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Great Recession

Who Are the Real Takers?

Harlan Green | Posted 09.19.2014 | Business
Harlan Green

Why do we have such a high poverty rate five years after the end of the Greatest Recession since the Great Depression, and the greatest income and wealth inequality since that Great Depression?

Economic Happy Talk and the Politics of Denial

Joel Berg | Posted 09.12.2014 | Politics
Joel Berg

Democrats can't seem to get their message straight about the economy. Is it soaring because of the visionary leadership of President Obama, or failing because of the intransigence of Congressional Republicans?

The Death of Maria Fernandes Demands a Call to Action

Laura Reyes | Posted 09.10.2014 | Politics
Laura Reyes

When I heard about the death of Maria Fernandes, an exhausted worker who died while napping in her car between two of her four jobs, I felt an my immense sadness that quickly turned to anger. Maria was a victim of an economic condition that grinds up low-wage workers, particularly women.

A Broken Immigration System Hurts Communities and Businesses

National Council of La Raza | Posted 09.09.2014 | Latino Voices
National Council of La Raza

Misguided immigration policies don't just tear families apart; these policies also impact the communities where aspiring Americans live and contribute.

Government Wasn't the Problem

Harlan Green | Posted 09.08.2014 | Business
Harlan Green

If the latest unemployment report tells us anything, it is that government isn't the problem that has caused the weak U.S. recovery, but a private sector that is focused solely on maximizing profits for their investors and CEOs, rather than creating more jobs.

Mobility Math: More Folks Renting = Fewer Mortgages = Lower Deficit and Lower Unemployment

Terry Connelly | Posted 09.03.2014 | Business
Terry Connelly

Indeed, it has long been U.S. government policy to encourage home buying among young adults, especially by providing favorable tax subsidies for homebuyers in the form of the famous mortgage interest deduction.

Abercrombie & Fitch: A Sad Lesson In Branding

Jenny Darroch | Posted 09.02.2014 | Business
Jenny Darroch

The Great Recession wasn't a blimp on our landscape. Instead, it was a long, deep, drawn out tragic affair. Abercrombie & Fitch's sales and financial performance declined and employees were laid off.

Arthur Delaney

Most Americans Think The Economy Is Permanently Damaged

HuffingtonPost.com | Arthur Delaney | Posted 08.28.2014 | Politics

Seven out of 10 Americans say the U.S. economy has been permanently damaged by the Great Recession that started at the end of 2007, according to a new...

Most Americans Think The Recession Permanently Damaged The Economy: Survey

AP | By JOSH BOAK | Posted 08.28.2014 | Business

WASHINGTON (AP) — Americans are more anxious about the economy now than they were right after the Great Recession ended despite stock market gains, ...

Weary U.S. Workers Are Still Experiencing Hard Times

James P. Hoffa | Posted 08.27.2014 | Business
James P. Hoffa

Labor Day is seen as a day of rest for many hardworking Americans. But for a growing set of U.S. workers, there is no break from trying to earn enough to support their families. Despite a dip in unemployment during the past few years, low pay continues to plague many employees while their corporate bosses rake in record profits.

Getting Rich After 50 Isn't Nearly As Hard As It Sounds -- Seriously

Buck Wargo | Posted 08.25.2014 | Fifty
Buck Wargo

Everyone dreams of getting rich and if you're in your 50s or older and getting by in your career and don't have a lot saved for retirement, becoming a millionaire over the next five years doesn't have to be a fantasy. All it takes is a change of mindset about money.

What Do Banks Have to Hide From CFPB's Efforts to 'Make the Market for Credit Work Better'?

Ed Mierzwinski | Posted 08.22.2014 | Business
Ed Mierzwinski

This month, two different but powerful Wall Street bank lobbies launched self-serving attacks on the Consumer Financial Protections Bureau's most recent efforts to make banking markets more transparent. What do the banks have to hide?

Yellen Warns That The Job Market Is Still Not Great

Reuters | Posted 08.22.2014 | Business

By Howard Schneider JACKSON HOLE, Wyo., Aug 22 (Reuters) - U.S. labor markets remain hampered by the effects of the Great Recession and the Federal...

Homeward Bound: The New Post-Graduation Destination

Ellen Goodlett | Posted 08.21.2014 | Women
Ellen Goodlett

There's nothing wrong with staying at home, especially when it's the practical choice for a young career worker who's looking to remain in their hometown.

The Tipping Point for Obama

Michelle Kraus | Posted 08.15.2014 | Politics
Michelle Kraus

Abandoned by his base and set adrift, the President trudges forward. He is weary, beleaguered, and beset with problems of the ages that span the Holy ...

U.S. Labor Force: Where Have All the Workers Gone?

Ravi Balakrishnan | Posted 08.12.2014 | Business
Ravi Balakrishnan

As the U.S. economy recovers, hirings increase and people are encouraged to look for jobs again. Instead, the ratio of the adult population with jobs, or looking for one -- what's called the labor force participation rate -- has been falling, standing at 62.9 percent in July 2014

Shahien Nasiripour

The Federal Reserve Is Telling Us The Economy Is Pitiful

HuffingtonPost.com | Shahien Nasiripour | Posted 08.07.2014 | Politics

Fewer than one-third of Americans report being better off financially than they were five years ago, with weak household savings and hefty debt burden...

Slop Bucket Full of Promise

Jim McCleary | Posted 08.14.2014 | Fifty
Jim McCleary

I'm a 51-year-old college graduate working a $20-an-hour job clearing dirty dishes off tables at black-tie events. Back when I had money and good income, I used to attend these functions, clad in tux and tails.

Wall Street's Too-Big-to-Fail Banks Still Trying to Get Taxpayer Bailouts

Dennis M. Kelleher | Posted 08.06.2014 | Money
Dennis M. Kelleher

The problem is that Wall Street's biggest banks don't want to have to go into bankruptcy if they fail. They want U.S. taxpayers to bail them out like what happened in 2008-2009. They want to keep their jobs, bonuses and reckless gambling.

Why Half Of America Thinks We're Still In A Recession

The Huffington Post | Mark Gongloff | Posted 08.07.2014 | Business

The Great Recession ended more than five years ago, but good luck trying to convince many Americans of that. Nearly half of all Americans, 49 perce...

California vs. Kansas

Harlan Green | Posted 07.30.2014 | Business
Harlan Green

In the great economic battle between pro-government and anti-government policies, California vs. Kansas has been the featured contest, and California has won.

Statement on the 2014 Social Security Trustees' Report

Bob Greenstein | Posted 07.28.2014 | Politics
Bob Greenstein

Social Security is the most effective and successful income-security program in the nation's history. Policymakers should design reforms judiciously so that it remains so.

Why I Love My Bank Regulator

Keith Mestrich | Posted 07.24.2014 | Impact
Keith Mestrich

Many financial sector executives are not fans of bank regulators -- to put it mildly. But I have a different perspective: I love my bank regulator. Here's why -- and why you should, too.

Is There Any Help for Consumers?

Harlan Green | Posted 09.21.2014 | Money
Harlan Green

"It's the Consumers, Stupid," is an oft-repeated mantra being echoed currently by Internet advocates who want to keep Internet access free. But there's a more important reason to worry about consumer health

Journeys and Destinations: The National Fund For Workforce Solutions Evaluation

Mark Popovich | Posted 09.17.2014 | Impact
Mark Popovich

Evaluation calibrates the achievements against the National Fund's initial goals -- including the number of individuals and employers served as well as its growth in scope and scale. Most important is the evidence that the core principles are demonstrated in practice and that adherence to the principles correlated with higher performance across the sites.