That shocking little pay cut we all took at the beginning of the year is being blamed as the reason why consumer confidence suffered a drop so large it wiped out all the gains registered in 2012.
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A new report by the Congressional Budget Office (CBO) concluded that if the Bush-era tax breaks and looming spending cuts are not dealt with before the New Year, we will fall off the so-called "fiscal cliff" and end up with a jobless rate of 9.1 percent by next fall along with a shrinking economy.
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By Susan Brinkmann, OCDS
Staff Writer
The poor economy is being blamed for a surge in the number of women seeking abortions and men requesting vasectomies because they can’t afford to have more children. Pro-life groups say the family planning industry is exploiting the situation to promote their business.
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Staff Writer
Pope Benedict XVI defended the Church’s right to present reasonable and well-argued criticism of the errors that have led to the current economic crisis, citing selfishness and idolatry of money among them.
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By Susan Brinkmann, OCDS
Staff Writer
Leaders of the U.S. Conference of Catholic Bishops (USCCB) meeting in Baltimore this week pledged to support president-elect Obama but also to stress areas of disagreement with him, particularly on abortion and other life issues.
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