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Economic Recovery

Fed Interest Rates Held Flat, To Remain Ultra Low For An "Extended Period"

AP | JEANNINE AVERSA | Posted 12.16.2009 | Business

Read More: Federal Reserve, Fed Funds Rate, Fed Interest Rate, Ben Bernanke, Recession, Economic Recovery, Business News

WASHINGTON — The Federal Reserve pledged Wednesday to hold interest rates at a record low to drive down double-digit unemployment and sustain th...

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StimCity: What America's Mayors Think of the Stimulus

Harry Moroz | Posted 12.15.2009 | Politics

Read More: Mayors, House, Oklahoma City, Jobs, Congress, Cities, Pat McCrory, Trenton, Steny Hoyer, Douglas Palmer, Charlotte, Economic Recovery, Mick Cornett, Dannel Malloy, Stamford, Senate, Politics News
Harry Moroz

Stimulus projects designed for job creation have proven ineffective. To find out why, I spoke with a handful of the nation's mayors, both Democratic and Republican.

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Pete Peterson Teams Up with Kent Conrad to Undermine Democracy, Slash Social Security and Medicare, and Weaken Fragile Recovery.

Roger Hickey | Posted 12.16.2009 | Politics

Read More: National Debt, Roger Hickey, Kent Conrad, Economic Crisis, Judd Gregg, Economic Recovery, Budget Deficit, Campaign for America's Future, Peter Peterson, Social Security, Medicare, Politics News
Roger Hickey

Hedge fund mogul Peter Peterson and his Commission on Budget Reform are selling an undemocratic new budget process that would take the responsibility for budget-making away from the president and the committees of Congress.

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China Swaps US Debt for Equity: All Problems Solved!

Tom Gregory | Posted 12.13.2009 | Comedy

Read More: Lloyd Blankfein, Bearish, Recession, Federal Reserve, Obama, China, Bullish-Market, Goldman Sachs, Unemplyment, Trade Deficit, Lehman Brothers, Subprime Mortgage Crisis, Feds, Economic Recovery, Ben Bernanke, Funny, Comedy News, North Korea, Comedy News
Tom Gregory

Goldman Sachs has announced that its Treasury Dept. has completed a debt for equity swap with the People's Republic of China, effectively solving most of America's problems.

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Will the Real Jobless Number Please Stand Up?

Dan Dorfman | Posted 12.12.2009 | Business

Read More: Bls Job Numbers, Economic Recovery, Job Losses, Obama Jobs, Unemployment, Bureau of Labor Statistics, Unemployment Rate, Monthly Job Numbers, Business News
Dan Dorfman

A number of market professionals argue that the Bureau of Labor Statistics is stacking the employment deck by issuing misleading figures that paint a rosier picture of the country's mounting job losses.

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Keiser Report №4: Markets! Finance! Scandal! Guest 'Deflationist' Steve Keen

Max Keiser | Posted 12.11.2009 | Business

Read More: Economic Recovery, Steve Keen, Deflation, Inflation, Business News
Max Keiser

In my interview with Steve Keen, he spells out why continued asset price deflation means recovery should not be expected any time soon. He also talks about how you can't have inflation without wage-inflation.

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The Benchmark For A Jobs Recovery: 300k New Jobs Per Month

New York Times | Paul Krugman | Posted 12.10.2009 | Business

Read More: Economic Recovery, Recovery, Unemployment, Financial Crisis, Jobs, New Jobs, Unemployment Rate, Recession, Business News

Here we are, having suffered huge job losses, and needing to make up the lost ground -- and a report showing that we're still losing jobs, but not as ...

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Americans' Net Worth Up For 2nd Straight Quarter

AP | DANIEL WAGNER and DAVE CARPENTER | Posted 12.10.2009 | Business

Read More: Standard and Poor's 500 Index, Bank Accounts, Second Quarter, Net Worth, Home Values, Americans' Net Worth, Economic Recovery, Investments, Business News

WASHINGTON — Inch by inch, Americans are recovering some of their vast loss of wealth from the recession, thanks to gains in stock investments a...

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Is Constituency Democracy Destroying the U.S.A.? Solutions Provided by Readers

Paul David Walker | Posted 12.09.2009 | Politics

Read More: Government, Politics, Economic Recovery, Living, Reflections on Leadership for Social Change, Politics News
Paul David Walker

Many point out that without special interest groups, "bribing" our elected officials is the main problem. Bribery is one of the "high crimes" mentioned in Article 2, Section 4 of our constitution.

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86k New Jobs Need To Be Added Every Month To Hold Unemployment Rate Steady In 2010: Asha Bangalore

Posted 12.10.2009 | Business

Read More: Jobs, Economic Recovery, Unemployment, Business News

Exactly how many jobs will President Obama's new economic initiatives have to create to stabilize the economy? In a research piece published yeste...

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Lifelong Learning For A Stronger Workforce

William D. Green | Posted 12.09.2009 | Business

Read More: Education Career Link, Economic Recovery, Unemployment, American Workforce, Jobs, Economic State, Unemployment Rate, Educational Attainment, America Jobs Climate, Business News
William D. Green

When real economic growth finally takes hold and unemployment rates fall, it might seem easy to believe that the American workforce can return to business as usual. But positive numbers alone will not be enough to predict future success.

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White House Jobs Summit: Digging Out of Unemployment Cycles

Meizhu Lui | Posted 12.07.2009 | Politics

Read More: White House, Economic Recovery, Unemployment, Race, People of Color, Jobs Summit, Politics News
Meizhu Lui

We can get the economy to work and work for all of us, by putting the American people to work. We're shovel ready!

