iOS app Android app

Great Recession

Horrible Lessons of the Great Recession Remind Us How Much More Needs to Be Done

Lisa Madigan | Posted 05.25.2011 | Chicago
Lisa Madigan

The release of the Financial Crisis Inquiry Commission's final report confirms what some of us have been shouting for the past several years: It did not have to happen, and it must not happen again.

Lila Shapiro

Economic Growth Still Not Good Enough To Dent Jobs Crisis | Lila Shapiro | Posted 05.25.2011 | Business

The American economy sped up in the last three months of 2010, but economic growth is still dramatically short of where it needs to be to make a signi...

The State of Brick City

Marc Levin | Posted 05.25.2011 | Politics
Marc Levin

We're at war -- not just in Afghanistan and Iraq -- but right here on the home front, where the battle plays out at the local level across America.

GOP Austerity Plan Is an Assault on Blacks and Latinos

David A. Love | Posted 05.25.2011 | Politics
David A. Love

It is a tale of two cities in early twenty-first century America. This new wave of austerity is a con game, and it's racist too.

Letters from Victims of the Great Recession

Michael Thornton | Posted 05.25.2011 | Impact
Michael Thornton

Letters from those affected by a tragedy often have more impact than simply discussing the facts and data. That's the case with the tragic consequences of long-term unemployment.

Three Strategies for Broke States

Tom Vander Ark | Posted 05.25.2011 | Education
Tom Vander Ark

America's history of local control makes it difficult for state leaders to orchestrate cost savings other than across the board cuts. However, states have quietly taken control of standards, assessments, data, and increasingly school finance.

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...