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Apple's Bizarre Move, Obama Slammed, Huge Factory Fire And More
April 24, 2013 Pay attention, Simpson and Bowles: There are some things in life worse than going into debt. For Apple Inc., that worse thing is paying taxes: The company announced plans Tuesday evening to borrow money for the first time ever, despite having nearly $145 billion in cash. The problem is that $102 billion of that cash is parked overseas and would be taxed if Apple tried to use it in its plan to give money back to shareholders. Continue reading... | JARED BERNSTEIN | | | Getting Back to Full Employment | | Getting back to full employment -- not debt, deficits, sequester, debt ceilings -- is what we ought to be talking about. I'm happy to say, in fact, that in my travels outside this benighted town, it's the question I get asked most often ("Why isn't Washington doing anything about jobs!!??"). Continue reading... | | | | | | | DAVID COATES | | | The Forgotten Jobs Crisis | | Unemployment and job insecurity are now becoming defining features of middle-class life in suburban America -- and as they become so, they are turning the American Dream into the American Nightmare for more and more Americans. Continue reading... | | |
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