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Economic Recovery

The End of the Gravy Train?

Michael Farr | Posted 02.24.2015 | Business
Michael Farr

In the summer of 2013, a sharp spike higher in interest rates caused by the "taper tantrum" (fear that the Fed will soon end monetary easing) reduced both housing affordability and the opportunities to lower mortgage rates through refinancing.

The Next American Economy Requires Bipartisan Leadership

Henry A. J. Ramos | Posted 02.24.2015 | Politics
Henry A. J. Ramos

Now more than ever it is imperative that Republicans and Democrats work together to focus our vast national resources on new and better ways to grow our economy that are more sustainable and inclusive for Americans of all backgrounds and political persuasions.

Ben Walsh

Technology Isn't Boosting Our Productivity Like It Used To

HuffingtonPost.com | Ben Walsh | Posted 02.13.2015 | Business

We invented Facebook instead of flying cars, and that's a problem.

Will the Recovery Finally Translate into Better Wages?

Robert Kuttner | Posted 02.09.2015 | Politics
Robert Kuttner

The good news about the economy's improved job creation dominated the weekend's headlines. Many commentators concluded that the economy is finally shaking off the effects of the financial collapse of 2008 and the long period of stagnation that followed. But the one-year increase in wages has been only 2.2 percent, barely more than 1 percent when adjusted for inflation, and it's been a long time since most workers have seen substantial raises. In this recovery, the economy has been creating more low-wage jobs than high-wage ones. The shift from standard payroll jobs to temp and contract work continues. The uptick in the measured unemployment rate suggests that discouraged workers are only just coming back into the labor force and we are a long way from full employment. Even at the present rate of improved job creation, it will be 2017 before we get back to the pre-recession level of unemployment.

Why America Needs to Pay Attention to Chris Christie's Terrible, Horrible, No Good, Very Bad Week

Yael Bromberg | Posted 02.07.2015 | Politics
Yael Bromberg

New Jersey Governor Chris Christie's week started with a bad case of foot-in-mouth during his three-day trip to England, and went downhill from there, reaching new lows for ethics and good, open government -- even for New Jersey.

Blank Account: The American Struggle to Save and Share

Henry A. J. Ramos | Posted 02.05.2015 | Politics
Henry A. J. Ramos

The present hyper-concentration of wealth is creating dysfunctions in our economy that are strikingly unfair and ultimately unproductive, not only for society's most vulnerable, but also to our overall societal productivity and well-being.

Budget Wars: Europe Has the Germans, We Have the GOP

Richard (RJ) Eskow | Posted 02.03.2015 | Politics
Richard (RJ) Eskow

In fact, the Republican Party's economic agenda is harsher than anything even Germany's been willing to propose. So why hasn't there been a successful U.S. electoral countermovement along Syriza's lines? There are a number of reasons.

A Race Against Time

Michael Farr | Posted 01.30.2015 | Business
Michael Farr

The year 2015 may yet produce solid returns for investors in US stocks. However, it's looking more and more likely that TINA ("There Is No Alternative"), more than any other factor, will be responsible rather than strong earnings growth.

This Map Reveals Just How Unequal The So-Called Recovery Is

The Huffington Post | Emily Cohn | Posted 01.26.2015 | Business

In his State of the Union address last week, President Barack Obama cheered rising wages. What he didn't mention is that much of the income gained sin...

Bold Action Plan or Delusional Rant?

Michael Farr | Posted 01.21.2015 | Business
Michael Farr

Wherever you stand on the political spectrum, I think there are some undeniable truths regarding our economy that need to be addressed before we reach the next phase of robust and sustainable economic growth.

The Power of One

Jack Nadel | Posted 01.21.2015 | Small Business
Jack Nadel

No matter your situation in life, you can change your circumstances. You have all the capability within yourself to make good things happen. And while pursuing your goals, you can enjoy every minute of it.

