The Great Recession

Coked Up Stimulus Monkeys

Glenn C. Altschuler | Posted 04.10.2012

Read More: Unemployment, American Recovery and Reinvestment Act of 2009, Solyndra, Job Creation, Stimulus Package, The Great Recession, Biden Jobs Summer, Money Well Spent Book, Books News

Richly detailed, judicious, thorough and timely, Money Well Spent? is a primer on how to evaluate this policy -- and all public policies -- in a highly partisan, polarized, paralyzed political climate.

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Lost In The Funhouse: The Twisted World Of Mortgage Lender Error

Ben Hallman | Posted 01.27.2012

Read More: JPMorgan Chase, Video, Foreclosure Crisis, Freddie Mac, Wall Street, Wells Fargo, GMAC Home Mortgage, National Consumer Law Center, Bank of America, Fannie Mae, Foreclosure, The Great Recession, Mortgage Payment, Realtytrac, Interest Rate, Business News

Ben Hallman reported and wrote this story as a staff writer at the Center for Public Integrity. He recently joined The Huffington Post. Like milli...

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The Fight To Save The American Dream

www.salon.com | Posted 01.18.2012

Read More: The Great Recession, Class Warfare, Poverty, Unemployment, Economic Inequality, US Poverty, American Dream, Economy, Great Recession, Ows, Fifty News

If you're part of the one percent, even getting fired comes with a cushion made of eiderdown. GMI, a research company that gets paid to keep an eye on...

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The 10 States That Can't Pay Their Bills

24/7 Wall St. | Michael B. Sauter, Charles B. Stockdale, Ashley C. Allen | Posted 01.12.2012

Read More: Taxes, Housing Market, Gdp, Budget Gaps, Wages, The Great Recession, Center for Budget Policy Priorities, Income, Housing Crisis, State Revenues, Business News

Balancing the budget is not just a federal problem, but a state one as well. The Great Recession resulted in some of the worst state revenues and budg...

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Occupy Y'All Street: Three Generations Try To Escape Poverty Through Occupy Columbia

HuffingtonPost.com | Jason Cherkis | Posted 12.22.2011

Read More: Jessica Smith, Zesto, Poverty, Waffle House, The Great Recession, Occupy Columbia, Citizens United, Nikki Haley, Video, Unemployment, Occupy Wall Street, South Carolina, Foreclosure, Service Economy, Temp Jobs, Republicans, South Carolina Politics, Politics News

This is the third in a series of stories and short films on under-publicized Occupy sites. The first is here. The second is here. Stay tuned in the co...

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It's the Great Recession -- Not the Great Vacation -- That's Responsible for High Unemployment

Chad Stone | Posted 02.15.2012

Read More: Unemployment Benefits, Unemployment, Great Recession, Jobs, The Great Recession, Unemployment Insurance Benefits, Politics News

Two competing narratives frame the debate about why unemployment remains so high even though the economy has been growing for more than two years.

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After Post-Recession Slowdown, Credit Card Use Ticking Back Up

The Huffington Post | Jillian Berman | Posted 12.05.2011

Read More: Consumer-Deleveraging, Video, Consumer Financial Protection Bureau, Credit Card Purchases, Business News, Personal Savings Rate, The Great Recession, Credit Card Spending, Credit Card Use, Deleveraging, Credit Cards, Balance Transfer Day, Business News

Many Americans might be confused by the rules and terms of their credit cards, but they're more often opting to swipe anyway. Credit card purchases...

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Wall St. Pay May Plunge To 2008 Levels

Posted 11.28.2011

Read More: 2008 Financial Crisis, Video, Wall Street, Wall Street News, Bank-News, Business News, The Great Recession, Wall Street Pay, Wall Street Bonuses, Wall Street Compensation, Business News

The average Wall Street bonus will decline by 20 percent to 30 percent this year, according to a closely watched compensation report, as banks cut...

