Recovery: The New Black
Are the green shoots real, or are the government economy-minders taking premature credit to dampen populist anger? Let's hope they aren't simply seeing some dandelions in the lawn and calling it springtime.
Are the green shoots real, or are the government economy-minders taking premature credit to dampen populist anger? Let's hope they aren't simply seeing some dandelions in the lawn and calling it springtime.
Michael J. Panzner | Posted 11.16.2009 | Business
Many of those at Main Street's front lines are following the old Wall Street dictum: When the ducks are quacking, feed them.
Michelle Kraus | Posted 11.15.2009 | Politics
There is a reason that the American people are losing ObamaHope. It's not just unemployment. The reality cuts much deeper than the everyday lives of normal people.
Dan Dorfman | Posted 11.11.2009 | New York
Such informed financial minds as Ben Bernanke and Tim Geithner have been telling us for months the recession is history, but just maybe they ought to chat with a can man.
Ann Pettifor | Posted 11.09.2009 | Business
We are in the middle of a monumental political conflict with very high stakes. On one side: politicians and regulators battling for the interests of middle-class Americans. On the other: the banks.
Harry Moroz | Posted 11.09.2009 | Business
Is market recovery really the same thing as economic recovery?
Drew Westen | Posted 10.23.2009 | Politics
At this historic moment, the White House has determined that the best way to win the center is to tack right. But sometimes, the best way to win the center is not to move to the center, but to move the center.
Robert Kuttner | Posted 10.22.2009 | Business
There are three parts to the woes of American workers -- falling wages, rising unemployment, and insecurity about the future. More robust policies could improve all three.
Robert Reich | Posted 10.21.2009 | Business
I keep hearing that the economic meltdown has taken a huge toll on the stock portfolios of the rich. That's true. But the rich haven't lost nearly as much of their assets, proportionately, as everyone else.
David Adkins | Posted 10.21.2009 | Politics
While the New Deal was about federal agencies, the Recovery Act is about federal partnership, with states leading the charge in providing essential services to the vulnerable while jump-starting economic growth.
Jim Gibbons | Posted 10.20.2009 | Business
Many local Goodwills around the country are placing people in employment opportunities in diverse industries such as technology, healthcare, food services, banking, computer programming and manufacturing.
Danny Schechter | Posted 10.19.2009 | Business
Inside a transcript based On top secret National Security Agency surveillance tapes, Tony Soprano discusses the stimulus.
Jared Bernstein | Posted 10.16.2009 | Business
The Recovery Act is working, and if you're only noticing that things are still bad without noticing that they're getting better, you're looking at the wrong benchmarks.
Hale "Bonddad" Stewart | Posted 10.16.2009 | Business
At the beginning of the year GDP was dropping and we were bleeding jobs at 600,000/month. Given that, we're not going to rebound to a 3% growth rate in a few months; it's just not going to happen.
Garrett Johnson | Posted 09.27.2009 | Business
The economy: Has it bottomed? Are we recovering? Will we see a "V" shaped bounce? Or a "U"? Or a "W"? Let's examine exactly what is going to lead this economy out of our deep recession.
Hale "Bonddad" Stewart | Posted 09.27.2009 | Business
This is the third time that I have been through an economic event where there were groups of people who said the old methods of analysis didn't apply. As I will demonstrate, nothing could be farther from the truth.
Seth Freed Wessler | Posted 09.25.2009 | Politics
For communities of color, 'recovery' can be a vapid term. People of color consistently face rates of unemployment higher than what whites experience in the worst recessions.
Daniel Denvir | Posted 09.25.2009 | Politics
The government, media and establishment economists are measuring recovery by the GDP and stock prices, the same measures used to qualify our previous bubbles as reflecting real economic well-being.
Alan Schram | Posted 09.23.2009 | Business
Consensus seems to be that the housing market bottomed. But I have my doubts.
Tom Vander Ark | Posted 09.22.2009 | Politics
With staggering unemployment in low income and minority communities, trouble expanding access to health care, and school funding likely to be lousy for years to come, it's a tough time to be an urban kid in America.
AP | JEANNINE AVERSA | Posted 09.21.2009 | Business
JACKSON, Wyo. — Federal Reserve Chairman Ben Bernanke on Friday offered his most optimistic outlook since the financial crisis struck, saying th...
AP | By CHRISTOPHER S. RUGABER | Posted 09.21.2009 | Business
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Danny Schechter | Posted 09.20.2009 | Business
Out in the street, you notice fewer cabs and town cars. There are retail vacancies on every block. Stores are discounting everything. When JC Penny opened in Midtown, 15,000 people applied for 500 jobs.
Hale "Bonddad" Stewart | Posted 09.20.2009 | Business
We're not talking about one country; we're seeing data emerge from a variety of countries on a variety of continents that growth is returning. We have strong reason to believe the worst is over.
AP | KEN THOMAS and DAN STRUMPF | Posted 09.19.2009 | Business
WASHINGTON — Transportation Secretary Ray LaHood assured car dealers Wednesday that they will be reimbursed for sales made under the Cash for Cl...
Harry Shearer | Posted 11.17.2009 | Business