The powerful military-industrial complex, with generous campaign contributions funneled via K-Street lobbyists to both parties, celebrated a huge victory yesterday. By getting overwhelming majorities in both chambers to approve a whopping, unprecedented $856 billion Pentagon bill, America's defense industries are assured of continued prosperity for years to come. Pentagon budgets are rarely cut year after year and generally only rise with time.
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RCM/TIPP Economic Optimism Index Weakens in December
Consumers turn gloomy as the holiday season begins.
TIPP Indexes Methodology
The RealClearMarkets/TIPP Economic Optimism Index is the earliest take on consumer confidence each month and predicts with high reliability monthly changes in sentiment in well-known polls by The Conference Board and the University of Michigan. Began in February 2001, the Indices were developed by TIPP for its media partners
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Competition between the two major powers.
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