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Stock Market Tumbles As Global Slowdown Looms

HuffingtonPost.com | Bonnie Kavoussi | Posted 11.22.2011

Read More: Commodities, Markets, Stocks, Stock Market, Dow Jones Industrial Average, Gold, The Great Recession, New York Stock Exchange, Business News

The stock market plunged on Thursday as investors viewed it as increasingly likely that the global economy is slowing. U.S. stock indexes lost more...

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Gallup Poll: Vast Majorty Says Recession Not Over

HuffingtonPost.com | Janell Ross | Posted 11.21.2011

Read More: Consumer Confidence, Economic Indicators, Unemployment, Weak Economic Recovery, Gallup Poll, Public Opinion, Recession Not Over, The Great Recession, Jobs Market, Gallup, Recession, Business News

A shortage of jobs and falling incomes have left an overwhelming share of Americans convinced that the Great Recession is not over, according to a Gal...

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Widening Income Inequality Bad For Economic Growth: IMF Report

The Huffington Post | Bonnie Kavoussi | Posted 11.20.2011

Read More: Robert Reich, Joseph Stiglitz, Income Inequality, International Monetary Fund, Claudia Goldin, The Great Recession, Economic Growth, Gross Domestic Product, Inequality, Recession, Business News

The widening gap between the wealthy and everyone else in the United States may be hindering a broader economic recovery, according to a new study. ...

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'Recession Forever': For The Long-Term Unemployed, Fading Hold On Middle Class

HuffingtonPost.com | Peter S. Goodman | Posted 10.31.2011

Read More: Video, Unemployment, Poverty, Douple-Dip Recession, Great Recession, Middle Class, Jobs, The Great Recession, Long-Term Unemployed, Foreclosure, Economic Growth, Pell Grants, Third World America, Business News

If anyone in America could plausibly claim immunity to the unemployment crisis, Joe Sangataldo figured to be the guy. He earned his wages at a county ...

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State Revenue Slumps Worse Than The Great Depression

HuffingtonPost.com | Tyler Kingkade | Posted 12.21.2011

Read More: Taxes, State Budgets, Economy, Budget, The Great Recession, Layoffs, Tax Cuts for the Rich, Unemployment, Economic Recession, State Revenues, Great Depression, Politics News

WASHINGTON -- While the current economic downturn is often referred to as the worst since the Great Depression, today's conditions are by some measure...

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Latinos, Numbers and the Real World

Max Benavidez | Posted 10.15.2011

Read More: Latinos, Johns Hopkins, Max Benavidez, Rith Bader Ginsburg, Well-Being, The DREAM Act, Los Angeles, The Great Recession, East Los Angeles, Magnolia Place Community Initiative, Pan American Bank, Pew Hispanic Center, Latino Voices News

U.S. Supreme Court Justice Ruth Bader Ginsburg wrote in a Brookings Institution article that the United Nations had estimated that white Americans, if ranked as a separate nation, would lead the world in well-being, a measure that combines life expectancy, educational achievement, and income.... Hispanic Americans would rank thirty-second.

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How To Save America's Middle Class

The Atlantic | Don Peck | Posted 10.14.2011

Read More: The Great Recession, Poverty, Economic Inequality, American Poverty, Third World America, Wealth Gap, Rich vs. Poor, Politics News

IN OCTOBER 2005, three Citigroup analysts released a report describing the pattern of growth in the U.S. economy. To really understand the future of t...

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Why This Crisis Differs From The 2008 Version

Wall Street Journal | FRANCESCO GUERRERA | Posted 10.09.2011

Read More: Wall Street, Dow Jones Industrial Average, Warren Buffett, Federal Reserve, Jobs, Standard & Poor's, Economic Recovery, The Great Recession, Financial Crisis 2008, S&P, U.S. Credit Downgrade, European Central Bank, Business News

It is a parallel that is seducing Wall Street bankers and investors: 2011 as a repeat of 2008, the history of financial turmoil playing in one endless...

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From Fresh Food to French Fries: Great Recession Assails American Eating Habits

HuffingtonPost.com | Janell Ross | Posted 09.16.2011

Read More: Fast Food, Food Costs, Income Inequality, Black Unemployment, McDonald's, The Great Recession, Healthy Eating Habits, Food Spending, Business News

As Michele Washington walks into a McDonald's in Harlem on a recent evening, exhausted from a two-hour commute and eager for an inexpensive meal, ...

