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Fun with fuel economy - The Nation

Fun with fuel economy - The Nation | PSW Market News | Scoop.it
Fun with fuel economy. Turbo-charged diesel models also offer high connectivity.
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Obstruct and Exploit

Obstruct and Exploit | PSW Market News | Scoop.it
A cynical Republican strategy: block all efforts to strengthen the economy, then exploit the economy’s weakness.

 

What about the argument, which I hear all the time, that Mr. Obama should have fixed the economy long ago? The claim goes like this: during his first two years in office Mr. Obama had a majority in Congress that would have let him do anything he wanted, so he’s had his chance.

The short answer is, you’ve got to be kidding.

As anyone who was paying attention knows, the period during which Democrats controlled both houses of Congress was marked by unprecedented obstructionism in the Senate. The filibuster, formerly a tactic reserved for rare occasions, became standard operating procedure; in practice, it became impossible to pass anything without 60 votes. And Democrats had those 60 votes for only a few months. Should they have tried to push through a major new economic program during that narrow window? In retrospect, yes — but that doesn’t change the reality that for most of Mr. Obama’s time in office U.S. fiscal policy has been defined not by the president’s plans but by Republican stonewalling.


Via Charles Lang, Investors Europe Stock Brokers
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Asia stocks rise before Fed meet, German court ruling; Nikkei up ...

Asia stocks rise before Fed meet, German court ruling; Nikkei up ... | PSW Market News | Scoop.it
Forexpros - Asian stocks traded higher on Wednesday as investors grew confident the U.S. Federal Reserve will announce plans to stimulate the economy later this week. A German court mulling the constitutionality of ...
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