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Economic Recovery

Why the Dow is Hitting 10,000 While Everyone Else is Cutting Back

Robert Reich | Posted 05.25.2011 | Business
Robert Reich

Regardless of what you call it -- Keynesianism, socialism, or just pragmatism -- government's expansion is doing wonders for business, especially big business and Wall Street.

Paul Krugman On Economy: "End Of World Postponed" By Stimulus | Kati Pohjanpalo | Posted 05.25.2011 | Business

Sept. 21 (Bloomberg) -- The global economic downturn has probably hit bottom though the recovery will be "slow and painful," said Paul Krugman, the No...

Obama Not Doing Well Enough on Jobs

Steve Clemons | Posted 05.25.2011 | Business
Steve Clemons

A GDP recovery, which we are going to get, is something that the President of the United States should be apologizing for and for which he should be holding his economic team accountable.

Jobs for America's Unemployed Teenagers

Pat Choate | Posted 05.25.2011 | Business
Pat Choate

Direct government employment is the fastest, surest and least expensive - if not the only - way to create enough new jobs for American teens.

Small-Business Advice is on the Way

Jerry Chautin | Posted 05.25.2011 | Business
Jerry Chautin

Even if you cannot afford a blue-chip board of directors, there is a village of mentors willing to help existing and startup businesses succeed.

Recovery: The New Black

Harry Shearer | Posted 05.25.2011 | Business
Harry Shearer

Are the green shoots real, or are the government economy-minders taking premature credit to dampen populist anger? Let's hope they aren't simply seeing some dandelions in the lawn and calling it springtime.

Feeding the Ducks on Wall Street

Michael J. Panzner | Posted 05.25.2011 | Business
Michael J. Panzner

Many of those at Main Street's front lines are following the old Wall Street dictum: When the ducks are quacking, feed them.

Chairman Bernanke, We Don't Believe It Is Over

Michelle Kraus | Posted 05.25.2011 | Politics
Michelle Kraus

There is a reason that the American people are losing ObamaHope. It's not just unemployment. The reality cuts much deeper than the everyday lives of normal people.

Can Man Challenges End Of Recession

Dan Dorfman | Posted 05.25.2011 | New York
Dan Dorfman

Such informed financial minds as Ben Bernanke and Tim Geithner have been telling us for months the recession is history, but just maybe they ought to chat with a can man.

The Economisseds

Harry Moroz | Posted 05.25.2011 | Business
Harry Moroz

Is market recovery really the same thing as economic recovery?

Obama Must Tame Finance at G-20 Summit: Here's How

Ann Pettifor | Posted 05.25.2011 | Business
Ann Pettifor

We are in the middle of a monumental political conflict with very high stakes. On one side: politicians and regulators battling for the interests of middle-class Americans. On the other: the banks.

Why the President Has Been Losing on Health Care, and What He Needs to Say

Drew Westen | Posted 05.25.2011 | Politics
Drew Westen

At this historic moment, the White House has determined that the best way to win the center is to tack right. But sometimes, the best way to win the center is not to move to the center, but to move the center.

Hard Labor

Robert Kuttner | Posted 05.25.2011 | Business
Robert Kuttner

There are three parts to the woes of American workers -- falling wages, rising unemployment, and insecurity about the future. More robust policies could improve all three.

The Real News About Jobs and Wages -- An Ode to Labor Day

Robert Reich | Posted 05.25.2011 | Business
Robert Reich

I keep hearing that the economic meltdown has taken a huge toll on the stock portfolios of the rich. That's true. But the rich haven't lost nearly as much of their assets, proportionately, as everyone else.

Shaping the Legacy of the Recovery Act: A View from the States

David Adkins | Posted 05.25.2011 | Politics
David Adkins

While the New Deal was about federal agencies, the Recovery Act is about federal partnership, with states leading the charge in providing essential services to the vulnerable while jump-starting economic growth.

On Labor Day, Goodwill Sees Reason for Hope, Time to Build Skills

Jim Gibbons | Posted 05.25.2011 | Business
Jim Gibbons

Many local Goodwills around the country are placing people in employment opportunities in diverse industries such as technology, healthcare, food services, banking, computer programming and manufacturing.

Tony Soprano To The Rescue As Gov't Faces Mob Threat

Danny Schechter | Posted 05.25.2011 | Business
Danny Schechter

Inside a transcript based On top secret National Security Agency surveillance tapes, Tony Soprano discusses the stimulus.

The "Fits and Starts" Recovery

Hale "Bonddad" Stewart | Posted 05.25.2011 | Business

At the beginning of the year GDP was dropping and we were bleeding jobs at 600,000/month. Given that, we're not going to rebound to a 3% growth rate in a few months; it's just not going to happen.

The Recovery Act in Action

Jared Bernstein | Posted 05.25.2011 | Business
Jared Bernstein

The Recovery Act is working, and if you're only noticing that things are still bad without noticing that they're getting better, you're looking at the wrong benchmarks.

The Millenium's Challenge

Jaime Pozuelo-Monfort | Posted 05.25.2011 | World
Jaime Pozuelo-Monfort

The MCC has been praised as an innovative instrument of foreign aid and is an interesting experiment in trying to keep money out of the hands of gangsters.

What Will an Economic Recovery Build Upon?

Garrett Johnson | Posted 05.25.2011 | Business
Garrett Johnson

The economy: Has it bottomed? Are we recovering? Will we see a "V" shaped bounce? Or a "U"? Or a "W"? Let's examine exactly what is going to lead this economy out of our deep recession.

The Myth of the Black Swan

Hale "Bonddad" Stewart | Posted 05.25.2011 | Business

This is the third time that I have been through an economic event where there were groups of people who said the old methods of analysis didn't apply. As I will demonstrate, nothing could be farther from the truth.

30% Unemployment, Pre-Recession: Immigrant Communities Need Real Recovery

Seth Freed Wessler | Posted 05.25.2011 | Politics
Seth Freed Wessler

For communities of color, 'recovery' can be a vapid term. People of color consistently face rates of unemployment higher than what whites experience in the worst recessions.

What the Hell Is a Jobless "Recovery?"

Daniel Denvir | Posted 05.25.2011 | Politics
Daniel Denvir

The government, media and establishment economists are measuring recovery by the GDP and stock prices, the same measures used to qualify our previous bubbles as reflecting real economic well-being.

Too Soon to Call a Housing Bottom

Alan Schram | Posted 05.25.2011 | Business
Alan Schram

Consensus seems to be that the housing market bottomed. But I have my doubts.