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Potential U.S. Spending Cuts Might Further Weaken Recovery

Posted 09.10.2011

Read More: Charles Schwab, Housing Market, Unemployment Rate, President Barack Obama, Jobless, Federal Reserve, The Great Recession, S&P 500, Austerity, Labor Market, Credit Suisse, Debt Limit, Greece Debt Crisis, Budget Deficit, Economic Recovery, Ben Bernanke, World War II, Faros Trading, Business News

NEW YORK (Steven C. Johnson) - Two years removed from its worst recession since World War Two, the U.S. economy is still struggling to create jobs...

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Companies Moving Jobs To U.S. From China To Avoid Inflation

Posted 08.28.2011

Read More: China Inflation, Free Trade, Manufacturing, United States, The Great Recession, United States Recession, China Economy, Unions, Fair Trade, China, Video, Business News

MILWAUKEE (Scott Malone) - On a recent morning at Master Lock's 90-year-old factory in Milwaukee, a cluster of machinery was whirring, every 2 sec...

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Millionaires Not As Optimistic About Economy As Their Advisers

Posted 08.16.2011

Read More: Charles Schwab, 2008 Financial Crisis, Infidelity, Baby Boomers, The Great Recession, Fidelity Millionaire Outlook, Third World America, Millionaires, Business News

CHARLOTTE, N.C. (Joe Rauch) - Millionaires are less optimistic about the U.S. economy's prospects than their wealth advisers and are taking a caut...

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Economy or Jobs? Which Problem Is Bigger Depends On Who You Ask

HuffingtonPost.com | Janell Ross | Posted 08.10.2011

Read More: Public Poll, Unemployment, Economy, Gallup Poll, Jobs, The Great Recession, National Concerns, National Problems, Low Income, Republicans, Business News

To a large number of Americans, an economic recovery without jobs is not really a recovery at all. Overall, 55 percent of Americans picked either ...

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Financial Ignorance and Denial High But Preparedness Low, Study Says

HuffingtonPost.com | Janell Ross | Posted 08.09.2011

Read More: Bank Regulation, Mortgages, Emergency Savings, Financial Illiteracy, Pay-Day-Lenders, Emergency Funds, The Great Recession, Savings, Business News

NEW YORK -- Americans are mired in debt they don't understand, according to a new working paper. Not only do many Americans not have a financial pl...

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When We Can't Count on the Banks or Our Congress

Curtis Roosevelt | Posted 08.01.2011

Read More: Ferdinand Pecora, Fdr, Alan-Brinkley, Pecora Commission, Fdr New Deal, The Great Depression, Sara Delano Roosevelt, The Great Recession, Financial Regulation, Obama Big Banks, Politics News

President Obama should note that President Roosevelt's slamming the bankers and financiers -- beginning with his inaugural address and right up through his campaign for a second term -- did not destroy the country's banking system.

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Zombie Economics

Glenn C. Altschuler | Posted 07.23.2011

Read More: Finance-Capitalism, The Great Recession, Keynesian Economics, Inflation, Privatization, Bush Tax Cuts, Glass-Steagall, Trickle-Down Economics, Supply-Side Economics, Monitorism, Books News

Age of Greed is clumsily-written and repetitious. It does not pay sufficient attention to structural problems and global challenges to America's economy. Nor does it provide clearly delineated alternatives to the misguided policies of the past.

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Show Us the Jobs: Obama's State of the Union Challenge

Bob Burnett | Posted 05.25.2011

Read More: Jobs, The Great Recession, Jobs Crisis, Obama State of the Union, State of the Union, Barack Obama, President Obama, Politics News

President Obama should learn from his Tucson speech and make the State of the Union address simple and personal. The president will be standing in front of the 112th session of Congress, where the House of Representatives is controlled by a raucous Republican majority. His speech could well set the tone of the next two years. Obama needs to take command of the bully pulpit to say to Congress: We've stabilized the economy. Now we need to work together to create more jobs.

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