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Traders Fear A Strengthening Economy: Low Rates And Weak Dollar Have Helped Fuel Rally

AP | STEPHEN BERNARD | Posted 12.07.2009 | Business

Read More: Interest Rates, Stock Market Rally, Weak Dollar, Stock Market, Fed, Federal Reserve, Macro Risk Advisors, Economic Recovery, Business News

NEW YORK — Be careful what you wish for. Investors have been hoping for signs that the economy is strong enough to justify continuing Wall Stre...

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Jobs 1.0: Creating Jobs Without Busting The Budget

James Adler | Posted 12.03.2009 | Los Angeles

Read More: Bidding Procedures, Infrastructue Jobs, Unemployment, Extended Unemployment Insurance, Jobs, White House Conference on Jobs, Welfare, Economic Stimulus, Economic Recovery, Tanf, New Deal, Job Creation, Los Angeles News
James Adler

The experience of the New Deal is instructive. Using stimulus money, LA County has designed a program to create 10,000 new jobs paying $10 per hour for 40 hours per week.

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An Early Indicator of Recovery: Keep an Eye on the Students

Rod Shrader | Posted 12.03.2009 | Chicago

Read More: College Students, Economic Recovery, Economic Indicators, Entrepreneurship, Education, Mba, Business, Chicago News
Rod Shrader

As a teacher in the College of Business Administration at UIC , I keep my eye on a special type of leading indicator, the attitude of the young people in my classes about their job prospects.

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Creating Saved Jobs

Harry Moroz | Posted 11.25.2009 | Politics

Read More: Jobs Bill, Stimulus, Unemployment, American Recovery and Reinvestment Act, Jobs, Economy, Nancy Pelosi, Economic Recovery, Recession, Politics News
Harry Moroz

The stimulus truly was a model of political compromise, providing that devilish mixture of effective public policy and politics.

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Spending Up, Jobless Claims Down, But Still No Economic Recovery Yet

Posted 11.25.2009 | Business

Read More: Paul Krugman Nyt, Unemployment, Spending, Fed, Economy, Unemployment Claims, Paul Krugman New York Times, Krugman, New York Times, Federal Reserve, Paul Krugman, Jobless Claims, Economic Recovery, Consumer Spending, Business News

There's good news and bad news today for the US economy. The good news is that consumer spending rose 0.7% last month, according to the Commerce Depar...

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Strengthening The Levees Against Unemployment And Rising Debt

Ann Pettifor | Posted 11.25.2009 | Business

Read More: Monetary Policy, Deficit Reduction, Debt, Unemployment, Federal Budget Deficit, Stimulus, Keynesian Economics, John Maynard Keynes, Economic Recovery, Paul Krugman, Recession, Business News
Ann Pettifor

Government must manage the federal budget in the same way that you manage your household budget. But in truth, the president must do the opposite.

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Does "Dr. Doom" Believe His Own Press?

Dan Solin | Posted 11.24.2009 | Business

Read More: Economic Recovery, Jeremy Siegel, Dow Jones, Nouriel Roubini, Recession, Stock Market, Roubini Dr Doom, Business News
Dan Solin

Recently, "Dr. Doom" warned about a coming market correction. Should investors rely on Professor Roubini's crystal ball?

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More Pain For You And Me: The Economy's About To Stumble

Andrew Reinbach | Posted 11.24.2009 | Business

Read More: Banks, Economic Recovery, Foreclosure, Commercial Real Estate, Economics, Recession, Economy, Business News
Andrew Reinbach

Since the likelihood of more federal stimulus packages is low -- unless they're called something like a "jobs bill" -- this will mean more pain and an even slower economy.

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The Same Chance I Had

Antonio Villaraigosa | Posted 11.19.2009 | Los Angeles

Read More: Education, American Recovery and Reinvestment Act, Economic Recovery, Lausd, Los Angeles, Los Angeles News
Antonio Villaraigosa

I'm proud to announce a down payment of over $4 million dollars to start putting Angelenos who dropped out of high school back to work.

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Navigating the Jobs Crisis: Clean Energy and Good Jobs Go Hand in Hand

Phaedra Ellis-Lamkins | Posted 11.19.2009 | Business

Read More: Financial Crisis, Economic Recovery, Clean Energy, Green Jobs, Recovery Act, Economy, Business News
Phaedra Ellis-Lamkins

We must measure our true economic progress by a different metric: the number of career-track, green jobs that we create for those Americans who need them most.

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FDR Would Not Accept a 'Jobless Recovery'

David Woolner | Posted 11.19.2009 | Business

Read More: Financial Crisis, U.S. Recession, Economic Recovery, Fdr, Business News
David Woolner

For FDR's administration, the notion of a "jobless recovery" would have been an anathema.

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We Need New Banks

John K. Delaney | Posted 11.18.2009 | Business

Read More: Small Business Administration, Small Business, Economic Stimulus, Economic Recovery, Bank Lending, Lenders, Finance, Business News
John K. Delaney

The Obama Administration should charter 100 new special "Business Banking Charters," to aggressively participate in lending to small- to mid-sized companies.

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Geese, Ganders and Governors

Alan Singer | Posted 11.17.2009 | New York

Read More: John Maynard Keynes, David Paterson, School Reform, New York Budget, Economic Stimulus, Economic Recovery, Education Reform, Capitalism, Recession, New York News
Alan Singer

Governor Paterson's proposal proposed budget cuts (and similar proposals in the other 49 states) are a recipe for an even worse economic disaster than we have had during the past year.

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