iOS app Android app

US Economy

Why the European Economy Has Done So Much Worse Than That of the United States

Mark Weisbrot | Posted 03.18.2014 | Politics
Mark Weisbrot

How are we to explain these differences? The United States was, after all, the epicenter of the world financial crisis and recession in 2008. But U.S policy-makers responded to the recession with different policies. Most important was monetary policy.

Dance And Capitalism: A Love-Hate Relationship

Nora Younkin | Posted 01.16.2014 | Arts
Nora Younkin

What is the biggest crisis facing contemporary concert dance? If you ask almost anyone in the field, they won't say talent is sparse. They won't say there is a creativity deficit. They won't say there aren't enough innovative collaborators.

When Working Hard Still Means You're 'Working Poor'

Dirk Hughes | Posted 03.18.2014 | Politics
Dirk Hughes

My story is not unique. It may be surprising, but it is not unique. I have a doctorate. I have been employed full-time for 35 years with only a week or so between jobs. I have worked my butt off my entire adult life. I do not have a drinking or gambling problem. And I still live paycheck to paycheck.

From Worse to Awful

Aaron Pacitti | Posted 02.19.2014 | Business
Aaron Pacitti

This type of economic dysfunction is neither new nor an accident -- it is a continuation and intensification of policies that began over 4 decades ago.

The Economy Is Growing Faster Than We Thought

Reuters | Posted 12.20.2013 | Business

WASHINGTON (Reuters) - The U.S. economy grew at its fastest pace in almost two years in the third quarter while business spending was stronger than pr...

Here's How Congress Might Not Screw Up The Economy

AP | By JOSH BOAK | Posted 02.17.2014 | Politics

WASHINGTON (AP) — The U.S. Congress did something Wednesday it hasn't done during three years of partisan warfare: Pass a budget deal that won't lik...

3 Dozen Economists Say Inequality Is Hurting The Economy

AP | CHRISTOPHER S. RUGABER | Posted 12.18.2013 | Business

WASHINGTON (AP) — The growing gap between the richest Americans and everyone else isn't bad just for individuals. It's hurting the U.S. economy....

Open for Business: Reinventing U.S. Economic Development

Sec. Penny Pritzker | Posted 02.15.2014 | Business
Sec. Penny Pritzker

More times than not, it falls to America's mayors and governors to persuade companies to expand business investment and increase living standards in the United States. And for too long, the federal government has been an imperfect partner in this effort.

Krugman Contra Krugman on the Minimum Wage?

Benjamin Powell | Posted 02.10.2014 | Business
Benjamin Powell

Paul Krugman's recent call to raise the minimum wage is consistent with much of his liberal political writing over the past decade. But raising the minimum wage is not consistent with Krugman's writing as an economist.

Blue Collar Men

Paul A. London | Posted 02.09.2014 | Politics
Paul A. London

Women are doing better in today's economy. They still face major headwinds but their unemployment rate is significantly lower than men's and they have...

Aspirations of the Universal Declaration of Human Rights

Rep. John Conyers | Posted 02.10.2014 | Politics
Rep. John Conyers

In his Annual Message to Congress in 1944, President Roosevelt went further in joining the vaunted American ideal of freedom and liberty to economic rights: by proposing an Economic or Second Bill of Rights.

Remember When Jimmy McMillan Said 'The Rent Is Too Damn High' In 2010? Well, Now It's Higher.

Christine Conetta | Posted 12.11.2013 | Politics

Jimmy McMillan, former gubernatorial candidate for New York state and founder of "The Rent is Too Damn High'' party, had a big "I told you so" in resp...

Can We Create Prosperity?

Terry Savage | Posted 02.09.2014 | Business
Terry Savage

I'm always annoyed by those who think that every current crisis spells doom for our economy. We won't lose America's financial future -- unless we deviate from the basic principles that have created economic growth.

Key Trends in Sales and Business Development for 2014

Ian Altman | Posted 02.05.2014 | Business
Ian Altman

Will companies be hiring more salespeople in 2014? What will companies do to stand out from the competition? Will CRM systems expand or contract?

17 Trillion Reasons America Needs a Math Lesson

Larry Womack | Posted 02.05.2014 | Politics
Larry Womack

Democrats are hammering out a deal with transparent fraud Paul Ryan when they should be shouting the truth to anyone who'll listen. And the rest of us? We should be reaching for pitchforks.

Study: Which Sectors of U.S. Economy Will 'Peak Oil' Imperil?

Richard Ha | Posted 02.04.2014 | Hawaii
Richard Ha

We know that energy-related costs will be high then. And that we need to provide food for Hawaii's people. It's as though soon, we're going to have to go. But where will we go?

Arts And Culture Adds $500 Billion To Nation's GDP

AP | BRETT ZONGKER | Posted 12.05.2013 | Arts

WASHINGTON (AP) — Creative industries led by Hollywood account for about $504 billion, or at least 3.2 percent of U.S. goods and services, the gover...

Mr. President, Here's What Your Economy Speech Was Missing

Mauricio Lim Miller | Posted 02.04.2014 | Politics
Mauricio Lim Miller

In his remarks about the current state of economic mobility in the United States, President Obama confirmed something we all know -- that today, the American Dream is simply no longer attainable for many Americans.

U.S. Economy Grew Faster Than We All Thought Last Quarter

Reuters | Posted 12.05.2013 | Business

WASHINGTON (Reuters) - The U.S. economy grew faster than initially estimated in the third quarter as businesses aggressively accumulated stock, but un...

Americans View U.S. Power, Respect Slipping On Global Stage, Poll Shows

The Huffington Post | Shadee Ashtari | Posted 12.04.2013 | Politics

For the first time since 1974, a majority of Americans -- 53 percent -- believe their country wields less power on the global stage than it did a deca...

Playing With Fire

Michael Farr | Posted 02.02.2014 | Business
Michael Farr

As rates begin to rise in anticipation of Fed "tapering," we would expect an eventual reversal as economic indicators begin to deteriorate. In other words, there is a ceiling on the pace of this economic recovery until deleveraging runs its course (which could be a long while).

Good Reason to Be Thankful

Richard C. Leone | Posted 01.27.2014 | Business
Richard C. Leone

I participated on a meeting last week about the state of the economy and the moves the Obama administration proposes to deal with slow growth.

How Prophet Muhammad's Humility Could Shape the US-Iranian Peace Deal

Dr. Faheem Younus | Posted 01.25.2014 | Religion
Dr. Faheem Younus

US-Iranian leaders could draw inspiration from the humility of Prophet Muhammad in negotiations. Yes, all sides are not completely happy but I like to believe that "a good compromise is a compromise in which both sides are equally unhappy."

Corporate America: 'Have You No Sense of Decency?'

James P. Hoffa | Posted 01.25.2014 | Politics
James P. Hoffa

Today the Teamsters and American workers face a moment of reckoning. The time has come where people must stand up and say enough is enough to companies that seek to take advantage of employees and taxpayers.

Is the Housing Boom in Phoenix Creating Another Bubble?

Anita Verma | Posted 01.25.2014 | Business
Anita Verma

The current market portends a promising future for growth of Phoenix. We have survived one of the worst real estate recessions of all times, and now we are moving into time of expansion for housing. In a state that sees sunlight 85 percent of the year, the future of Metro Phoenix's housing market is just as bright!