing default on U.S. obligations.

MORE via Governors urge debt deal to avoid embarrassment | Reuters.

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Minnesota Government Shuts in Budget Fight – NYTimes.com

The state of Minnesota screeched to a stop on Friday.

State parks were barricaded, and campers, Boy Scout troops and everyone else were sent on …

MORE via Minnesota Government Shuts in Budget Fight – NYTimes.com.

Filed under: News, , , , , , , ,

States Brace for End of Extra Payments for Medicaid – NYTimes.com

Faced with a deepening recession two years ago, the Obama administration injected billions of dollars into Medicaid, the nation’s low-income health program. The money runs out at the end of this month, and …

MORE via States Brace for End of Extra Payments for Medicaid – NYTimes.com.

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