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Dividends: U.S. Continuing Descent Toward Recession

101AirbrnDiv Wrote: Oct 07, 2012 10:22 PM
Here's what the feckless Republican party has told its dupes to parrot about the USA's annual budget. "Federal spending in 2008 was $2.98 trillion under Bush, the highest spending of any one year during his Presidency. Obama 2009 = $3.52 trillion; Obama 2010 = $3.46 trillion; From: http://www.usgovernmentspending.com/fed_spending_2010USrs" Here's what these lapdogs do not know. 2009 belongs to GEORGE W. BUSH. These years are FISCAL YEARS. FY2009=(Oct.08-Sept.09) Bush signed the 2009 Fiscal Year budget. Bush handed out the TARP money to Wall Street; Obama got it back. Bush moved the costs of the wars off-budget; Obama put it on the budget. Let's not forget; the Republicans lie and American soldiers die.

We have been tracking a new potential indicator of the level of economic distress in the U.S. economy: the number of publicly-traded companies declaring whether they will act to cut their dividends each month. The data is now out for the just completed month of September 2012, which Standard and Poor has published in Excel spreadsheet format, which we've used to update our chart tracking this measure of economic health:

Related Tags: Recession