American Economy

The Fed Isn't Helping

The Student Review | Posted 05.03.2012

The Student Review

If the Federal Reserve Bank was established to prevent or weaken financial crises, then it is failing. The U.S. is a vastly more powerful and rich nation than it was before the Bank was established, but it's still susceptible to large fluctuations during crises.

Thoughts on Tax Day 2012

Robert Reich | Posted 04.17.2012

Robert Reich

As Justice Oliver Wendell Holmes, Jr., wrote in 1904, "taxes are the price we pay for a civilized society." But the wealthiest Americans, who haven't raked in as much of America's income and wealth since the 1920s, are today paying a lower tax rate than they have in over 30 years.

Why Some Obamaites have Lost Faith... and Why They Shouldn't

Larry Hirsch | Posted 04.16.2012

Larry Hirsch

President Obama may not have provided the exact change you wanted, but where would our country be without his accomplishments? Millions of Americans would be without health care, the unemployment rate would likely still be in double digits and we'd likely still be fighting in Iraq.

America's Economic Gulag

James Forr | Posted 05.09.2012

James Forr

These feelings of unjust restriction have fundamentally altered how our participants see their country. If America no longer stands for freedom, as it has since the time of the Founding Fathers, then what does it stand for?

The Great Unraveling: Municipal Bankruptcies?

Richard Brodsky | Posted 04.30.2012

Richard Brodsky

For the first time, local elected officials are talking about default or delay on loan payments, and about bankruptcy as a legitimate way out of their fiscal messes.

The Imperial Way

Noam Chomsky | Posted 04.16.2012

Noam Chomsky

Why exactly is Iran regarded as such a colossal threat? The question is rarely discussed, but it is not hard to find a serious answer -- though not, as usual, in the fevered pronouncements.

Mark Gongloff

The Bond Market Is Trying To Tell Us Something

HuffingtonPost.com | Mark Gongloff | Posted 02.07.2012

For the past few months, the stock market has been behaving like a reveler who's had just a little too much to drink, and the bond market has been beh...

Conservative Candidates and Their Love affair With Austrian Economics

Isabel Otero | Posted 03.10.2012

Isabel Otero

Many Republican candidates, Congressman Ron Paul in particular, are out praising the merits of the Austrian School of Economics or quoting from Hayek in an attempt to solidify their small government anti-Keynes stance. I truly wonder if they've done their research...

DYING DREAM: Its Harder For Americans To Rise From Lower Rungs

nytimes.com | Posted 01.05.2012

Americans enjoy less economic mobility than their peers in Canada and much of Western Europe. The mobility gap has been widely discussed in academic c...

Stronger Growth Should Cushion U.S. Economy From Severe European Damage

Posted 11.30.2011

WASHINGTON (Stella Dawson) - A gradual broadening and strengthening of U.S. growth should cushion the American economy against severe damage from ...

Nurturing Our Inner Cheapskate

Lyndall Hobbs | Posted 01.04.2012

Lyndall Hobbs

The American economy, alas, still sucks. Unemployment rates are not going down. The recession, like an unwanted guest, is still lurking, apparently determined to stick around for a while.

Americans Deeply Pessimistic About Economy

Reuters | Posted 09.12.2011

WASHINGTON (Reuters) - Americans are deeply pessimistic about the future as economic concerns rise and White House talks on raising the U.S. debt ...

Kiva's Microloan System Expands For U.S. Small Business Owners

Premal Shah | Posted 08.30.2011

Premal Shah

So who can play a role in helping these businesses? The answer is actually quite simple: the American people.

Will Interest Rates Go Lower?

Don McNay | Posted 08.28.2011

Don McNay

The common assumption is that interest rates are going to go higher. Just like the common assumption, for many years, that you couldn't lose in the real estate market. Sometimes we have to consider the unconsiderable.

The Stalled Recovery, Smoke and Mirrors and the Carnage on the Street

Robert Reich | Posted 08.11.2011

Robert Reich

The real economy is catching up with the financial economy, as it always does. Wall Street is built on smoke and mirrors, while the real economy is based on jobs and wages.

The Truth About the American Economy

Robert Reich | Posted 07.31.2011

Robert Reich

It's vital that we understand the truth about the American economy. How did we go from the Great Depression to 30 years of Great Prosperity? And from there, to 30 years of stagnant incomes and widening inequality, culminating in the Great Recession?

Lila Shapiro

U.S. Becomes Net Exporter Of Fuel For First Time In Nearly 20 Years

HuffingtonPost.com | Lila Shapiro | Posted 07.03.2011

This piece has been updated. While some Americans cut back on driving as gas prices soar, the U.S. has become a net exporter of fuel for the first ...

The Casino Next Door: How Gambling Snuck Into The Mall

BusinessWeek | Felix Gillette | Posted 06.24.2011

Inside a one-story building on the edge of a strip mall in Central Florida, Joy Baker calculates the sum total of her morning bets. It's almost noon, ...

Should The World Be More Like Belgium?

Posted 05.30.2011

BRUSSELS (Reuters) - This is a European country riven by ethnic tensions. Its public debt is almost as big as its total annual output and it's in ...

WATCH: Daley Says U.S. Has Become Nation Of 'Whiners'

Posted 05.25.2011

Retiring Chicago Mayor Richard Daley addressed a full auditorium at Wheaton College in the Chicago suburbs Thursday, where he said the United States h...

What Malia and Sasha Obama's Parents Know About the Value of Language

Nataly Kelly | Posted 05.25.2011

Nataly Kelly

Mind your manners." "Eat your carrots." "Practice your Mandarin." The first two phrases are often uttered by the average American parents. The last one is heard in far fewer homes.

PLASTIC IS BACK: Credit Card Debt Increased For First Time Since '08

The Huffington Post | Lila Shapiro | Posted 05.25.2011

In December, consumer credit card debt increased for the first time since 2008, according to the Federal Reserve, another strong indication that the A...

Lila Shapiro

Economic Growth Still Not Good Enough To Dent Jobs Crisis

HuffingtonPost.com | Lila Shapiro | Posted 05.25.2011

The American economy sped up in the last three months of 2010, but economic growth is still dramatically short of where it needs to be to make a signi...

Help Wanted! -- (But Not Here)

Dan Rather | Posted 05.25.2011

Dan Rather

We're not just creating overseas jobs at an astounding rate, we're off-shoring the innovation and the know-how that we need to lay the groundwork for the future of the American economy.

AP Analysis: Jobs Crisis Still Strong, Economy Will Continue Struggling

AP | MIKE SCHNEIDER and MARTIN CRUTSINGER | Posted 05.25.2011

Higher unemployment and foreclosure rates, especially in South Atlantic and Mountain states, raised the nation's economic stress in November, accordin...