NPR

3 Months of Hell : U.S. Economy Drops 32.9% In Worst GDP Report Ever

Pub Date: 
Thu, 07/30/2020
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GDP shrank at an annual rate of 32.9% in the second quarter — the sharpest economic contraction in modern American history....
The economic shock in April, May and June was more than 3 times as sharp as the previous record — 10% in 1958.

Panel Finds Massive Waste By Wartime Contractors

Pub Date: 
Thu, 09/01/2011
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A report by a congressional commission says the U.S. has lost tens of billions of dollars during the wars in Iraq and Afghanistan because of waste and fraud in government contracts. The panel offered 15 recommendations to tackle the contracting mess. But one suggested fix — hire more government workers — might not be too popular right now.

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