The Minnesota Independent

Recession - Latest Stories

Obama as FDR?

By Paul Schmelzer | 11.24.08 | 11:32 am

As the Boston Globe offers a sobering reflection on what a 2009 depression might feel like, New York Times columnist Thomas Friedman calls for the emergency swearing-in of Barack Obama, stating that stock and credit markets “have…

Bloomberg, recession and Romney’s $200,000 “middle class”

By Paul Schmelzer | 01.15.08 | 11:28 am

As fear of a recession may be pushing billionaire New York mayor Michael Bloomberg to declare his candidacy for president, Mitt Romney is campaigning in Michigan with a call for recession-preempting tax incentives. He wants to eliminate taxes…