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Economic Recovery

Jack Welch: Europe's Debt Crisis Will NOT Hurt America

Huffington Post | Sara Yin | Posted 05.25.2011 | Business

Former General Electric CEO Jack Welch was nothing if not optimistic in an interview with CNBC early Wednesday. Welch, appearing on "Squak Box," said ...

Lawmakers Fiddle While the Unemployed Get Burned

Chad Stone | Posted 05.25.2011 | Business
Chad Stone

As Congress dithers over the latest jobs bill, unemployed workers throughout the country face another week of uncertainty about their unemployment insurance (UI) benefits.

PHOTOS: 10 Cities That Are Beating The Recession

Huffington Post | Sara Yin | Posted 05.25.2011 | Business

This recession has been particularly brutal on American cities. Nearly one in five Americans are unemployed -- or can't find enough work --- housing p...

Richard Trumka Vomits At White House Meeting With Obama

Posted 05.25.2011 | Politics

President Obama convened a meeting of his Economic Recovery Advisory Board Friday, but one of his top allies needed a little more time to recover. ...

Double-Dip Recession Coming? Second Downturn Could Be Getting More Likely (POLL)

Huffington Post | Ryan McCarthy | Posted 05.25.2011 | Business

When Fed chief Ben Bernanke said last week that the economic recovery "won't feel terrific," he may have been on to something. Whether we're technical...

Restaurant Industry Recovers From Recession Dip | WILLIAM NEUMAN | Posted 05.25.2011 | Business

Restaurants all over the country are beginning to see signs of a potential recovery after a dismal 2009. Sales at some restaurants have risen in the l...

The Super-Rich Want You to Hate Taxes So They Can Keep Your Money

Sally Kohn | Posted 05.25.2011 | Politics
Sally Kohn

This Tax Day, as you're dropping your return in the mail (or pressing that e-send button), instead of reinforcing the pro-rich, anti-tax lie and sighing grumpily as you do your duty, look around at everything your taxes are paying for.

Our False Recovery: Why Wall Street Is Up and Everyone Else Is Down

Bob Samuels | Posted 05.25.2011 | Business
Bob Samuels

Obama's stimulus plan has only exaggerated the fake recovery by funneling money into tax breaks and the short-term alleviation of state deficits. Massive State layoffs have only been delayed, not prevented.

Recession Over? Not So Fast, Says The Agency Charged With Tracking Downturns

Huffington Post | Ryan McCarthy | Posted 05.25.2011 | Business

Forget Dow 11k, the recession may not be over -- at least, not technically. The National Bureau of Economic Research, the non-profit organization ...

A Dumbbelled Recovery

Max Fraad Wolff | Posted 05.25.2011 | Business
Max Fraad Wolff

Our recovery remains very vulnerable and unevenly distributed. It remains too early to be as confident the pundits and prognosticators are today.

The Battle Was Already Lost

Harry Moroz | Posted 05.25.2011 | Politics
Harry Moroz

Certainly one can request that the President push forcefully for more aid that will help state and local governments retain teachers. But the real criticism should be reserved for a Congress.

Steven Pearlstein: Our Economic 'Day Of Reckoning'

Washington Post | Posted 05.25.2011 | Business

The controlling reality is that the global economic system is rebalancing itself after years in which the United States was not only allowed but encou...

The Coming Export Boom

Tom Silva | Posted 05.25.2011 | Business
Tom Silva

The United States market is only 27 percent of global consumption today vs. emerging markets which are at 34 percent. Clearly, the rest of the world is no longer an afterthought.

Don't Listen to the Cheerleaders, the Main Street Economy Isn't Improving

Robert Reich | Posted 05.25.2011 | Business
Robert Reich

The common wisdom is that excessive debt-financed spending was one of the causes of the recent recession, so the news that household debt is dropping is being celebrated as reason to believe we're on the mend. Baloney.

Daniel Gross: America's Amazing Comeback

Newsweek | Daniel Gross | Posted 05.25.2011 | Business

In the wake of the 2008 financial meltdown and the deep, long recession that followed, the decline of America has become the preferred intellectual pr...

10 Highly Productive Cities Where The Economy Is Beginning To Turn Around (PHOTOS)

Posted 05.25.2011 | Business

The unemployment rate in America hasn't budged of late, but the flat jobless rate may not tell the whole story. More than a few smaller, dynamic cit...

Matt Taibbi: Looting Main Street | Matt Taibbi | Posted 05.25.2011 | Business

The destruction of Jefferson County reveals the basic battle plan of these modern barbarians, the way that banks like JP Morgan and Goldman Sachs have...

Governing the Recovery

Harry Moroz | Posted 05.25.2011 | Business
Harry Moroz

Federal support for job creation is needed now. It is tepid reaction to this challenge of governance that the Obama administration should be criticized for, not some vague "failure of leadership" on the Deepwater Horizon oil spill.

Mad Deficit Disease

Bob Burnett | Posted 05.25.2011 | Politics
Bob Burnett

In times of economic chaos, the federal government needs a comprehensive strategy. For those of us who took at least one college course in economics, 2010 economic policy seems obvious: we should spend money to create jobs.

The Promise of "Green" and a Dash of "Reality"

Julian L. Alssid | Posted 05.25.2011 | Green
Julian L. Alssid

Money can buy a lot of hope; but it is going to take time, education, and economic maturity before the broad economic benefits of "green" are more than wishful planning.

Don't Call Me Mr. Doom, Call Me Mr. Realist

Vitaliy N. Katsenelson | Posted 05.25.2011 | Business
Vitaliy N. Katsenelson

Because the stimulus exaggerates the true performance of our economy, we've positioned our portfolio for a subdued, low-growth type of recovery.

Rev. Jesse Jackson Discusses the Current Political Landscape (Part 1)

Kathleen Wells, J.D. | Posted 05.25.2011 | Politics
Kathleen Wells, J.D.

The Reverend Jesse Louis Jackson, Sr., founder and president of the Rainbow PUSH Coalition, is one of America's foremost civil rights, religious and p...

Private Sector Job Growth Drives March Employment Numbers

Rep. Carolyn Maloney | Posted 05.25.2011 | New York
Rep. Carolyn Maloney

While the latest jobs report doesn't merit high-fives or fits of bragging, it's quite a bit better than what we've been handed each month over the past two years.

Foreclosure Churches struck down by foreclosures

Reuters | Tom Hals | Posted 05.25.2011 | Business

Getting a complete picture of the financial health of churches across the country is difficult. But a review of filings in the Thomson Reuters Westlaw...

A Better Way to Improve Financial Regulation

Marty Robins | Posted 05.25.2011 | Business
Marty Robins

This article describes a more efficient and effective method for avoiding severely problematic outcomes for firms that imperil the broader economy.