Taking Stock

Michael Farr | Posted 01.16.2015 | Business
Michael Farr

There are many positive signs in the US. Gross Domestic Product (GDP) for the 3rd quarter was up 5% on an annualized basis compared to the 2nd quarter (adjusted for inflation).

The Job Market Is Still Years Away From A Full Recovery

The Huffington Post | Emily Cohn | Posted 01.12.2015 | Business

Friday's jobs report was generally pretty good news. The jobless rate dropped to a six-year low of 5.6 percent. And the December hiring data capped of...

Here's A Chart That Should Have You Just A Little Bit Worried

The Huffington Post | Mark Gongloff | Posted 01.07.2015 | Business

If you're a frequent borrower of money, for stuff like education and cars and lip implants, you might think that low interest rates are good. But be w...

FINALLY: GOVERNMENTS START SPENDING

New York Times | Posted 01.01.2015 | Politics

NAPLES, Fla. — For a long stretch, government spending cutbacks at all levels were a substantial drag on economic growth. Now, finally, relief is in...

Jason Linkins

Our Prediction For 2015 Is That Most Economic Predictions Will Suck

HuffingtonPost.com | Jason Linkins | Posted 01.08.2015 | Politics

The American economy, bolstered by a run of decent employment numbers and a party-in-the-USA third-quarter GDP pop, is finally beginning to show signs...

Ariel Edwards-Levy

'I Never Thought I'd Be Able To Give My Son His Own Bedroom'

HuffingtonPost.com | Ariel Edwards-Levy | Posted 01.08.2015 | Politics

WASHINGTON -- The year 2014 is ending on an economic high note: The U.S. workforce added 321,000 jobs in November, hourly wages are ticking upward, an...

Sam Stein

Grover Norquist Wants Republicans To Take Credit For The Economic Recovery

HuffingtonPost.com | Sam Stein | Posted 12.30.2014 | Politics

WASHINGTON -- Grover Norquist would like Republicans to shut up about how bad the economy is, and instead take credit for the recovery. The promin...

Time to Get Excited?!

Michael Farr | Posted 12.29.2014 | Business
Michael Farr

Surging stock prices will likely increase rather than decrease the costs of saving for retirement for most folks. Why? Because most people, including baby boomers who are inching closer to "retirement age", remain vastly underprepared for retirement.

Why An Aging Population Is NOT A Burden On The Economy

Michael Hodin | Posted 02.24.2015 | Fifty
Michael Hodin

As one of their year-end announcements, The Centers For Disease Control reported the U.S. birth rate at 1.86, below the replacement level of 2.1. There have already been grumblings about how a lowered fertility rate nationally will have an adverse impact on American economic growth.

U.S. Economy Grows At Fastest Rate Since 2003

AP | Posted 02.22.2015 | Business

WASHINGTON (AP) — The U.S. economy grew at a sizzling 5 percent annual rate in the July-September period, the fastest in more than a decade, boosted...

Should the Fed Be Worried About Deflation?

Michael Farr | Posted 02.17.2015 | Business
Michael Farr

For an economy heavily dependent on consumer spending, this is not a trivial consideration.

Jillian Berman

For Low-Wage Americans, The Holiday Season Is A Time To Work

HuffingtonPost.com | Jillian Berman | Posted 12.17.2014 | Business

For many American workers, this is the time of year for tying up loose ends and taking it easy. For Simon Ting, this is the time of year for working h...

Small Businesses Drive U.S. Job Recovery

Administrator Maria Contreras-Sweet | Posted 02.04.2015 | Small Business
Administrator Maria Contreras-Sweet

Today the Bureau of Labor Statistics reported that our economy added 321,000 jobs in November. That's 57 consecutive months we've added jobs -- the longest employment growth streak since America started keeping track.

Italy Objects: The EU and the Ideology of Deficits

John Weeks | Posted 02.04.2015 | World
John Weeks

What happens to the euro zone economies affects the US economy, and grasping the essence of these packs and pacts is necessary to understand why euro Europe is stagnating.