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Showing posts with the label Economics

Are we in a recession, or not? You decide.

 The president took to the podium to address the notion that there are those who think America is in a recession. The following are pool reporter notes from Biden's remarks: "Simply put, the bill will lower health care costs for millions of Americans and will be ... the most important investment" in clean energy. ADVERTISEMENT CMB BUSINESS SOLUTIONS   "This bill will fight inflation."  See also: Inflation reduction   "This investment in environmental justice is real."    "Let me be clear: this bill would be the most significant legislation in history to tackle the climate crisis."    "This legislation will bring down the deficit. Bring down the deficit."    "With this legislation, we're facing up to some of our biggest problems as a nation."    "This bill is far from perfect. It's a compromise. But it's often how progress is made."    "Pass it. Pass it for the American people. Pass it for Americ...

The Right Thing To Do: Invest In Underserved Communities.

Equal opportunity for all. The Biden administration has announced new initiatives that would allocate billions of dollars to America's underserved communities. ADVERTISEMENT CMB BUSINESS SOLUTIONS   Read complete Fact Sheet here . Twenty-one corporations and 3 foundations have come together to create the Economic Opportunity Coalition, committing themselves to aligning major investments in communities of color with investments made by the Biden-Harris Administration. The EOC will coordinate across public, private, and social sector organizations to develop and deploy products that solve challenges in getting resources where most needed and drive towards outcomes for meaningful action. The founding members of the Coalition include Ariel Investments, Bank of America, BNY Mellon, Capital One, Citi, Discover, Ford Foundation, Goldman Sachs, Google, Key Bank, Kresge Foundation, Mastercard, McDonald’s, McKinsey & Company, Micron, Momentus Capital, Moody’s, Netflix, Next Street, PayPa...