US Congress can't help economy

US Congress can't help economy

As the US economy continues to plunge it seems that politicians are continuing to place the blame on the Chinese. Will the newly elected Congress be able to do anything to help job growth in the US? Author Nomi Prins believes that it doesn't matter who is elected to Congress, they aren't going to fix anything because they will just follow the lobbyists to the bank

US income gap, worst in developed nations

US income gap, worst in developed nations

As the shaky economy attempts to heal, a census report released shows the United States has the worst income gap ratio out of all the westernized countries in the world. In this day and age where more Americans are using food stamps, how are some profiting so much? Nomi Prins says there have been fewer jobs, which means less income for people which lead them to fall into poverty levels. Coupled with a rise in increased costs the income gap will only get worse.