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Read More...Bloomberg news surveyed economists on President Obama’s jobs plan and according to the survey, economist say the jobs plan could prevent a possible recession in 2012. The $447 billion would help prevent the return to a depression by simply maintaining growth and pushing down unemployment rates. Economist say, the program is expected to lower the [...]
Read More...Once again home prices fell 4.1 percent. Bank delays in the processing foreclosures are being blamed for the slowdown. However, global economic turmoil has made consumers cautious of buying anything as double dip recession and high unemployment fears are still looming. Poverty in most U.S. cities has risen and with credit being tight qualifying for [...]
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