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Great Recession

Moving Beyond GDP

Sean McElwee | Posted 01.26.2014 | Business
Sean McElwee

The 2007 economic crisis and the lingering stagnation it wrought has lead economists, philosophers and policymakers to a profound rethinking of how we measure economic performance and social progress.

Equality Is Good For Everyone!

Harlan Green | Posted 01.25.2014 | Business
Harlan Green

It looks like some states are beginning to take the equality issue seriously again. Massachusetts just raised their minimum wage to $10 per hour, Cali...

Economists and Labor

Henry M. Banta | Posted 01.25.2014 | Business
Henry M. Banta

Neoliberal economic philosophy has dominated the debate on economic policy. It has limited the very language in which our political debates have been conducted. The simplistic model of the perfectly competitive market has been the standard against which all public policies have been measured.

Is the Housing Boom in Phoenix Creating Another Bubble?

Anita Verma-Lallian | Posted 01.25.2014 | Business
Anita Verma-Lallian

The current market portends a promising future for growth of Phoenix. We have survived one of the worst real estate recessions of all times, and now we are moving into time of expansion for housing. In a state that sees sunlight 85 percent of the year, the future of Metro Phoenix's housing market is just as bright!

The Cause of Public Good in Peril: Free-Market Deceptions and the Breakdown of the Collective Consciousness

Edward Kubow | Posted 01.23.2014 | Politics
Edward Kubow

Civilization is a joint project that requires as much heavy lifting on the part of government as it does leadership of the market. Its greatness is neither going to be defined by the size and power of its corporate entities and how well governments balance ledgers nor by the hoarding of wealth by a few.

Thanks For Nothing, Washington!

Harlan Green | Posted 01.23.2014 | Business
Harlan Green

Democrats have bought the Republican lie that Democrats were the big spenders, it seems, with the draconian federal budget cuts enacted over the past ...

Ravages of the Great Recession

Sheldon Danziger | Posted 01.23.2014 | Politics
Sheldon Danziger

In the "good old days," Washington would have tried to soothe our lingering economic pains. But now, Congress's dysfunction -- particularly its preoccupation with slashing the federal deficit -- is prolonging our collective pain.

Hubris: Politicians Overestimate America's Stability

Fernando Espuelas | Posted 01.23.2014 | Politics
Fernando Espuelas

In the maelstrom of the shutdown, a debt-ceiling suicide attempt and the cutting off of nutrition support for poor people by Congress, it's clear that America's political class has unbounded belief in national stability.

Children and American Leadership: What Would the Roosevelts Do?

Bruce Lesley | Posted 01.23.2014 | Politics
Bruce Lesley

Children are still struggling with high poverty, hunger, insecure housing, child abuse, inadequate early childhood services, and cuts to education that are leading millions of children down a pathway toward a dark and uncertain future. It is time we address their needs. Our future depends on it.

Why Washington Is Cutting Safety Nets When Most Americans Are Still in the Great Recession

Robert Reich | Posted 01.23.2014 | Politics
Robert Reich

It's easy to blame Republicans and the right-wing billionaires that bankroll them, and their unceasing demonization of "big government" as well as deficits. But Democrats in Washington bear some of the responsibility.

The Financial Crisis Could Be Impacting Our Morality

The Huffington Post | Caroline Fairchild | Posted 10.22.2013 | Business

The financial crisis didn't just hurt the economy. It also may have done major damage to our collective moral standards, a new study suggests. Afte...

Even More 20-Somethings Live With Mom And Dad Than You Think

The Huffington Post | Caroline Fairchild | Posted 10.21.2013 | Business

The generation that came of age during the Great Recession is still having trouble becoming financially independent and moving away from home, accordi...

Default Is in Our House

Alex Palombo | Posted 10.14.2013 | Politics
Alex Palombo

After years of watching our country claw its way back from the Great Recession, these debt ceiling and government shutdown are foreign to me. Why would we ever want to put our country in the position to default on our loans? Why is this even an argument?

Time Out!

Atiba Madyun | Posted 01.23.2014 | Politics
Atiba Madyun

Politics has become a childish blame game. Right now led by Republicans pointing fingers at everyone but yourselves, in the U.S. Congress. So We The People want you to go to the Time Out corner.

Low-Wage Latino Workers Just Want to Do the Right Thing

National Council of La Raza | Posted 12.09.2013 | Latino Voices
National Council of La Raza

Want a reality check on today's employment situation? Ask someone making less than $50,000 per year.

The Deeper Issues in the Shutdown Crisis

Hoyt Hilsman | Posted 01.23.2014 | Politics
Hoyt Hilsman

As the partisan warfare in Washington continues over the government shutdown and looming debt ceiling, it is important to examine some of the deeper i...

PHOTOS: People Across The World Still Hoarding Cash After Crisis

AP | The Associated Press | Posted 10.06.2013 | Business

-- Five years after the financial crisis, people in the world's 10 biggest economies are still too spooked and distrustful to take chances with their...

When Winning or Losing Isn't Enough

Robert Hoch | Posted 01.23.2014 | Religion
Robert Hoch

What does a theologian have to say about the current impasse in Washington D.C.? Maybe I would say, "There's a kingdom that breaks bread and there's a kingdom that withholds bread -- our government seems to be the latter."

The Government Shutdown and the Death of the Old Order

Hoyt Hilsman | Posted 01.23.2014 | Politics
Hoyt Hilsman

Although most Americans are exasperated by the stalemate in Washington and by the extreme tactics of the Tea Party, students of history will recognize the symptoms of generational change.

Earnings a Bright Spot in the Gloomy Recession?

Mehroz Baig | Posted 11.24.2013 | San Francisco
Mehroz Baig

The labor market and employment situation that we face today has many facets: in addition to recovering from a global financial crisis, the economy is facing a slow recovery, resulting from a long recession.

Suicides Spiked After Great Recession

The Huffington Post | Posted 09.20.2013 | Business

The Great Recession resulted in 5,000 additional suicides worldwide in 2009, according to a recent study -- the first to look at suicide trends global...

Bullish on France

Charles Kolb | Posted 11.20.2013 | World
Charles Kolb

Last year while visiting Le Havre, I talked with a young waiter working two jobs to save enough money to go to school to specialize in international law. I asked him how much money he needed, and when he told me 4,000 euros, I almost laughed.

Five Ways to Fix America's Economy

Bill Moyers | Posted 11.19.2013 | Politics
Bill Moyers

What specifically can we do to fix our economy? Turns out, Reich has a clear plan of action to ensure there is "upward mobility again, in our society and in our economy."

Millennials: We Suck And We're Sorry ... NOT!

The Huffington Post | William Goodman | Posted 09.19.2013 | College

Millennials have a message to all the other generations calling them a lazy, self-absorbed, narcissistic generation: "We suck and we're sorry!" Tha...

Credit Crisis: Five Years Past or Five More in the Making

Michael Pento | Posted 11.17.2013 | Business
Michael Pento

Wall Street is now reflecting upon the fifth anniversary of the Lehman Brothers bankruptcy. In fact, most are celebrating the belief that the complete collapse of the American economy was avoided. However, it is much more accurate that the Great Recession was only temporarily mollified.