When Oahu and Maui bounced back, Hawaii still struggled with higher unemployment and a stagnated real estate market and construction projects were put on hold for years. Things are finally changing.
So what are the causes for optimism with regard to future earnings power? Well, the most notable are probably the recent sharp decreases in interest rates and gas prices.
An international dialogue should begin now. It might open with an invitation to the Troika: Explain why Greece should not start a jobs guarantee policy today.
If you read the fairy tale weaved by the major media and our history books, we would believe that liberal policies are beneficial to everyone, whether...
One hundred years later, Panama is a truly independent nation that with great sacrifices and diplomatic efforts managed to regain sovereignty over the Canal Zone. Nevertheless, reaching this point had a high cost for this young republic, which gradually is becoming a regional economic power.
As principled conservatives continue to unite under the banner of reform, our true test will be whether we can make our proposals reality, and create a brighter future for hardworking people throughout our country.
There you have it: two extremely prominent political figures who got rich off the housing bubble, now taking time from their busy schedule to call on the Fed to raise interest rates and destroy millions of jobs. In the "show no shame" contest, this looks like a real winner.
The indications we've been given -- although no one is willing to state definitively what the final rule is likely to include -- suggest that we shouldn't get our hopes up that our chief concerns will be comprehensively or even meaningfully addressed. We hope we are reading those indications wrong.
The City of Adelanto, California, greets visitors with a sign, proclaiming it to be a city of "unlimited possibilities." However, when you drive through this small town in the Mojave Desert, it is clear the city is known for only one possibility: incarceration.
None of us is capable of predicting the future, but the optimism of young people is even more impressive to me when we think of the uncertainties of the world to come.
Much has been made about a recent Wall Street Journal/NBC news poll suggesting that over three quarters of Americans do not believe their children will have a better life than they do.
Presidents have been unwilling to name, much less remedy, the deep economic forces that are turning payroll jobs into what I've termed "The Task Rabbit Economy" -- a collection of ad hoc gigs with no benefits, no job security, no career paths, and no employer reciprocity for worker diligence. But there are signs that maybe this issue is starting to break through.
Today, the Earth got a little hotter, and a little more crowded. How unusual has the weather been? No one event is "caused" by climate change, but global warming, which is predicted to increase unusual, extreme weather, is having a daily effect on weather, worldwide.
People don't tend to feel warm and fuzzy about their bankers, in part because bankers have a nasty habit of doing things to alienate their customers. At their worst, bankers can almost live up to the evil embodied in the most twisted characters in movie history.
The sharing economy sector - where people with average holdings use their homes, cars, skills, and tools to make a living and pay their bills - passed a major milestone in 2014: it generated its first billionaires - the founders of room-sharing site Airbnb.
There is a tragic irony in leaders from across Africa discussing the progress of their countries with President Obama in Washington, D.C., last week even as the Ebola virus is brutally exposing the lack of capacity, antiquated health systems, and absence of governance in one corner of the continent.