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US Economy

Health Care Reform -- Yes We Can -- NOW!

Gerald McEntee | Posted 05.25.2011 | Politics
Gerald McEntee

Health care reform is a vital part of rebuilding the economy and expanding America's middle class. We have to do it now -- precisely because economic times are so tough.

An Economy Based On Consumerism Is Not Sustainable

Philip Slater | Posted 05.25.2011 | Business
Philip Slater

If we humans are to survive we're going to have to stop over-producing -- ourselves and everything else. If we can't face the future without an eternally expanding economy, we won't have one.

America: Get Your Financial Act Together

Diane Francis | Posted 05.25.2011 | Business
Diane Francis

It would be as irrational to allow the Ayatollahs to build bombs as it would be to allow Wall Streeters to run amok again building their weapons of financial mass destruction.

The Meaning of Change Will Be Tested by the Auto Industry Bailout

Mitchell Bard | Posted 05.25.2011 | Politics
Mitchell Bard

The question shouldn't be whether or not to bail out the U.S. auto industry, but how assistance to the car manufacturers fits within the larger national energy plan that is greener, self-sustaining and economically positive.

Poor Obama... It Gets More Complicated Every Day

Francine Hardaway | Posted 05.25.2011 | Business
Francine Hardaway

I've been debating with myself for weeks over whether we ought to bail out the auto industry. I made a little pro-con list for myself today.

The New World Economy

Zachary Karabell | Posted 05.25.2011 | Business
Zachary Karabell

The financial balance of power is shifting. China, Brazil, even Japan can all claim more sound economies than the United States. They expect a voice, and they are not asking permission.

Obama: Having Nothing to Fear, Not Even Fear Itself?

M. and V. Sommer, D. Wyles | Posted 05.25.2011 | Politics
M. and V. Sommer, D. Wyles

Commentary by Michael Sommer The essential task of Barack Hussein Obama as the 44th President of the United States will be, first, to get America an...

"The Witch of Wall Street," a Cautionary Tale for Tough Times?

Erica Heller | Posted 05.25.2011 | Style
Erica Heller

Hetty Green was the world's richest woman, but also earned the nickname of the "Witch of Wall Street," with her severe Quaker clothing and staggering thriftiness.

Outrage Growing Over Executive Pay

Washington Post | Heather Landy | Posted 05.25.2011 | Business

The public's indignation over lavish executive pay has rippled beyond the circles of activist investors and corporate governance watchdogs, who for ye...

Obama and Pelosi's First Conversation

Stephen H. Baum | Posted 05.25.2011 | Politics
Stephen H. Baum

"I [Barack Obama] am President of all the people. I will do everything within my power to make heroes of those who work for the common good. I don't need the credit."

Bad Economy Downsizing Office Holiday Parties

AP | JENNIFER PELTZ | Posted 05.25.2011 | Business

NEW YORK — In this brutal season of cutbacks, the office holiday party is getting downsized, too. From American Express to MTV to the Bend, Ore...

Economist Shiller: Let's Pay Wall Street to Teach Main Street How to Lose Money like Pros

Charles H. Green | Posted 05.25.2011 | Business
Charles H. Green

For a Yale economist to play "blame the consumer" is incredible enough, but to use that argument ostensibly in support of "bridging the wealth gap" is disingenuous at the least.

Food Fight; Falling Corn Prices Reveal Big Food's Lies

Dave Vander Griend | Posted 05.25.2011 | Green
Dave Vander Griend

When it was convenient for them, critics of the biofuels industry were quick to place blame for rising food costs on ethanol, claiming that ethanol was increasing the price of corn.

The D Word

Giles Slade | Posted 05.25.2011 | Politics
Giles Slade

Across the nation, the most vulnerable have already been stripped of their security. They are wildly adrift in the economic chaos like autumn leaves caught in a hurricane.

Not a Dime... Unless

Murray Fromson | Posted 05.25.2011 | Business
Murray Fromson

What a way to emerge from the excitement of last Tuesday's election than to read about the three major automakers plea for another handout.

Economic Stimulus Proposal May Not Be Big Enough

McClatchy | David Lightman | Posted 05.25.2011 | Business

Washington is poised during the next 90 days to approve spending perhaps $100 billion to jolt the ailing economy. The only questions are when it will...

Jobless Rate Jumps To 14 Year High

AP | JEANNINE AVERSA | Posted 05.25.2011 | Business

WASHINGTON — The nation's unemployment rate bolted to a 14-year high of 6.5 percent in October as another 240,000 jobs were cut, far worse than ...

Hey Karl, Thanks

James Moore | Posted 05.25.2011 | Politics
James Moore

Dear Karl: Since I'm the guy largely responsible for giving you a reputation as being very smart, then it seems appropriate that I also deliver the news that, as it turns out, you aren't too bright.

Investing in our Nation's Infrastructure

Stephanie Neely | Posted 05.25.2011 | Chicago
Stephanie Neely

Another flat-screen television made in Asia or a new pair of designer shoes made in Europe will not prevent another bridge from collapsing in Minnesota.

I'll Take MY Bailout, Now, Thanks!

Keith Blanchard | Posted 05.25.2011 | Business
Keith Blanchard

The plain fact is, each and every company and industry in America today needs and deserves a bailout. So I'm staking my claim: I represent one of more than 25 million small businesses.

What Obama Needs To Do First: Make Clear How Bad It Is

Henry Blodget | Posted 05.25.2011 | Business
Henry Blodget

If President-Elect Obama were an incoming CEO, he would now be preparing for a massive write-off of the mountains of rotted junk buried on the company's balance sheet and an announcement that recovery will take a long, long time.

The Mortgage Crisis: A Modest Proposal

Howard Schweber | Posted 05.25.2011 | Politics
Howard Schweber

In dealing with the mortgage crisis it is critical to keep people in their houses. To do that we have to have ways to renegotiate their mortgages.

The American People Say "Yes We Can"

Gerald McEntee | Posted 05.25.2011 | Politics
Gerald McEntee

Tuesday's election was a milestone in building an America that lives up to its ideals, an event that has broken down old barriers and opened up new doors.

Vote Against (Climate) Change

Waylon Lewis | Posted 05.25.2011 | Green
Waylon Lewis

It's a time for leadership. "Bipartisan" is a nice word, but those who practice it are derided by their friends, and not supported by their enemies (just ask John McCain circa 2000).

Vote Against (Climate) Change

Waylon Lewis | Posted 05.25.2011 | Green
Waylon Lewis

It's a time for leadership. "Bipartisan" is a nice word, but those who practice it are derided by their friends, and not supported by their enemies (just ask John McCain circa 2000).