Basically, the current debt crisis was caused by several huge tax cuts (2 large by Bush and 1 medium sized by Obama), additional spending on two wars and the military, and additional prescription drug coverage.
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A weekly list of the top Black business, finance and economics stories and links. The site include the most important news stories, found research, important web sites and links.
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2011
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July
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- Black/Hispanic vs. Wealth Gap Takes Huge Jump
 - Discrimination against the long term unemployed
 - SF considers banning discrimination against ex-cons
 - Dropouts: The high cost to society of dropping out
 - White Man's Burden
 - Year Up: Warning website has a picture of a Black ...
 - Leo Hindery: Liberal ex-CEO
 - Monster Employment Index: MEI
 - DOE data show major differences in educational opp...
 - Shrinking Black Middle Class from AP via CST
 - Tax cuts and two wars caused the deficit
 - Black Speakers Bureau
 - Race unspoken in unemployment discussion
 
 
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