Renting a house, snagging a ride on your smartphone, and de-leveraging your balance sheets would truly be a new American way, with tremendous implications for policymakers including the Fed if a geopolitical or natural disaster hit and it was stuck at an already low interest rate.
Income inequality is a topic that hovers over our economy like the mother ship from Independence Day. It has a national impact as well as individual impacts to millions of Americans.
When it comes to sizing the remodeling industry, the figure most frequently cited is "around $300 billion annually." With interest in the sector heating up, BuildZoom decided to take a closer look at the actual size of the market.
More than 68 percent of Californians say that poverty is a critical issue for the state to address, and majority support restoring the social safety net.
This is the America of the 21st century, a country divided along lines of morality, where wealth equates to power and the gap between those who have and those who don't is increasing. I will continue to speak up for those who aren't able to speak up for themselves.
A lot of people in their thirties are struggling, have struggled for more than a decade, and are ignored because we aren't fresh faced high school grads or tweens at basketball camp.
The rationale for lending federal money out at low interest to banks is that it provides a lot of capital to the banking system, meaning there is more money out there to boost the economy. There really is no good reason not to make the same investment in students.
When Obama announced plans to curtail the use of coal over the next 15 years, news outlets rushed to do pieces on the prospective loss of jobs in coal-mining areas. While it is good to see the media paying attention to this job loss and its implications for families and communities, this concern is a striking departure from normal practice.
It's no longer acceptable to condemn individual behavior without looking at the culture that protects and promotes it.
The U.S. economy seems sluggish today, but ironically, it may also be over-stimulated. Like someone who has had too much caffeine but is on the last reserves of strength, the economy is showing some effects of fatigue.
An uneven recovery. This is what economists are discussing, but more problematically, it's the reality that too many American families are facing every day.
In today's economic environment, we need a revival of trade unionism. A robust trade-union movement must be premised on recognition of the right that all persons have to come together for economic purposes.
Money. Having it, not having it, not having enough of it -- this ends up being a big, hairy monster for an awful lot of people. Talking ab...
A world where more people understand how to navigate past social, political, and cultural barriers to enhance mutual exchange and understanding is a more peaceful and prosperous world.
Over 73 million adults have a college degree in this country, but less than 2 million of them are members of the One Percent. Most earn less than a fifth of what they'd need to qualify for the One Percent.
They're the interior spaces where the most value can be added during a sale, so they need to look their best.