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Great Recession

When There's No Clock to Punch: Writer-Director John Wells on The Company Men

Dan Lybarger | Posted 05.25.2011 | Entertainment
Dan Lybarger

For a film that deals with misfortune and a cast that includes four Oscar-winners -- Ben Affleck, Tommy Lee Jones, Chris Cooper and Kevin Costner -- John Wells has a surprising amount of luck.

Bruce Bartlett: The Looming Federal Budget Train Wreck

The Fiscal Times | Bruce Bartlett | Posted 05.25.2011 | Business

Many economists believe that the Great Recession resulted from a "perfect storm" of various factors that were not too serious individually, but when c...

High Unemployment Means Workers Are Losing Power | David Leonhardt | Posted 05.25.2011 | Business

For corporate America, the Great Recession is over. For the American work force, it's not. Unfortunately, fixing the job market will take years. Ev...

When Obama Meets Hu: "Normalizing" Sino-American Relationship?

Leon T. Hadar | Posted 05.25.2011 | World
Leon T. Hadar

Each leader needs to come out of the summit able to demonstrate to an anxious public that the relationship between the two countries is advancing the nation's economic interests.

Shahien Nasiripour

Obama's Economic Policy Architect Says Job Growth Around The Corner; Unemployment Above 9 Percent For 20 Months | Shahien Nasiripour | Posted 05.25.2011 | Business

Two years into the Obama administration the architect of the president's economic policy remains resolute that, if the nation simply waits, job growth...

Higher Education Legislative Priorities: An Open Letter to Newly Elected Representatives and Senators

David J. Skorton | Posted 05.25.2011 | College
David J. Skorton

Why would we educate children at public expense from kindergarten through high school and then deny them the ability to pursue higher education? I offer for your consideration a few suggestions for legislation.

Be Warned: What 2011 Means for Filmmakers

Jeff Steele | Posted 05.25.2011 | Entertainment
Jeff Steele

The national debt 'n' deficit crisis is a financial maelstrom of unimaginable size and severity. For producers, this can be a valuable guide for deciding where to shoot your films.

Another Market Crash in 2011?

Dan Dorfman | Posted 05.25.2011 | Business
Dan Dorfman

The masses, namely the army of retail investors, are starting to get swayed by signs of a peppier economy and rebounding equity prices. But there are still plenty of lurking nightmares out there.

A Formula for Failure

Michael Bendetson | Posted 05.25.2011 | Politics
Michael Bendetson

The Great Recession has exposed a major flaw in the American economy beyond risky derivatives: an intellectual elite that now seeks success at the expense of our society -- instead of through it.

What Is The Most Significant Spiritual Lesson Of The Decade? (PHOTOS)

Steve McSwain | Posted 05.25.2011 | Religion
Steve McSwain

What was the most important spiritual lesson of the decade? Vote on that lesson you regard as the most significant, knowing there are perhaps many lessons we might have learned from any of the significant news events of the last decade.

There's No Place Like Numb

Lita Smith-Mines | Posted 05.25.2011 | Business
Lita Smith-Mines

As business owners, we all are trying to hang on for dear life. But how do you keep a grip when your fingers have grown numb?

William Alden

After Firing Crossing Guards, One Michigan Town Left With Nothing Else To Cut | William Alden | Posted 05.25.2011 | Business

This story is the first in a series that will examine the myriad consequences of the debt crisis confronting American states and cities. * * * * * ...

OUT OF LINE: Challenging Trail

Mort Gerberg | Posted 05.25.2011 | Comedy
Mort Gerberg


Wage Theft: Thou Shalt Not Steal From Your Workers

David A. Love | Posted 05.25.2011 | Religion
David A. Love

As the wealthy bankers are propped up and subsidized by the government, everyday working people who have little as it is are robbed daily -- by their employers. Now is a better time than most to discuss the crisis of wage theft in the United States.

Let the Bush Tax Cuts Expire in 2010 or Make Matters Worse

Stephen Herrington | Posted 05.25.2011 | Politics
Stephen Herrington

If the Republicans want to govern, let them offer a solution for the unemployed and see what the public thinks then. Just continuing the Bush tax cuts will do nothing to help the economy.

Bush Tax Cuts Give To The Rich, Oppress The Poor

Sheldon C. Good | Posted 05.25.2011 | Religion
Sheldon C. Good

Our political leaders are considering tax breaks for the wealthiest Americans just as unemployment benefits begin to run out for nearly 2 million people. This is immoral.

Shahien Nasiripour

4 Million Set To Lose Unemployment Benefits -- Even If Congress Passes Extension | Shahien Nasiripour | Posted 05.25.2011 | Business

Even as Congress debates whether to extend emergency unemployment checks for more than six million Americans who are approaching the 99-week limit, so...

The American Jobs Emergency Requires Action

Robert Reich | Posted 05.25.2011 | Politics
Robert Reich

The vast American middle and working class can't and won't buy enough to get people back to work. They're still under a huge debt load. The only viable source for domestic demand is government. But it's not doing its part.

The 10 Most Overrated Things About 2010

Mark Juddery | Posted 05.25.2011 | Books
Mark Juddery

This has been a vintage year for overrated things and people. Sure, every year is a vintage for that, but as some people have noted, it's especially f...

In North Carolina, a Gutsy Move

J. Michael Welton | Posted 05.25.2011 | Arts
J. Michael Welton

North Carolina is stepping up to put its money where its mouth is. It's not counseling clients to spend and build themselves, nor is it lobbying for financial assistance from the state or federal legislatures.

The Crowd That Had the Party Should Pick Up the Tab

Robert Creamer | Posted 05.25.2011 | Politics
Robert Creamer

The next time someone tells you about how the middle class needs to tighten its belt to close the budget deficit, remind them of the CEO who just spent $4,000 for a blouse on Rodeo Drive in Beverly Hills.

Crazy Talk Radio Fueling Another "Big Lie"

Fernando Espuelas | Posted 05.25.2011 | Politics
Fernando Espuelas

Depending on the radio program, we're either about to become a communist or fascist nation (okay, sometimes both), all because of the suspiciously foreign-looking guy in the White House.

For Wall Street: A Loyalty Oath -- to Main Street

Carla Seaquist | Posted 05.25.2011 | Business
Carla Seaquist

If Main Street takes another shellacking from Wall Street, expect a revolution mounted by Main Street, one that will make the Tea Party's anger seem, in comparison, tepid.

Distention Deficit

John O'Kane | Posted 05.25.2011 | Politics
John O'Kane

The deficit is now all the rage. Though post-election polls show it's jobs and economic certainty that voters want most, it's the deficit that's getti...

Electoral Defeat Shows It's Time Progressive Bloggers Started Caring About the Labor Movement

Mike Elk | Posted 05.25.2011 | Politics
Mike Elk

Perhaps after the recent election losses, bloggers will stop viewing elections as the key to challenging corporate power -- and instead focus on creating power in the workplace.